TABLE OF CONTENTS Page 65 Skyworks / Annual Report 2011 PAGE NO. Introduction ....................................................................... 68 Industry Background ................................................................ 68 Business Overview .................................................................. 70 Management’s Discussion and Analysis of Financial Condition and Results of Operations ......... 73 Quantitative and Qualitative Disclosures About Market Risk ................................. 86 Selected Financial Data .............................................................. 87 Consolidated Statements of Operations .................................................. 88 Consolidated Balance Sheets .......................................................... 89 Consolidated Statements of Cash Flows ................................................. 90 Consolidated Statements of Stockholders’ Equity and Comprehensive Income (Loss) ............. 91 Notes to Consolidated Financial Statements .............................................. 92 Report of Independent Registered Public Accounting Firm .................................. 122 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure ......... 124 Market for Registrant’s Common Equity, Related Stockholders Matters and Issuer Purchases of Equity Securities ................................................................. 124 Comparative Stock Performance Graph ................................................. 125