SELECTED FINANCIAL DATA. You should read the data set forth below in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operation , and our consolidated financial statements and related notes appearing elsewhere in this Annual Report. The Company’s fiscal year ends on the Friday closest to September 30. Fiscal years 2011, 2010, 2009 and 2007 each consisted of 52 weeks and ended on September 30, 2011, October 1, 2010, October 2, 2009, and September 28, 2007, respectively. Fiscal year 2008 consisted of 53 weeks and ended on October 3, 2008. Consolidated balance sheets at September 30, 2011 and at October 1, 2010, and the related consolidated statements of operations, cash flows, stockholders equity and comprehensive income (loss) for each of the three fiscal years ended September 30, 2011, and notes thereto appear elsewhere in this Annual Report. Net revenue and net income for acquisitions completed during the fiscal year ended September 30, 2011 have been included in the consolidated statements of operations from their respective acquisition dates. SiGe Semiconductor, Inc. (“SiGe”) contributed approximately $39.7 million of net revenue to the consolidated results of operations for the fiscal year ended September 30, 2011. The impact of SiGe’s ongoing operations on the Company’s net income was insignificant to the fiscal year ended September 30, 2011. The transaction related costs associated to the SiGe acquisition were considered immaterial and included within selling, general and administrative expense for the fiscal year ended September 30, 2011. Page 87 Skyworks / Annual Report 2011 Fiscal Year 2011 2010 2009 2008 2007 (In thousands except per share data) Statement of Operations Data: Net revenue .......................... $1,418,922 $1,071,849 $ 802,577 $ 860,017 $ 741,744 Cost of goods sold ..................... 798,618 615,016 484,357 517,054 454,359 Gross profit .......................... 620,304 456,833 318,220 342,963 287,385 Operating expenses: Research and development ............ 168,637 134,140 123,996 146,013 126,075 Selling, general and administrative ...... 137,238 117,853 100,421 100,007 94,950 Amortization of intangible assets ....... 16,742 6,136 6,118 6,005 2,144 Restructuring and other charges (credits) ......................... 2,363 (1,040) 15,982 567 5,730 Total operating expenses ............ 324,980 257,089 246,517 252,592 228,899 Operating income ..................... 295,324 199,744 71,703 90,371 58,486 Interest expense ....................... (1,936) (4,246) (8,290) (16,324) (24,187) (Loss) gain on early retirement of convertible debt ..................... — (79) 4,590 2,158 (6,964) Other income (loss), net ................ 498 (345) 1,753 5,983 11,438 Income before income taxes ............. 293,886 195,074 69,756 82,188 38,773 Provision (benefit) for income taxes ....... 67,301 57,780 (25,227) (28,818) (880) Net income .......................... $ 226,585 $ 137,294 $ 94,983 $ 111,006 $ 39,653 Earnings per share: Basic ............................... $ 1.24 $ 0.78 $ 0.57 $ 0.69 $ 0.25 Diluted .............................. $ 1.19 $ 0.75 $ 0.56 $ 0.67 $ 0.25 Balance Sheet Data: Working capital ....................... 569,238 585,541 393,884 345,916 316,808 Total assets .......................... 1,890,389 1,564,052 1,352,591 1,235,371 1,188,834 Long-term liabilities ................... 34,198 43,132 47,569 125,026 173,382 Stockholders’ equity ................... 1,609,095 1,316,596 1,108,779 961,604 818,543