SKYWORKS SOLUTIONS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS Fiscal Years Ended September 30, 2011 October 1, 2010 October 2, 2009 (In thousands, except per share amounts) Net revenue ................................................. $1,418,922 $1,071,849 $802,577 Cost of goods sold ........................................... 798,618 615,016 484,357 Gross profit ................................................. 620,304 456,833 318,220 Operating expenses: Research and development ................................... 168,637 134,140 123,996 Selling, general and administrative ............................ 137,238 117,853 100,421 Amortization of intangibles .................................. 16,742 6,136 6,118 Restructuring and other charges (credits) ........................ 2,363 (1,040) 15,982 Total operating expenses .................................. 324,980 257,089 246,517 Operating income ............................................ 295,324 199,744 71,703 Interest expense ............................................. (1,936) (4,246) (8,290) (Loss) gain on early retirement of convertible debt .................. — (79) 4,590 Other income (loss), net ....................................... 498 (345) 1,753 Income before income taxes .................................... 293,886 195,074 69,756 Provision (benefit) for income taxes ............................. 67,301 57,780 (25,227) Net income ................................................. $ 226,585 $ 137,294 $ 94,983 Earnings per share: Basic .................................................... $ 1.24 $ 0.78 $ 0.57 Diluted .................................................. $ 1.19 $ 0.75 $ 0.56 Weighted average shares: Basic .................................................... 182,879 175,020 167,047 Diluted .................................................. 190,667 182,738 169,663 See the accompanying notes to the consolidated financial statements. Page 88 Skyworks / Annual Report 2011