NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) communications and consumer products and electronic component distributors. Ongoing credit evaluations of customers’ financial condition are performed and collateral, such as letters of credit and bank guarantees, are required whenever deemed necessary. In both fiscal years 2011 and 2010 the Company had three customers, each with greater than ten percent of net revenue; Foxconn, Nokia and Samsung Electronics. In fiscal years 2009 the Company’s greater than ten percent customers were Asian Information Technology, Samsung Electronics and Sony Ericsson Mobile Communications. The Company’s greater than ten percent customers comprised the following percentages of net revenue: At September 30, 2011, the Company’s three largest accounts receivable balances comprised 53% of aggregate gross accounts receivable. This concentration was 60% and 34% at October 1, 2010 and October 2, 2009, respectively. * Customer did not represent greater than ten percent of net revenue (1) Earnings per share calculations for each of the quarters are based on the weighted average number of shares outstanding and included common stock equivalents in each period. Therefore, the sums of the quarters do not necessarily equal the full year earnings per share. Page 121 Skyworks / Annual Report 2011 19. QUARTERLY FINANCIAL DATA (UNAUDITED) Fiscal Years Ended September 30, 2011 October 1, 2010 October 2, 2009 Company A ........................................ 27% 13% * Company B ........................................ 13% 12% * Company C ........................................ 11% 13% 15% Company D ........................................ * * 12% Company E ........................................ * * 11% First Quarter Second Quarter Third Quarter Fourth Quarter Fiscal Year (In thousands, except per share data) Fiscal 2011 Net revenue ................. $335,120 $325,411 $356,075 $402,316 $1,418,922 Gross profit ................. 148,538 140,981 156,225 174,560 620,304 Net income ................. 60,868 49,960 51,548 64,209 226,585 Per share data(1) ............. Net income, basic .......... $ 0.34 $ 0.27 $ 0.28 $ 0.35 $ 1.24 Net income, diluted ......... $ 0.32 $ 0.26 $ 0.27 $ 0.34 $ 1.19 Fiscal 2010 Net revenue ................. $245,138 $238,058 $275,370 $313,283 $1,071,849 Gross profit ................. 102,554 99,854 118,266 136,159 456,833 Net income ................. 28,010 27,744 34,736 46,804 137,294 Per share data(1) ............. Net income, basic .......... $ 0.16 $ 0.16 $ 0.20 $ 0.26 $ 0.78 Net income, diluted ......... $ 0.16 $ 0.15 $ 0.19 $ 0.25 $ 0.75