APPLIED MATERIALS,
INC. |
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Three Months Ended | Fiscal Year Ended | ||||||||||||
(In thousands, except per share data) | April 28, 1996 |
April 30, 1995 |
April 28, 1996 |
April 30, 1995 |
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Net sales | $ | 1,127,855 | $ | 675,439 | $ | 2,168,435 | $ | 1,181,547 | |||||
Cost and expenses: | |||||||||||||
Cost of products sold | 586,564 | 370,429 | 1,130,344 | 638,525 | |||||||||
Research, development and engineering | 124,918 | 73,393 | 235,270 | 133,389 | |||||||||
Marketing and selling | 80,587 | 51,901 | 157,869 | 96,046 | |||||||||
General and administrative | 54,820 | 34,822 | 104,375 | 66,640 | |||||||||
Income from operations | 280,966 | 144,894 | 540,577 | 246,947 | |||||||||
Interest expense | 4,917 | 5,881 | 10,085 | 11,634 | |||||||||
Interest income | 9,829 | 5,040 | 19,426 | 9,983 | |||||||||
Income from consolidated companies before taxes |
285,878 | 144,053 | 549,918 | 245,296 | |||||||||
Provision for income taxes | 100,057 | 50,418 | 192,471 | 85,853 | |||||||||
Income from consolidated companies | 185,821 | 93,635 | 357,447 | 159,443 | |||||||||
Equity in net income/(loss) of joint venture | -- | -- | -- | -- | |||||||||
Net income | $ | 185,821 | $ | 93,635 | $ | 357,447 | $ | 159,443 | |||||
Earnings per share | $ | 1.01 | $ | 0.54 | $ | 1.94 | $ | 0.92 | |||||
Average common shares and equivalents |
183,699 | 173,406 | 183,921 | 173,010 | |||||||||