APPLIED MATERIALS,
INC. |
||||||
Three Months Ended |
||||||
| (In thousands,except per share data) | January 26, 1997 |
 |
January 28, 1996 |
|||
| Net sales | $ 835,776 | |
$ 1,040,580 | |||
| Cost of products sold | 464,120 | |
543,780 | |||
| Gross margin | 371,656 | |
496,800 | |||
| Operating expenses: | ||||||
| Research, development and engineering | 116,492 | |
110,352 | |||
| Marketing and selling | 66,271 | |
77,282 | |||
| General and administrative | 59,608 | |
49,555 | |||
| Acquired in-process research and development | 59,500 | |
-- | |||
| Income from operations | 69,785 | |
259,611 | |||
| Interest expense | 5,800 | |
5,168 | |||
| Interest income | 13,557 | |
9,597 | |||
| Income from consolidated companies before taxes | 77,542 | |
264,040 | |||
| Provision for income taxes | 47,965 | |
92,414 | |||
| Income from consolidated companies | 29,577 | |
171,626 | |||
| Equity in net income/loss of joint venture | -- | |
-- | |||
| Net income | $ 29,577 | |
$ 171,626 | |||
| Earnings per share | $ 0.16 | |
$ 0.93 | |||
| Average common shares and equivalents | 185,432 | |
184,001 | |||
|
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