Xilinx 1998 Annual Report --- Consolidated Statements of Income

CONSOLIDATED STATEMENTS OF INCOME

			Years ended March 31,
(In thousands except per share amounts)			1998	1997	1996

Net revenues			$613,593	$568,143	$560,802
Costs and expenses:
	Cost of revenues		230,690	214,337	203,192
	Write-off of discontinued product family		--	5,000	--
	Research and development		80,456	71,075	64,600
	Marketing, general and administrative		128,579	118,670	107,888
	Non-recurring charges		--	--	19,366

		Total operating costs and expenses	439,725	409,082	395,046

Operating income			173,868	159,061	165,756
Interest income and other			20,652	21,258	10,791
Interest expense			(13,924)	(14,561)	(5,645)

Income before provision for taxes on income and equity in joint venture			180,596	165,758	170,902
Provision for taxes on income			56,728	55,382	69,448

Income before equity in joint venture			123,868	110,376	101,454
Equity in net income of joint venture			2,719	--	--

Net income			$126,587	$110,376	$101,454

Net income per share:
	Basic		$ 1.72	$ 1.52	$ 1.43

	Diluted		$ 1.58	$ 1.39	$ 1.28

Shares used in per share calculations:
	Basic		73,741	72,816	71,092

	Diluted		80,010	79,675	78,955


See accompanying notes.