Summarized Quarterly Data (unaudited) |
Note 14. Summarized Quarterly Data (Unaudited)
The following financial information reflects all normal recurring adjustments that are, in the opinion of management, necessary for a fair statement of the results of the interim periods.
The table below presents quarterly data for fiscal 2015 and 2014 (in millions, except per share data):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1st Quarter |
|
2nd Quarter |
|
3rd Quarter |
|
4th Quarter |
2015 (1) |
|
|
|
|
|
|
|
Revenues |
$ |
7,099 |
|
|
$ |
6,894 |
|
|
$ |
5,832 |
|
|
$ |
5,456 |
|
Operating income |
2,064 |
|
|
1,336 |
|
|
1,235 |
|
|
1,140 |
|
Income from continuing operations |
1,971 |
|
|
1,052 |
|
|
1,183 |
|
|
1,060 |
|
Net income |
1,971 |
|
|
1,052 |
|
|
1,183 |
|
|
1,060 |
|
Net income attributable to Qualcomm |
1,972 |
|
|
1,053 |
|
|
1,184 |
|
|
1,061 |
|
|
|
|
|
|
|
|
|
Basic earnings per share attributable to Qualcomm (2): |
$ |
1.19 |
|
|
$ |
0.64 |
|
|
$ |
0.74 |
|
|
$ |
0.68 |
|
Diluted earnings per share attributable to Qualcomm (2): |
1.17 |
|
|
0.63 |
|
|
0.73 |
|
|
0.67 |
|
|
|
|
|
|
|
|
|
2014 (1) |
|
|
|
|
|
|
|
Revenues |
$ |
6,622 |
|
|
$ |
6,367 |
|
|
$ |
6,806 |
|
|
$ |
6,692 |
|
Operating income |
1,493 |
|
|
1,990 |
|
|
2,075 |
|
|
1,992 |
|
Income from continuing operations |
1,444 |
|
|
1,958 |
|
|
2,237 |
|
|
1,893 |
|
Discontinued operations, net of tax |
430 |
|
|
— |
|
|
— |
|
|
— |
|
Net income |
1,874 |
|
|
1,958 |
|
|
2,237 |
|
|
1,893 |
|
Net income attributable to Qualcomm |
1,875 |
|
|
1,959 |
|
|
2,238 |
|
|
1,894 |
|
|
|
|
|
|
|
|
|
Basic earnings per share attributable to Qualcomm (2): |
|
|
|
|
|
|
|
Continuing operations |
$ |
0.86 |
|
|
$ |
1.16 |
|
|
$ |
1.33 |
|
|
$ |
1.13 |
|
Discontinued operations |
0.25 |
|
|
— |
|
|
— |
|
|
— |
|
Net income |
1.11 |
|
|
1.16 |
|
|
1.33 |
|
|
1.13 |
|
|
|
|
|
|
|
|
|
Diluted earnings per share attributable to Qualcomm (2): |
|
|
|
|
|
|
|
Continuing operations |
$ |
0.84 |
|
|
$ |
1.14 |
|
|
$ |
1.31 |
|
|
$ |
1.11 |
|
Discontinued operations |
0.25 |
|
|
— |
|
|
— |
|
|
— |
|
Net income |
1.09 |
|
|
1.14 |
|
|
1.31 |
|
|
1.11 |
|
|
|
(1) |
Amounts, other than per share amounts, are rounded to millions each quarter. Therefore, the sum of the quarterly amounts may not equal the annual amounts reported. |
|
|
(2) |
Earnings per share attributable to Qualcomm are computed independently for each quarter and the full year based upon respective average shares outstanding. Therefore, the sum of the quarterly earnings per share amounts may not equal the annual amounts reported. |
|