CIRRUS LOGIC, INC. CONSOLIDATED CONDENSED STATEMENT OF OPERATIONS (unaudited) (in thousands, except per share data) Quarter Ended Sep. 27, 2003 Net sales $ Costs and expenses: Cost of sales Research and development Selling, general and administrative Restructuring and other costs Amortization of acquired intangibles Patent infringement settlements, net Total costs and expenses 50,130 Jun. 28, 2003 $ 40,724 Sep. 28, 2002 $ 73,314 24,132 20,427 12,203 395 3,778 (14,402) 46,533 20,989 20,646 12,517 7,640 3,778 65,570 37,227 25,955 19,939 3,102 4,661 90,884 3,597 (24,846) (17,570) Realized gain (loss) on marketable equity securities Interest income and (expense), net Other income (expense), net Income (loss) before income taxes and loss from discontinued operations Provision (benefit) for income taxes 10,080 247 8 13,932 (7,122) 623 (73) (24,296) 21 (947) 541 (354) (18,330) 29 Income (loss) from continuing operations 21,054 (24,317) (18,359) - - - Income (loss) from operations Loss from discontinued operations Net income (loss) $ 21,054 $ (24,317) $ (18,359) Basic income (loss) per share: From continuing operations Discontinued operations $ 0.25 0.25 $ (0.29) (0.29) $ (0.22) (0.22) 0.25 0.25 $ (0.29) (0.29) $ $ Diluted income (loss) per share: From continuing operations Discontinued operations $ $ Basic weighted average common shares outstanding Diluted weighted average common shares outstanding 83,946 85,556 $ $ 83,763 83,763 $ $ (0.22) (0.22) 83,413 83,413