CIRRUS LOGIC, INC. CONSOLIDATED CONDENSED STATEMENT OF OPERATIONS (unaudited) (in thousands, except per share data) Nine Months Ended Dec. 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 Litigation settlement Total costs and expenses 146,124 Dec. 28, 2002 $ 209,854 71,673 59,297 36,883 8,931 10,975 (14,402) (45,000) 128,357 103,979 75,804 58,319 7,395 13,803 259,300 Income (loss) from operations 17,767 (49,446) Realized gain (loss) on marketable equity securities Interest income (expense), net Other income (expense), net Income (loss) before income taxes and loss from discontinued operations Provision (benefit) for income taxes Income (loss) from continuing operations Loss from discontinued operations Net income (loss) 10,080 1,320 (7) 29,160 (7,026) 36,186 36,186 453 1,823 (2,166) (49,336) (4,377) (44,959) (1,452) (46,411) Basic income (loss) per share: From continuing operations Discontinued operations $ $ $ Diluted income (loss) per share: From continuing operations Discontinued operations $ $ Basic weighted average common shares outstanding Diluted weighted average common shares outstanding $ 0.43 0.43 $ 0.42 0.42 $ 83,908 85,258 $ $ (0.54) (0.02) (0.56) (0.54) (0.02) (0.56) 83,302 83,302