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Oclaro Announces Second Quarter Fiscal Year 2013 Financial Results
Date:1/31/2013

g, general and administrative

23,09224,56614,425Amortization of intangible assets

2,4022,026723Restructuring, acquisition and related costs

(23,665)12,6363,219Flood-related expense

6412649,088(Gain) loss on sale of property and equipment

6(18)37Total operating expenses

28,22665,23944,516Operating loss

(6,727)(47,402)(33,641)Other income (expense):Interest income (expense), net

(649)(478)(245)Gain (loss) on foreign currency translation

(3,423)1961,298Other Income

--2,238Gain on bargain purchase

-39,460-Total other income (expense)

(4,072)39,1783,291Loss before income taxes

(10,799)(8,224)(30,350)Income tax provision

1,4241,183478Net loss

$
(12,223)$
(9,407)$
(30,828)Net loss per share: Basic

$
(0.14)$
(0.12)$
(0.61)Diluted

$
(0.14)$
(0.12)$
(0.61)Shares used in computing net loss per share: Basic

89,82780,21950,492Diluted

89,82780,21950,492Stock-based compensation included in the following:Cost of revenues 

$
524$
338$
388Research and development 

531376374Selling, general and administrative 

999886913Total

$
2,054$
,600$
,675 

  OCLARO, INC.RECONCILIATION OF GAAP FINANCIAL MEASURES TO NON-GAAP FINANCIAL MEASURES(unaudited, in thousands, except per share amounts)Three Months Ended December 29, 2012September 29, 2012December 31, 2011Reconciliation of GAAP net loss to non-GAAP net loss and adjusted EBITDA:GAAP net loss

$
(12,223)$
(9,407)$
(30,828)Stock-based compensation included in:Cost of revenues 

524338388Research and development 

531376374Selling, general and administrative 

999886913Amortization expense

2,4022,026723Restructuring, acquisition and related costs

(23,665)12,6363,219Flo
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SOURCE Oclaro, Inc.
Copyright©2012 PR Newswire.
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