Lam Research Corporation

LRCX ·Industrials, Specialty Industrial Machinery, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2010 FY2009
Revenue $2.13B $1.12B
Cost of Revenue $1.16B $727.2M
Gross Profit $969.9M $388.7M
Gross Margin 45.5% 34.8%
Operating Expenses
Research & Development $320.9M $288.3M
SG&A Expense $240.9M $233.1M
Operating Income $425.4M $-281.2M
Operating Margin 19.9% -25.2%
Interest Expense $994.0K $6.5M
Pretax Income $430.1M $-263.1M
Income Tax Expense $83.5M $39.1M
Net Income $346.7M $-302.1M
Net Margin 16.2% -27.1%
EPS (Basic) $0.27 $-0.24
EPS (Diluted) $0.27 $-0.24
Shares Outstanding (Basic) 1.27B 1.26B
Shares Outstanding (Diluted) 1.28B 1.26B
Dividends Per Share — —
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