MaxLinear, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2012

Selected Quarterly Financial Data (Unaudited)

10. Selected Quarterly Financial Data (Unaudited)

The following table presents the Company’s unaudited quarterly financial data for each of the eight quarters in the period ended December 31, 2012. In management’s opinion, this information has been presented on the same basis as the audited consolidated financial statements included in a separate section of this report, and all necessary adjustments, consisting only of normal recurring adjustments, have been included in the amounts below to present fairly the unaudited quarterly results when read in conjunction with the audited consolidated financial statements and related notes. The operating results for any quarter should not be relied upon as necessarily indicative of results for any future period.


	Year Ended December 31, 2012
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(in thousands)
Net revenue	$	20,683		$	24,420		$	27,795		$	24,830
Gross profit		12,416			15,122			17,467			15,704
Net income (loss)		(6,562	)		(2,559	)		450	⁽¹⁾		(4,581	)
Net income (loss) per share:
Basic	$	(0.20	)	$	(0.08	)	$	0.01		$	(0.14	)
Diluted	$	(0.20	)	$	(0.08	)	$	0.01		$	(0.14	)

	Year Ended December 31, 2011
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(in thousands)
Net revenue	$	16,908		$	18,094		$	17,639		$	19,296
Gross profit		10,831			11,435			11,332			11,723
Net loss		(1,148	)		(4,796	)		(11,388	)		(4,692	)
Net loss per share:
Basic	$	(0.04	)	$	(0.15	)	$	(0.35	)	$	(0.14	)
Diluted	$	(0.04	)	$	(0.15	)	$	(0.35	)	$	(0.14	)

(1)	Includes the reduction of the Company’s previously recorded estimate of OFAC penalties and fines by $0.6 million.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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