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0001274494
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0001274494
2008-12-28
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iso4217:USD
xbrli:shares
xbrli:shares
iso4217:USD
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<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 1. Basis of Presentation</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The accompanying unaudited condensed consolidated financial statements of First Solar, Inc.
and its subsidiaries have been prepared in accordance with accounting principles generally accepted
in the United States of America (“U.S. GAAP”) for interim financial information and pursuant to the
instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange
Commission. Accordingly, these interim financial statements do not include all of the information
and footnotes required by U.S. GAAP for annual financial statements. In the opinion of management,
all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair
statement have been included. Operating results for the six months ended June 27, 2009 are not
necessarily indicative of the results that may be expected for the year ending December 26, 2009,
or for any other period. The balance sheet at December 27, 2008 has been derived from the audited
consolidated financial statements at that date, but does not include all of the information and
footnotes required by U.S. GAAP for complete financial statements. These financial statements and
accompanying notes should be read in conjunction with the financial statements and notes thereto
for the year ended December 27, 2008, included in our Annual Report on Form 10-K filed with the
Securities and Exchange Commission.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We report our results of operations using a 52 or 53 week fiscal year, which ends on the
Saturday on or before December 31. Our fiscal quarters end on the Saturday closest to the end of
the applicable calendar quarter. Fiscal 2009 will end on December 26, 2009 and will consist of 52
weeks.
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<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 2. Summary of Significant Accounting Policies</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     These condensed consolidated financial statements and accompanying notes should be read in
conjunction with our annual consolidated financial statements and notes thereto for the year ended
December 27, 2008, included in our Annual Report on Form 10-K filed with the Securities and
Exchange Commission. Our significant accounting policies reflect the adoption of Statement of
Financial Accounting Standards No. (SFAS) 141 (revised 2007), <i>Business Combinations, </i>in the second
quarter of fiscal 2009.
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<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 3. Recent Accounting Pronouncements</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In December 2007, the Financial Accounting Standards Board (FASB) issued Statement of
Financial Accounting Standard (SFAS) 141R, <i>Business Combinations, </i>which replaces SFAS 141, <i>Business
Combinations</i>. SFAS 141R requires most assets acquired and liabilities assumed in a business
combination, contingent consideration and certain acquired contingencies to be measured at their
fair value as of the date of the acquisition. SFAS 141R also requires acquisition-related costs and
restructuring costs to be recognized separately from the business combination. SFAS 141R became
effective for us for the year ending December 26, 2009 and therefore applies to any business
combinations that we might enter into after December 27, 2008. The adoption of SFAS 141R did not
have a material impact on our financial position, results of operations or cash flows, and we
applied SFAS 141R to our recently completed acquisition of the solar power project development
business of OptiSolar Inc. on April 3, 2009, as further described in Note 4 to our condensed
consolidated financial statements.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In April 2009, the FASB issued FASB Staff Position (FSP) No. FAS 141R-1, <i>Accounting for Assets
Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies. </i>FSP FAS
141R-1 amends the guidance in SFAS 141R about the accounting for assets acquired and liabilities
assumed in a business combination that arise from contingencies that would be within the scope of
SFAS 5 if not acquired or assumed in a business combination. FSP FAS 141R-1 is effective for us at
the beginning of our year ending December 26, 2009 and therefore applies to any business
combination that we might enter into after December 27, 2008. The adoption of FSP FAS 141R-1 did
not have a material impact on our financial position, results of operations or cash flows, and we
applied FSP FAS 141R-1 to our recently completed acquisition of the solar power project development
business of OptiSolar Inc. on April 3, 2009 as further described in Note 19 to our condensed
consolidated financial statements.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In April 2009, the FASB issued FSP FAS 107-1 and APB 28-1, <i>Interim Disclosures about Fair
Value of Financial Instruments. </i>FSP FAS 107-1 and APB 28-1 amend SFAS 107, <i>Disclosures about Fair
Value of Financial Instruments, </i>to require disclosures about fair value of financial instruments
for interim reporting periods, as well as in annual financial statements. This FSP also amends
Accounting Principles Board Option (ABP) No. 28, <i>Interim Financial Reporting</i>, to require those
disclosures in summarized financial information at interim reporting periods. We adopted FSP FAS
107-1 and APB 28-1 in our fiscal quarter ended June 27, 2009. The
adoption of FSP FAS 107-1 and APB 28-1 did not have a material impact on our financial position,
results of operations or cash flows.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In April 2009, the FASB issued FSP FAS 115-2 and FAS 124-2, <i>Recognition and Presentation of
Other-Than Temporary Impairments</i>. FSP FAS 115-2 and FAS 124-2 amend the other-than-temporary
impairment guidance for debt securities to make the guidance more operational and to improve the
presentation and disclosure of other-than-temporary impairments on debt and equity securities in
the financial statements. We adopted FSP FAS 115-2 and FAS 124-2 in our fiscal quarter ended June
27, 2009. The adoption of FSP FAS 115-2 and FAS 124-2 did not have a material impact on our
financial position, results of operations or cash flows.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In April 2009, the FASB issued FSP FAS 157-4, <i>Determining Fair Value When the Volume and Level
of Activity for the Asset or Liability Have Significantly Decreased and Identifying Transactions
That Are not Orderly</i>. FSP FAS 157-4 provides additional guidance for estimating fair value in
accordance with SFAS 157, <i>Fair Value Measurements</i>, when the volume and level of activity for the
asset or liability being measured have significantly decreased. This FSP also includes guidance
about identifying circumstances that indicate a transaction is not orderly. We adopted FSP FAS
157-4 in our fiscal quarter ended June 27, 2009. The adoption of FSP FAS 157-4 did not have a
material impact on our financial position, results of operations or cash flows.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In May 2009, the FASB issued SFAS 165, <i>Subsequent Events</i>. This standard establishes general
standards of accounting for and disclosure of events that occur after the balance sheet date, but
before financial statements are issued or available to be issued. Specifically, this standard
codifies in authoritative GAAP standards the subsequent event guidance that was previously located
in auditing standards. SFAS 165 is effective for fiscal years and interim periods ended after June
15, 2009 and is applied prospectively. We adopted SFAS 165 in our fiscal quarter ended June 27,
2009. The adoption of SFAS 165 did not have a material impact on our financial position, results of
operation or cash flows.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In June 2009, the FASB issued SFAS 166, <i>Accounting for Transfers of Financial Assets- an
amendment of SFAS 140</i>. This standard eliminates the concept of a “qualifying special-purpose
entity,” changes the requirements for derecognizing financial assets, and requires additional
disclosures in order to enhance information to users of financial statements by providing greater
transparency about transfers of financial assets, including securitization transactions, and an
entity’s continuing involvement in and exposure to the risks related to transferred financial
assets. SFAS 166 is effective for fiscal years ended after November 15, 2009. We do not expect that
the adoption of SFAS 166 will have a material impact on our financial position, results of
operations or cash flows.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In June 2009, the FASB issued SFAS 167, <i>Amendments to FASB Interpretation No. 46(R)</i>. This
standard changes the consolidation analysis for variable interest entities. SFAS 167 is effective
for fiscal years ending after November 15, 2009. We are currently assessing the impact, if any,
that the adoption of SFAS 167 will have on our financial position, results of operations or cash
flows.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In June 2009, the FASB issued SFAS 168, <i>The FASB Accounting Standards Codification and the
Hierarchy of Generally Accepted Accounting Principles </i>- <i>a replacement of SFAS 162</i>. This standard
designates the FASB Accounting Standards Codification (FASC) as the source of authoritative U.S.
GAAP. SFAS 168 is effective for interim or fiscal periods ending after September 15, 2009. We will
begin to use the new guidelines and numbering system prescribed by the FASC when referring to GAAP
in our fiscal quarter ending September 26, 2009.
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<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 4. Acquisition</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On April 3, 2009, we completed the acquisition of the solar power project development business
(the “Project Business”) of OptiSolar Inc., a Delaware corporation (“OptiSolar”). Pursuant to an
Agreement and Plan of Merger (the “Merger Agreement”) dated as of March 2, 2009, by and among First
Solar, First Solar Acquisition Corp., a Delaware corporation (“Merger Sub”), OptiSolar and
OptiSolar Holdings LLC, a Delaware limited liability company (“OptiSolar Holdings”), Merger Sub
merged with and into OptiSolar, with OptiSolar surviving as a wholly-owned subsidiary of First
Solar (the “Merger”). Pursuant to the Merger, all the outstanding shares of common stock of
OptiSolar held by OptiSolar Holdings were exchanged for 2,972,420 shares of First Solar common
stock, par value $0.001 per share (the “Merger Shares”), of which 732,789 shares have been issued
and deposited with an escrow agent to support certain indemnification obligations of OptiSolar
Holdings, and 355,096 shares were holdback shares as further described below under “Contingent
Consideration” (the “Holdback Shares”). As of June 27, 2009, 2,619,733 Merger Shares have been
issued. The period during which claims for indemnification from the escrow fund may be initiated
commenced on April 3, 2009, and will end on April 3, 2011.
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<b>
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<div align="left" style="font-size: 10pt; margin-top: 6pt">     <i>Purchase Price Consideration</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The total consideration for this acquisition based on the closing price of our common stock on
April 3, 2009 of $134.38 per share was $399.4 million.
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt; margin-left: 2%"><i>Contingent Consideration</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Pursuant to the Merger Agreement, of the 2,972,420 Merger Shares, as of April 3, 2009, 355,096
shares were Holdback Shares that were issuable to OptiSolar Holdings upon satisfaction of
conditions relating to certain then-existing liabilities of OptiSolar. The estimated fair value of
this contingent consideration was $47.4 million and $47.7 million on June 27, 2009 and April 3,
2009, respectively, and has been classified separately within stockholders equity. As of June 27,
2009, 2,409 Holdback Shares had been issued to OptiSolar Holdings. Subsequent to June 27, 2009, an
additional 331,523 Holdback Shares were issued to OptiSolar Holdings.
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt; margin-left: 2%"><i>Preliminary Purchase Price Allocation</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We accounted for this acquisition using the acquisition method in accordance with SFAS 141R.
Accordingly, we preliminarily allocated the purchase price to the acquired assets and liabilities
based on their estimated fair values at the acquisition date as summarized in the following table
(in thousands):
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The allocation of the purchase price on April 3, 2009 was as follows (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="88%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Tangible assets acquired
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">10,175</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Project assets
</div></td>
<td> </td>
<td> </td>
<td align="right">103,888</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Deferred tax assets
</div></td>
<td> </td>
<td> </td>
<td align="right">32,643</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Deferred tax liability
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(8,405</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Goodwill
</div></td>
<td> </td>
<td> </td>
<td align="right">261,133</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total purchase consideration
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">399,434</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
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</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The fair value of net tangible assets acquired on April 3, 2009 consisted of the following (in
thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="88%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<!-- End Table Head -->
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<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Cash
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">318</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Prepaid expenses and other current assets
</div></td>
<td> </td>
<td> </td>
<td align="right">5,003</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Property, plant and equipment
</div></td>
<td> </td>
<td> </td>
<td align="right">165</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Project assets — Land
</div></td>
<td> </td>
<td> </td>
<td align="right">6,100</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total identifiable assets acquired
</div></td>
<td> </td>
<td> </td>
<td align="right">11,586</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Accounts payable and other liabilities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,411</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total liabilities assumed
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,411</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Net identifiable assets acquired
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">10,175</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Our purchase price allocation was substantially complete as of June 27, 2009. However, we may
be subject to goodwill adjustments as additional information relating to deferred tax assets and
liabilities becomes available.
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt; margin-left: 2%"><i>Goodwill</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We recorded the excess of the acquisition date fair value of consideration transferred over
the estimated fair value of the net tangible assets and intangible assets acquired as goodwill. We
have preliminarily allocated $259.7 million and $1.4 million of this goodwill to our components
reporting segment and solar systems segment (reported under “Other” in our disclosure of segment
operating results), respectively. This goodwill is not deductible for tax purposes.
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt; margin-left: 2%"><i>Acquired project assets</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Management engaged a third-party valuation firm to assist in the determination of the fair
value of the acquired project development business. In our determination of the fair value of the
project assets acquired, we considered among other factors, three generally accepted valuation
approaches; the income approach, market approach and cost approach. We selected the approaches that
are most indicative of fair value of the assets acquired. We used the income approach to calculate
the fair value of the acquired projects assets based on estimates and assumptions of future
performance of these projects assets provided by Optisolar’s and our management. We used the market
approach to determine the fair value of the land acquired with those assets.
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt; margin-left: 2%"><i>Acquisition Related Costs</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Acquisition-related costs recognized in the three and six months ended June 27, 2009 include
transaction costs and integration costs, which we have classified in selling, general and
administrative expense in our statement of operations. During the three and six months ended June
27, 2009, transaction costs such as legal, accounting, valuation and other professional services
were $0.2 million and $1.6 million, respectively. Integration related costs during the three and
six months ended June 27, 2009 were $0.5 million and $0.6 million, respectively.
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt; margin-left: 2%"><i>Pro Forma Information</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The acquired OptiSolar business has been engaged in the development and construction of solar
power projects. The costs related to these activities are largely capitalized, and not charged
against earnings until the project is sold; as of June 27, 2009, OptiSolar had not yet reached the
point of sale for any of the projects is has been developing. Therefore, if the OptiSolar
acquisition had been completed on December 28, 2008 (the beginning of our fiscal year 2009) our
total revenue, net income, and basic and diluted earnings per common share would have not
materially changed from the amounts that we have previously reported.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     For the same reasons, the effect of OptiSolar on our condensed consolidated statement of
operations from the acquisition date through June 27, 2009 was immaterial.
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<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 5. Goodwill and Intangible Assets</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%"><b><i>Goodwill</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On November 30, 2007, we acquired 100% of the outstanding membership interests of Turner
Renewable Energy, LLC. Under the purchase method of accounting, we allocated $33.4 million to
goodwill through December 29, 2007, which represents the excess of the purchase price over the fair
value of the identifiable net tangible and intangible assets of Turner Renewable Energy, LLC. All
of this goodwill was allocated to our systems segment. At June 27, 2009 and December 27, 2008, the
carrying amount of goodwill was $33.8 million.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On April 3, 2009, we acquired the solar power project development business of OptiSolar. Under
the acquisition method of accounting, we allocated $261.1 million to goodwill, which primarily
represents the synergies and economies of scale expected from acquiring this project pipeline and
using our solar modules in the acquired projects. We have allocated $259.7 million and $1.4 million
of this goodwill to our components reporting segment and systems segment (reported under “Other” in
our disclosure of segment operating results), respectively. At June 27, 2009, the carrying amount
of this goodwill was $261.1 million. See Notes 4 and 20 to our condensed consolidated financial
statements for additional information about this acquisition.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The changes in the carrying amount of goodwill for the six months ended June 27, 2009 were as
follows (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="64%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Components</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Other</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Consolidated</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Beginning balance, December 27, 2008
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">33,829</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">33,829</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Goodwill from 2009 acquisitions
</div></td>
<td> </td>
<td> </td>
<td align="right">259,722</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,411</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">261,133</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Ending Balance, June 27, 2009
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">259,722</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">35,240</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">294,962</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     SFAS 142, <i>Goodwill and Other Intangible Assets, </i>requires us to test goodwill for impairment at
least annually, or sooner, if facts or circumstances between scheduled annual tests indicate that
it is more likely than not that the fair value of a reporting unit that has goodwill might be less
than its carrying value. We performed our goodwill impairment tests in the fourth fiscal quarter of
the year ended December 27, 2008. Based on that test, we concluded that our goodwill was not
impaired. We have also concluded that there have been no changes in facts and circumstances since
the date of that test that would trigger an interim goodwill impairment test.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Acquisition Related Intangible Assets</i></b>
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<!-- Keep Ignore Comment, per XBRLMARK -->
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In connection with the acquisition of Turner Renewable Energy, LLC, we identified intangible
assets that represent customer contracts already in progress and future customer contracts not yet
started at the time of acquisition. We amortize the acquisition date fair values of these assets
using the percentage of completion method.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Information regarding our acquisition-related intangible assets that are being amortized was
as follows (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="11"><b>As of June 27, 2009</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="11" style="border-bottom: 0px solid #000000"><b> </b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="11" style="border-bottom: 1px solid #000000"><b>(Unaudited)</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="11" style="border-bottom: 1px solid #000000"><b>As of December 27, 2008</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Gross</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Net</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Gross</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Net</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Carrying</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Accumulated</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Carrying</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Carrying</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Accumulated</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Carrying</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Amount</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Amortization</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Amount</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Amortization</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="11" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td colspan="11" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Customer contracts in progress at the acquisition date
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">62</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">62</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">62</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">58</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">4</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Customer contracts executed after the acquisition date
</div></td>
<td> </td>
<td> </td>
<td align="right">394</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">379</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">394</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">242</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">152</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="11" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td colspan="11" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">456</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">441</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">15</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">456</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">300</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">156</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="11" align="left" style="border-top: 3px double #000000"> </td>
<td> </td>
<td colspan="11" align="left" style="border-top: 3px double #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Amortization expense for acquisition-related intangible assets was $0.1 million for both the
three and six months ended June 27, 2009 and June 28, 2008, respectively. We expect to amortize the
remaining balance of our acquisition related intangible assets during the year ending December 26,
2009.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Project Assets</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In connection with the acquisition of the solar power project development business of
OptiSolar, we measured at fair value certain project assets based on the varying development stages
of each project asset on the acquisition date. At June 27, 2009, the carrying value of these
project assets was $103.9 million. We will expense these projects assets as the solar power
projects are sold or constructed.
</div>
</div>
</body>
</html>
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<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 6 - fslr:CashAndInvestmentsTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 6. Cash and Investments</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Cash, cash equivalents and marketable securities consisted of the following at June 27, 2009
and December 27, 2008 (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>December 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Cash and cash equivalents:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Cash
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">303,470</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">603,434</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Cash equivalents:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Federal agency debt
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">38,832</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Money market mutual fund
</div></td>
<td> </td>
<td> </td>
<td align="right">125,690</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">73,952</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total cash and cash equivalents
</div></td>
<td> </td>
<td> </td>
<td align="right">429,160</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">716,218</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Marketable securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Federal agency debt
</div></td>
<td> </td>
<td> </td>
<td align="right">132,706</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">68,086</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign agency debt
</div></td>
<td> </td>
<td> </td>
<td align="right">63,885</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,977</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Supranational debt
</div></td>
<td> </td>
<td> </td>
<td align="right">62,227</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">40,135</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">30,538</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total marketable securities
</div></td>
<td> </td>
<td> </td>
<td align="right">298,953</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">105,601</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:60px; text-indent:-15px">Total cash, cash equivalents and marketable securities
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">728,113</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">821,819</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We have classified our marketable securities as “available-for-sale.” Accordingly, we record
them at fair value and account for net unrealized gains and losses as part of other comprehensive
income until realized. We report realized gains and losses on the sale of our marketable securities
in earnings, computed using the specific identification method. During the three and six months
ended June 27, 2009, we realized an immaterial amount in gains and did not realize any losses on
our marketable securities. During the three months ended June 28, 2008, we did not realize any
gains or losses on our marketable securities. During the six months ended June 28, 2008, we
realized $0.4 million in gains and $0.1 million in losses on our marketable securities. See Note 10
to our condensed consolidated financial statements for information about the fair value measurement
of our marketable securities.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     All of our available-for-sale marketable securities are subject to a periodic impairment
review. We consider a marketable debt security to be impaired when its fair value is less than its
carrying cost. When evaluating our investments for other-than-temporary
impairment, we review factors such as the length of time and extent to which fair value has
been below cost basis, the financial condition of the issuer and any changes thereto, and our
intent to sell, or whether it is more likely than not we will be required to sell the investment
before we have recovered its cost basis. Investments identified as being impaired are subject to
further review to determine if the investment is other-than-temporarily impaired; in which case, we
write down the investment through earnings to its impaired value and establish a new cost basis for
the investment. We did not identify any of our marketable securities as other-than-temporarily
impaired at June 27, 2009.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The following table summarizes unrealized gains and losses related to our investments in
marketable securities designated as available-for-sale by major security type (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="14"><b>As of June 27, 2009</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="14" style="border-bottom: 1px solid #000000"><b>(Unaudited)</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Gross</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Gross</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Estimated</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Amortized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unrealized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unrealized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Fair</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000"><b>Security Type</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Cost</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Gains</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Losses</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Value</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Federal agency debt
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">132,445</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">262</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">132,706</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Foreign agency debt
</div></td>
<td> </td>
<td> </td>
<td align="right">63,683</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">202</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">63,885</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Supranational debt
</div></td>
<td> </td>
<td> </td>
<td align="right">62,138</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">97</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">62,227</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">39,849</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">316</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">30</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">40,135</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">298,115</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">877</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">39</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">298,953</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="14" style="border-bottom: 1px solid #000000"><b>As of December 27, 2008</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Gross</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Gross</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Estimated</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Amortized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unrealized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unrealized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Fair</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000"><b>Security Type</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Cost</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Gains</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Losses</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Value</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Federal agency debt
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">67,813</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">273</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">68,086</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Foreign agency debt
</div></td>
<td> </td>
<td> </td>
<td align="right">6,990</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,977</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">30,425</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">129</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">30,538</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">105,228</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">402</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">29</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">105,601</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Contractual maturities of our available-for-sale marketable securities as of June 27, 2009 and
December 27, 2008 were as follows (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="14"><b>As of June 27, 2009</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="14" style="border-bottom: 1px solid #000000"><b>(Unaudited)</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Gross</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Gross</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Estimated</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Amortized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unrealized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unrealized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Fair</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000"><b>Maturity</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Cost</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Gains</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Losses</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Value</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">One year or less
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">160,315</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">399</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">160,714</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">One year to two years
</div></td>
<td> </td>
<td> </td>
<td align="right">137,800</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">478</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">39</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">138,239</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">298,115</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">877</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">39</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">298,953</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="14" style="border-bottom: 1px solid #000000"><b>As of December 27, 2008</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Gross</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Gross</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Estimated</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Amortized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unrealized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unrealized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Fair</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000"><b>Maturity</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Cost</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Gains</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Losses</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Value</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">One year or less
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">75,856</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">199</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">13</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">76,042</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">One year to two years
</div></td>
<td> </td>
<td> </td>
<td align="right">29,372</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">203</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">29,559</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">105,228</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">402</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">29</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">105,601</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The net unrealized gain of $0.8 million and $0.4 million as of June 27, 2009 and December 27,
2008, respectively, on our available for-sale marketable securities was primarily the result of
changes in interest rates. We typically invest in highly-rated securities with low probabilities of
default. Our investment policy requires investments to be rated single A or better and limits the
security types, issuer concentration and duration of the investments.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The following table shows gross unrealized losses and estimated fair values for those
investments that were in an unrealized loss position as of June 27, 2009 and December 27, 2008;
aggregated by investment category and the length of time that individual securities have been in a
continuous loss position (in thousands):
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="23" style="border-bottom: 1px solid #000000"><b>As of June 27, 2009</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7"><b>In Loss Position for</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7"><b>In Loss Position for</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>Less Than 12 Months</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>12 Months or Greater</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>Total</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Estimated</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Gross</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Estimated</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Gross</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Estimated</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Gross</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Fair</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Unrealized</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Fair</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Unrealized</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Fair</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Unrealized</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000"><b>Security Type</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Losses</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Losses</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Losses</b></td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="23" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Federal agency debt
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">4,124</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">1</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">4,124</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">1</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Foreign agency debt
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Supranational debt
</div></td>
<td> </td>
<td> </td>
<td align="right">8,715</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,715</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">1,997</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">30</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,997</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">30</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="23" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">14,836</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">39</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">14,836</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">39</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="23" align="left" style="border-top: 3px double #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="23" style="border-bottom: 1px solid #000000"><b>As of December 28, 2008</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7"><b>In Loss Position for</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7"><b>In Loss Position for</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>Less Than 12 Months</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>12 Months or Greater</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>Total</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Estimated</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Gross</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Estimated</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Gross</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Estimated</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Gross</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Fair</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Unrealized</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Fair</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Unrealized</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Fair</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Unrealized</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000"><b>Security Type</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Losses</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Losses</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Losses</b></td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="23" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Federal agency debt
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">6,977</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">13</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">6,977</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">13</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">9,088</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,088</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="23" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">16,065</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">29</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">16,065</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">29</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="23" align="left" style="border-top: 3px double #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
</body>
</html>
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<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 7 - fslr:RestrictedCashAndInvestmentTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 7. Restricted Cash and Investments</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Restricted cash and investments consisted of the following at June 27, 2009 and December 27,
2008 (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>December 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Restricted cash
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">48,974</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">4,218</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Restricted investments
</div></td>
<td> </td>
<td> </td>
<td align="right">33,691</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Deposit with financial services company
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">25,841</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total restricted cash and investments
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">82,665</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">30,059</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Restricted cash and investments — current
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">48,970</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Restricted cash and investments — noncurrent
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">33,695</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">30,059</td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     At June 27, 2009, our restricted cash consisted of a debt service reserve account for our
credit facility with a consortium of banks led by IKB Deutsche Industriebank AG and cash held by a
financial institution as collateral for a letter of credit. Our restricted investments consisted of
long-term marketable securities that we hold to fund future costs of our solar module collection
and recycling program.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The following table summarizes unrealized gains and losses related to our restricted
investments in marketable securities designated as available-for-sale by major security type (in
thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="14"><b>As of June 27, 2009</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="14" style="border-bottom: 1px solid #000000"><b>(Unaudited)</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Gross</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Gross</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Estimated</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Amortized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unrealized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unrealized</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Fair</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000"><b>Security Type</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Cost</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Gains</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Losses</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Value</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">U.S. government obligations
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">784</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">13</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">797</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Foreign government obligations
</div></td>
<td> </td>
<td> </td>
<td align="right">32,894</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">32,894</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">33,678</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">13</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">33,691</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     As of June 27, 2009, the contractual maturities of these available-for-sale marketable
securities were between 19 and 27 years.
</div>
</div>
</body>
</html>
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<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 8 - us-gaap:ScheduleOfCondensedFinancialStatementsTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 8. Consolidated Balance Sheet Details</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Accounts receivable, net</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Accounts receivable, net consisted of the following at June 27, 2009 and December 27, 2008 (in
thousands):
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>December 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Accounts receivable, gross
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">358,256</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">61,703</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Allowance for doubtful accounts
</div></td>
<td> </td>
<td> </td>
<td align="right">6,990</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Accounts receivable, net
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">351,266</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">61,703</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The increase in accounts receivable was mainly due to the amendment of certain of our
customers’ long-term supply contracts to extend their payment terms from net 10 days to net 45 days
in the first quarter of 2009 and due to higher volumes shipped during the three months ended June
27, 2009. We provided an allowance in the amount of $7.0 million due to recent developments
concerning the collectability of the outstanding accounts receivable from a specific customer.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Inventories</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Inventories consisted of the following at June 27, 2009 and December 27, 2008 (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>December 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Raw materials
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">105,937</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">103,725</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Work in process
</div></td>
<td> </td>
<td> </td>
<td align="right">7,118</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,038</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Finished goods
</div></td>
<td> </td>
<td> </td>
<td align="right">55,719</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13,791</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total inventories
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">168,774</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">121,554</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Inventory — current
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">162,501</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">121,554</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Inventory — noncurrent (1)
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">6,273</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left">
<div style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000"> 
</div>
</div>
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Inventory — noncurrent is raw materials.</td>
</tr>
</table>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Prepaid expenses and other current assets</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Prepaid expenses and other current assets consisted of the following at June 27, 2009 and
December 27, 2008 (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>December 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Prepaid expenses
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">5,581</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">6,699</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Prepaid supplies
</div></td>
<td> </td>
<td> </td>
<td align="right">11,987</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,556</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Capitalized equipment spares
</div></td>
<td> </td>
<td> </td>
<td align="right">14,312</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,900</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Prepaid taxes — current
</div></td>
<td> </td>
<td> </td>
<td align="right">453</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Derivative instruments — current
</div></td>
<td> </td>
<td> </td>
<td align="right">1,705</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">34,931</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other receivable from financial institution (1)(2)
</div></td>
<td> </td>
<td> </td>
<td align="right">8,989</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,764</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Note receivable — current (see Note 12)
</div></td>
<td> </td>
<td> </td>
<td align="right">12,662</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Costs and estimated earnings in excess of billings
</div></td>
<td> </td>
<td> </td>
<td align="right">18</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">114</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Deferred project costs
</div></td>
<td> </td>
<td> </td>
<td align="right">1,377</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">710</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other taxes receivable
</div></td>
<td> </td>
<td> </td>
<td align="right">4,851</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,763</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued interest income
</div></td>
<td> </td>
<td> </td>
<td align="right">2,257</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,511</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other current assets
</div></td>
<td> </td>
<td> </td>
<td align="right">12,804</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,342</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total prepaid expenses and other current assets
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">76,996</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">91,294</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left">
<div style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000"> 
</div>
</div>
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Settled subsequent to June 27, 2009.</td>
</tr>
<tr style="font-size: 3pt">
<td> </td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Settled subsequent to December 27, 2008.</td>
</tr>
</table>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Property, plant and equipment, net</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Property, plant and equipment consisted of the following at June 27, 2009 and December 27,
2008 (in thousands):
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>December 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Buildings and improvements
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">201,513</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">137,116</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Machinery and equipment
</div></td>
<td> </td>
<td> </td>
<td align="right">693,711</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">559,566</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Office equipment and furniture
</div></td>
<td> </td>
<td> </td>
<td align="right">29,385</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">22,842</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Leasehold improvements
</div></td>
<td> </td>
<td> </td>
<td align="right">14,616</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,498</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Depreciable property, plant and equipment, gross
</div></td>
<td> </td>
<td> </td>
<td align="right">939,225</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">731,022</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Accumulated depreciation
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(154,958</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(100,939</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Depreciable property, plant and equipment, net
</div></td>
<td> </td>
<td> </td>
<td align="right">784,267</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">630,083</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Land
</div></td>
<td> </td>
<td> </td>
<td align="right">5,888</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,759</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Construction in progress
</div></td>
<td> </td>
<td> </td>
<td align="right">121,714</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">206,780</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Property, plant and equipment, net
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">911,869</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">842,622</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Depreciation of property, plant and equipment was $28.5 million and $13.4 million for the
three months ended June 27, 2009 and June 28, 2008, respectively, and was $54.3 million and $23.5
million for the six months ended June 27, 2009 and June 28, 2008, respectively.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We incurred interest cost and capitalized a portion of it (into our property, plant and
equipment) as follows during the three and six months ended June 27, 2009 and June 28, 2008 (in
thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Three Months Ended</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Six Months Ended</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Interest cost incurred
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">4,693</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1,303</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">7,107</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">2,812</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Interest cost capitalized
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(866</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,303</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,345</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,808</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Interest expense, net
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">3,827</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">4,762</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">4</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Project Assets — Noncurrent</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Project assets — noncurrent consisted of the following at June 27, 2009 and December 27, 2008
(in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>December 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Project assets acquired
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">103,888</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Project assets — land
</div></td>
<td> </td>
<td> </td>
<td align="right">7,102</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Project assets — other
</div></td>
<td> </td>
<td> </td>
<td align="right">2,690</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total project assets — noncurrent
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">113,680</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Accrued expenses</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Accrued expenses consisted of the following at June 27, 2009 and December 27, 2008 (in
thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>December 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Product warranty liability — current portion
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">6,517</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">4,040</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued compensation and benefits
</div></td>
<td> </td>
<td> </td>
<td align="right">24,903</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">32,145</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued property, plant and equipment
</div></td>
<td> </td>
<td> </td>
<td align="right">25,550</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">44,115</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued inventory
</div></td>
<td> </td>
<td> </td>
<td align="right">19,729</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">31,438</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued utilities and plant services
</div></td>
<td> </td>
<td> </td>
<td align="right">6,662</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,100</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued subcontractor services and materials
</div></td>
<td> </td>
<td> </td>
<td align="right">759</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,934</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued freight and warehouse charges
</div></td>
<td> </td>
<td> </td>
<td align="right">3,919</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,549</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued interest
</div></td>
<td> </td>
<td> </td>
<td align="right">1,793</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,008</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued taxes — other
</div></td>
<td> </td>
<td> </td>
<td align="right">1,802</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,182</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other accrued expenses
</div></td>
<td> </td>
<td> </td>
<td align="right">14,701</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,388</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total accrued expenses
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">106,335</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">140,899</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Other current liabilities</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Other current liabilities consisted of the following at June 27, 2009 and December 27, 2008
(in thousands):
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>December 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Derivative instruments — current
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">42,492</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">50,733</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Deferred revenue (1)
</div></td>
<td> </td>
<td> </td>
<td align="right">4,158</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Billings in excess of costs and estimated earnings
</div></td>
<td> </td>
<td> </td>
<td align="right">793</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,159</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other tax payable
</div></td>
<td> </td>
<td> </td>
<td align="right">4,509</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,614</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Other payable to financial institution (2)
</div></td>
<td> </td>
<td> </td>
<td align="right">7,106</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other current liabilities
</div></td>
<td> </td>
<td> </td>
<td align="right">11,129</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">232</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total other current liabilities
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">70,187</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">59,738</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left">
<div style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000"> 
</div>
</div>
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Deferred revenue will be recognized once all revenue recognition criteria have been
met.</td>
</tr>
<tr style="font-size: 3pt">
<td> </td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Settled subsequent to June 27, 2009.</td>
</tr>
</table>
</div>
</body>
</html>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 9 - us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 9. Derivative Financial Instruments</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     As a global company, we are exposed in the normal course of business to interest rate and
foreign currency risks that could affect our net assets, financial position, results of operations
and cash flows. We use derivative instruments to hedge against certain risks, such as these, and we
only hold derivative instruments for hedging purposes, not for speculative or trading purposes. Our
use of derivative instruments is subject to strict internal controls based on centrally defined,
performed and controlled policies and procedures.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Depending on the terms of the specific derivative instruments and market conditions, some of
our derivative instruments may be assets and others liabilities at any particular point in time. As
required by SFAS 133, <i>Accounting for Derivative Instruments and Hedging Activities</i>, we present all
of our derivative instruments at fair value on our balance sheet. Depending on the substance of the
hedging purpose for our derivative instruments, we account for changes in the fair value of some of
them using cash-flow-hedge accounting pursuant to SFAS 133 and of others by recording the changes
in fair value directly to current earnings (so-called “economic hedges”). These accounting
approaches and the various classes of risk that we are exposed to in our business and the risk
management systems using derivative instruments that we apply to these risks are described below.
See Note 10 to our condensed consolidated financial statements for information about the techniques
we use to measure the fair value of our derivative instruments.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The following table presents the fair values of derivative instruments included in our
condensed consolidated balance sheet as of June 27, 2009 (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="36%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="1%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="2%"> </td>
<td width="1%"> </td>
<td width="2%"> </td>
<td width="3%"> </td>
<td width="37%"> </td>
<td width="3%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Asset Derivatives</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="4" style="border-bottom: 1px solid #000000"><b>Liability Derivatives</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left"><b>Derivative Type</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Balance Sheet Location</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Fair Value</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center"><b>Balance Sheet Location</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Fair Value</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td colspan="5" valign="top" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td colspan="5" align="left"><i>Derivatives designated as hedging instruments under SFAS 133:</i></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td COLSPAN="5">
<div style="margin-left:30px; text-indent:-15px">Foreign exchange forward
contracts Other current assets
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">210</td>
<td> </td>
<td> </td>
<td align="left" valign="top" NOWRAP>Other liabilities - current</td>
<td> </td>
<td align="left">$</td>
<td align="right">40,525</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left" valign="top">Other liabilities - noncurrent</td>
<td> </td>
<td> </td>
<td align="right">2,343</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Interest rate swap contracts
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left" valign="top">Other liabilities - current</td>
<td> </td>
<td> </td>
<td align="right">23</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left" valign="top">Other liabilities - noncurrent</td>
<td> </td>
<td> </td>
<td align="right">261</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td colspan="5" align="left">Total derivatives designated as hedging instruments</td>
<td> </td>
<td align="left">$</td>
<td align="right">210</td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td align="left">$</td>
<td align="right">43,152</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td nowrap="nowrap" colspan="5" align="left"><i>Derivatives not designated as hedging instruments under SFAS 133:</i></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td nowrap="nowrap">
<div style="margin-left:30px; text-indent:-15px">Foreign exchange forward
contracts Other current assets
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1,495</td>
<td> </td>
<td> </td>
<td align="left" valign="top">Other liabilities - current</td>
<td> </td>
<td align="left">$</td>
<td align="right">1,944</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td colspan="5" align="left">Total derivatives not designated as hedging instruments</td>
<td> </td>
<td align="left">$</td>
<td align="right">1,495</td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1,944</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Total derivative instruments
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1,705</td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td align="left">$</td>
<td align="right">45,096</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td align="left" valign="top"> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The following tables present the amounts affecting our condensed consolidated statement of
operations for the three and six months ended June 27, 2009 (in thousands):
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="3%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="3%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="3%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="1%"> </td>
<td width="2%"> </td>
<td width="3%"> </td>
<td width="2%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Location of</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Gain (Loss)</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"><b>Amount of Gain (Loss)</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Reclassified</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"><b>Amount of Gain (Loss)</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"><b>Recognized in Other</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>from</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"><b>Reclassified from Accumulated</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"><b>Comprehensive Income on</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Accumulated</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"><b>Other Comprehensive Income</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Derivatives</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Other</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>into Income</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Three Months</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Six Months</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Comprehensive</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Three Months</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Six Months</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Ended</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Ended</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Income into</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Ended</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Ended</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000"><b>Derivative Type</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>June 27, 2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>June 27, 2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Income</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>June 27, 2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>June 27, 2009</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="9" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td colspan="11" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td colspan="5" align="left"><i>Derivatives designated as cash flow hedges under SFAS 133:</i></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign exchange forward contracts
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(50,987</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(27,111</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td colspan="3" nowrap="nowrap" align="center">Net sales</td>
<td> </td>
<td align="left">$</td>
<td align="right">9,634</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">31,824</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Interest rate swaps
</div></td>
<td> </td>
<td> </td>
<td align="right">1,870</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,093</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Total derivatives designated as cash flow hedges
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(49,117</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(26,018</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">9,634</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">31,824</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="64%"> </td>
<td width="5%"> </td>
<td width="7%"> </td>
<td width="5%"> </td>
<td width="7%"> </td>
<td width="5%"> </td>
<td width="7%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Amount of Gain (Loss) on</b></td>
<td> </td>
<td nowrap="nowrap" align="center"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Derivatives Recognized in Income</b></td>
<td> </td>
<td nowrap="nowrap" align="center"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center"><b>Three Months</b></td>
<td> </td>
<td nowrap="nowrap" align="center"><b>Six Months</b></td>
<td> </td>
<td nowrap="nowrap" align="center"><b>Location of Gain (Loss)</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center"><b>Ended</b></td>
<td> </td>
<td nowrap="nowrap" align="center"><b>Ended</b></td>
<td> </td>
<td nowrap="nowrap" align="center"><b>Recognized in Income on</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left"><b>Derivative Type</b></td>
<td> </td>
<td nowrap="nowrap" align="center"><b>June 27, 2009</b></td>
<td> </td>
<td nowrap="nowrap" align="center"><b>June 27, 2009</b></td>
<td> </td>
<td nowrap="nowrap" align="center" style="border-bottom: 1px solid #000000"><b>Derivatives</b></td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px"><i>Derivatives designated as cash flow hedges under SFAS 133:</i>
</div></td>
<td> </td>
<td align="center" valign="bottom"> </td>
<td> </td>
<td align="center" valign="bottom"> </td>
<td> </td>
<td align="left" valign="top"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign exchange forward contracts
</div></td>
<td> </td>
<td align="center" valign="bottom">$9,634</td>
<td> </td>
<td align="center" valign="bottom">$31,824</td>
<td> </td>
<td align="left" valign="top">Net sales</td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Interest rate swaps
</div></td>
<td> </td>
<td align="center" valign="bottom">$(2,391)</td>
<td> </td>
<td align="center" valign="bottom">$(2,525)</td>
<td> </td>
<td align="left" valign="top" NOWRAP>Interest income (expense)</td>
</tr>
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td align="center" valign="bottom"> </td>
<td> </td>
<td align="center" valign="bottom"> </td>
<td> </td>
<td align="left" valign="top"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><i>Derivatives not designated as hedging instruments under SFAS 133:</i>
</div></td>
<td> </td>
<td align="center" valign="bottom"> </td>
<td> </td>
<td align="center" valign="bottom"> </td>
<td> </td>
<td align="left" valign="top"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign exchange forward contracts
</div></td>
<td> </td>
<td align="center" valign="bottom">$(42)</td>
<td> </td>
<td align="center" valign="bottom">$(4,931)</td>
<td> </td>
<td align="left" valign="top" NOWRAP>Other income (expense)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign exchange forward contracts
</div></td>
<td> </td>
<td align="center" valign="bottom">$2,524</td>
<td> </td>
<td align="center" valign="bottom">$1,069</td>
<td> </td>
<td align="left" valign="top">Cost of sales</td>
</tr>
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td align="center" valign="bottom"> </td>
<td> </td>
<td align="center" valign="bottom"> </td>
<td> </td>
<td align="left" valign="top"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Credit default swaps
</div></td>
<td> </td>
<td align="center" valign="bottom">$(459)</td>
<td> </td>
<td align="center" valign="bottom">$(1,459)</td>
<td> </td>
<td align="left" valign="top">Other income (expense)</td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b><i>Interest Rate Risk</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We use interest rate swap agreements to mitigate our exposure to interest rate fluctuations
associated with certain of our debt instruments; we do not use such swap agreements for speculative
or trading purposes. We had interest rate swap contracts with a financial institution that
effectively converted to fixed rates the variable rate of the Euro Interbank Offered Rate (Euribor)
on the term loan portion of our credit facility with a consortium of banks for the financing of our
German plant. These swap contracts were required under the credit facility agreement, which we
repaid and terminated on June 30, 2009. As per the credit facility agreement requirements, we
terminated these interest rate swap contracts on June 26, 2009 and consequently recognized an
interest expense of <font face="'Times New Roman',times,serif">€</font>1.7 million ($2.4 million at the balance sheet close rate on June 27, 2009 of
$1.41/<font face="'Times New Roman',times,serif">€</font>1.00). The termination of the interest rate swap contracts settled on June 30, 2009.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On May 29, 2009, we entered into an interest rate swap contract, which will become effective
on September 30, 2009 with a notional value of <font face="'Times New Roman',times,serif">€</font>57.3 million ($80.8 million at the balance sheet
close rate on June 27, 2009 of $1.41/<font face="'Times New Roman',times,serif">€</font>1.00) to receive a six-month floating interest rate, the Euro
Interbank Offered Rate (Euribor), and pay a fixed rate of 2.80%. The notional amount of the
interest rate swap contract is scheduled to decline in correspondence to our scheduled principal
payments on the underlying hedged debt as that debt is paid down. This derivative instrument
qualifies for accounting as a cash flow hedge in accordance with SFAS 133, <i>Accounting for
Derivative Instruments and Hedging Activities</i>, and we designated it as such. We determined that our
interest rate swap contract was highly effective as a cash flow hedge at June 27, 2009.
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b><i>Foreign Currency Exchange Risk</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <i>Cash Flow Exposure</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We expect many of the components of our business to have material future cash flows, including
revenues and expenses that are denominated in currencies other than the relevant component’s
functional currencies. Our primary cash flow exposures are customer collections and vendor
payments. Changes in the exchange rates between our components’ functional currencies and the other
currencies in which they transact will cause fluctuations in the cash flows we expect to receive
when these cash flows are realized or settled. Accordingly, we enter into foreign exchange forward
contracts to hedge the value of a portion of these forecasted cash flows. As of June 27, 2009,
these foreign exchange contracts hedge our forecasted future cash flows for up to 18 months. These
foreign exchange contracts qualified for accounting as cash flow hedges in accordance with SFAS
133, and we designated them as such. We initially report the effective portion of the derivative’s
gain or loss in accumulated other comprehensive income (loss) and subsequently reclassify amounts
into earnings when the hedged transaction is settled. We determined that these derivative financial
instruments were highly effective as cash flow hedges at June 27, 2009. In addition, during the six
months ended June 27, 2009, we did not discontinue any cash flow hedges because it was probable
that a forecasted transaction would not occur.
</div>
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<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In 2008 and during the six months ended June 27, 2009, we purchased foreign exchange forward
contracts to hedge the exchange risk on forecasted cash flows denominated in euro. As of June 27,
2009, the unrealized loss on these contracts was $42.7 million and the total notional value of the
contracts was <font face="'Times New Roman',times,serif">€</font>556.5 million ($784.7 million at the balance sheet close rate on June 27, 2009 of
$1.41/<font face="'Times New Roman',times,serif">€</font>1.00). The weighted average forward exchange rate for these contracts was $1.33/<font face="'Times New Roman',times,serif">€</font>1.00 at
June 27, 2009.
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt; margin-left: 2%"><i>Transaction Exposure</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Many components of our business have assets and liabilities (primarily receivables,
investments and accounts payable, including solar module collection and recycling liabilities and
inter-company balances) that are denominated in currencies other than their functional currencies.
Changes in the exchange rates between our components’ functional currencies and the currencies in
which these assets and liabilities are denominated can create fluctuations in our reported
consolidated financial position, results of operations and cash flows. We may enter into foreign
exchange forward contracts or other financial instruments to hedge these assets and liabilities
against the short-term effects of currency exchange rate fluctuations. The gains and losses on the
foreign exchange forward contracts will offset all or part of the transaction gains and losses that
we recognize in earnings on the related foreign currency assets and liabilities.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     During the six months ended June 27, 2009, we purchased forward foreign exchange contracts to
hedge balance sheet exposure related to transactions with third parties. We recognize gains or
losses from the fluctuation in foreign exchange rates and the valuation of these hedging contracts
in cost of sales and foreign currency gain (loss) on our consolidated statements of operations.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     As of June 27, 2009, the total notional value of our foreign exchange forward contracts to
purchase and sell euros with/for U.S. dollars was <font face="'Times New Roman',times,serif">€</font>124.6 million and <font face="'Times New Roman',times,serif">€</font>138.4 million, respectively
($175.7 million and $195.1 million, respectively, at the balance sheet close rate on June 27, 2009
of $1.41/<font face="'Times New Roman',times,serif">€</font>1.00); the total notional value of our foreign exchange forward contracts to sell U.S.
dollars with/for euros was $9.8 million; the total notional value of our foreign exchange forward
contracts to purchase and sell Malaysian ringgits with/for U.S. dollars was MYR 122.5 million and
MYR 10.2 million, respectively ($34.3 million and $2.9 million, respectively, at the balance sheet
close rate on June 27, 2009 of $0.28/MYR1.00); and the total notional value of our foreign exchange
forward contracts to sell Canadian dollars with/for U.S. dollars was CAD 14.6 million ($12.7
million at the balance sheet close rate on June 27, 2009 of $0.87/CAD1.00). As of June 27, 2009,
the total unrealized loss on these contracts was $0.4 million. These contracts have maturities of
less than two months.
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b><i>Credit Risk</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We have certain financial and derivative instruments that subject us to credit risk. These
consist primarily of cash, cash equivalents, investments, trade accounts receivable, interest rate
swap contracts and foreign exchange forward contracts. We are exposed to credit losses in the event
of nonperformance by the counterparties to our financial and derivative instruments. We place cash,
cash equivalents, investments, interest rate swap contracts and foreign exchange forward contracts
with various high-quality financial institutions and limit the amount of credit risk from any one
counterparty. We continuously evaluate the credit standing of our counterparty financial
institutions.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In addition, we had certain restricted investments that were exposed to credit risk. These
consisted primarily of restricted investments, which were held by a financial services company to
fund our estimated future product collection and recycling costs. In October 2008, we entered into
two credit default swaps (CDS) with J.P. Morgan Chase NA, New York to protect this restricted
investment from certain significant pre-defined credit events related to the parent of the
financial services company. Under a CDS, a third party assumes, for a fee, a portion of the credit
risk related to an investment. The CDSs we entered into provided protection for losses in the event
of a pre-defined credit event of the parent of the financial services company up to $25.0 million.
Our CDSs expired on March 20, 2009 and June 20, 2009. During the six months ended June 27, 2009, we
recorded a loss of $1.5 million related to the fair value adjustments and fees for these CDSs.
</div>
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<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 10. Fair Value Measurement</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On December 30, 2007, the beginning of our 2008 fiscal year, we adopted SFAS 157. SFAS 157
defines fair value, establishes a framework for measuring fair value in accordance with generally
accepted accounting principles and expands financial statement disclosure requirements for fair
value measurements. Our initial adoption of SFAS 157 was limited to our fair value measurements of
financial assets and financial liabilities, as permitted by FSP 157-2, <i>Effective Date of FASB
Statement No. 157</i>. On December 28, 2008, the beginning of our fiscal year 2009, we adopted SFAS 157
for the remainder of our fair value measurements. The
implementation of the fair value measurement guidance of SFAS 157 did not result in any
material changes to the carrying values of our assets and liabilities.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     SFAS 157 defines fair value as the price that would be received from the sale of an asset or
paid to transfer a liability (an exit price) on the measurement date in an orderly transaction
between market participants in the principal or most advantageous market for the asset or
liability. SFAS 157 specifies a hierarchy of valuation techniques, which is based on whether the
inputs into the valuation technique are observable or unobservable. The hierarchy is as follows:
</div>
<div style="margin-top: 6pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Level 1 — Valuation techniques in which all significant inputs are unadjusted quoted
prices from active markets for assets or liabilities that are identical to the assets or
liabilities being measured.</td>
</tr>
</table>
</div>
<div style="margin-top: 6pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Level 2 — Valuation techniques in which significant inputs include quoted prices from
active markets for assets or liabilities that are similar to the assets or liabilities being
measured and/or quoted prices for assets or liabilities that are identical or similar to the
assets or liabilities being measured from markets that are not active. Also, model-derived
valuations in which all significant inputs and significant value drivers are observable in
active markets are Level 2 valuation techniques.</td>
</tr>
</table>
</div>
<div style="margin-top: 6pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Level 3 — Valuation techniques in which one or more significant inputs or significant
value drivers are unobservable. Unobservable inputs are valuation technique inputs that
reflect our own assumptions about the assumptions that market participants would use in
pricing an asset or liability.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     When available, we use quoted market prices to determine the fair value of an asset or
liability. If quoted market prices are not available, we measure fair value using valuation
techniques that use, when possible, current market-based or independently-sourced market
parameters, such as interest rates and currency rates. Following is a description of the valuation
techniques that we use to measure the fair value of assets and liabilities that we measure and
report at fair value on a recurring or one-time basis:
</div>
<div style="margin-top: 6pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td><i>Cash Equivalents. </i>At June 27, 2009, our cash equivalents consisted of money market
mutual funds. We value some of our cash equivalents using observable inputs that reflect
quoted prices for securities with identical characteristics, and accordingly, we classify
the valuation techniques that use these inputs as Level 1.</td>
</tr>
</table>
</div>
<div style="margin-top: 6pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td><i>Marketable securities. </i>At June 27, 2009, our marketable securities consisted of federal
and foreign agency debt, supranational debt and corporate debt securities. We value our
marketable securities using quoted prices for securities with similar characteristics and
other observable inputs (such as interest rates that are observable at commonly quoted
intervals), and accordingly, we classify the valuation techniques that use these inputs as
Level 2. We also consider the effect of our counterparties’ credit standings in these fair
value measurements.</td>
</tr>
</table>
</div>
<div style="margin-top: 6pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td><i>Derivative assets and liabilities. </i>At June 27, 2009, our derivative assets and
liabilities consisted of foreign exchange forward contracts involving major currencies and
interest rate swap contracts involving benchmark interest rates. Since our derivative assets
and liabilities are not traded on an exchange, we value them using valuation models.
Interest rate yield curves, foreign exchange rates and credit default swap spreads are the
significant inputs into these valuation models. These inputs are observable in active
markets over the terms of the instruments we hold, and accordingly, we classify these
valuation techniques as Level 2. We consider the effect of our own credit standing and that
of our counterparties in our valuations of our derivative assets and liabilities.</td>
</tr>
</table>
</div>
<div style="margin-top: 6pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td><i>Product collection and recycling liability. </i>We account for our obligation to collect and
recycle the solar modules that we sell in a similar manner to the accounting for asset
retirement obligations that is prescribed by SFAS 143, <i>Accounting for Asset Retirement
Obligations</i>. When we sell solar modules, we initially record our liability for collecting
and recycling those particular solar modules at the fair value of this liability, and then
in subsequent periods, we accrete this fair value to the estimated future cost of collecting
and recycling the solar modules. Therefore, this is a one-time nonrecurring fair value
measurement of the collection and recycling liability associated with each particular solar
module sold.</td>
</tr>
</table>
</div>
<div style="margin-top: 6pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"> </td>
<td width="1%"> </td>
<td>Since there is not an established market for collecting and recycling our solar modules, we
value our liability using a valuation model (an income approach). This fair value measurement
requires us to use significant unobservable inputs, which are primarily estimates of
collection and recycling process costs and estimates of future changes in costs due to
inflation and future currency exchange rates. Accordingly, we classify these valuation
techniques as Level 3. We estimate collection and recycling process costs based on analyses of
the collection and recycling technologies that we are currently developing; we estimate
future inflation costs based on analysis of historical trends; and we estimate future currency
exchange rates based on current rate information. We consider the effect of our own credit
standing in our measurement of the fair value of this liability.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     At June 27, 2009, information about inputs into the fair value measurements of our assets and
liabilities that we make on a recurring basis was as follows (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="10"><b>Fair Value Measurements at Reporting</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="10" style="border-bottom: 1px solid #000000"><b>Date Using</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Quoted<br />
Prices</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Total Fair</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>in Active</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Significant</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Value and</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Markets for</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Other</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Significant</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Carrying</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Identical</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Observable</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unobservable</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Value on Our</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Assets</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Inputs</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Inputs</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Balance Sheet</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>(Level 1)</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>(Level 2)</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>(Level 3)</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Assets:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Cash equivalents:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:45px; text-indent:-15px">Money market mutual funds
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">125,690</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">125,690</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Marketable securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:45px; text-indent:-15px">Federal agency debt
</div></td>
<td> </td>
<td> </td>
<td align="right">132,706</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">132,706</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Foreign agency debt
</div></td>
<td> </td>
<td> </td>
<td align="right">63,885</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">63,885</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:45px; text-indent:-15px">Supranational debt
</div></td>
<td> </td>
<td> </td>
<td align="right">62,227</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">62,227</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">40,135</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">40,135</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Derivative assets
</div></td>
<td> </td>
<td> </td>
<td align="right">1,705</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,705</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total assets
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">426,348</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">125,690</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">300,658</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Liabilities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Derivative liabilities
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">45,096</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">45,096</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 1%"><b><i>Fair Value of Financial Instruments</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The carrying amounts and fair values of our financial instruments at June 27, 2009 and
December 27, 2008 were as follows (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>June 27, 2009</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>December 27, 2008</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Carrying</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Fair</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Carrying</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Fair</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>Value</b></td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td> </td>
<td> </td>
<td colspan="15" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Assets:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Marketable securities, current and noncurrent
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">298,953</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">298,953</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">105,601</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">105,601</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Note receivable — current
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">12,662</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">12,662</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Credit default swaps
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">896</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">896</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign exchange forward contract assets
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">1,705</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">1,705</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">34,035</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">34,035</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Deposit with financial services company (restricted investment)
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">25,841</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">13,039</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Restricted investments
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">33,691</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">33,691</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Investment in related party
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">25,000</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">25,000</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">25,000</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">25,000</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Note receivable — noncurrent
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">24,649</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">24,632</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Liabilities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Long-term debt, including current maturities
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">233,574</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">238,501</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">198,470</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">204,202</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Interest rate swaps
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">284</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">284</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">1,377</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">1,377</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign exchange forward contract liabilities
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">44,812</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">44,812</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">50,410</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">50,410</td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The carrying values on our balance sheet of our cash and cash equivalents, accounts
receivable, restricted cash, accounts payable, income tax payable and accrued expenses approximate
their fair values due to their short maturities; thus, we exclude them from the table above.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We estimated the fair value of our long-term debt in accordance with SFAS 157 using a
discounted cash flows approach (“income approach”) and incorporated the credit risk of our
counterparty for the asset measurement and our credit risk for the liability measurement.
</div>
</div>
</body>
</html>
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<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 11 - us-gaap:RelatedPartyTransactionsDisclosureTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 11. Related Party Transactions</b>
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In October 2008, we made an investment, at a total cost of $25.0 million, in the preferred
stock of a company based in the United States that supplies solar power plants to commercial and
residential customers. This investment represents an ownership of approximately 12% of the voting
interest in this company and is our only equity interest in that entity. Since our ownership
interest in this company is less than 20% and we do not have significant influence over it, we
account for this investment using the cost method.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In the fourth fiscal quarter of 2008, we also entered into a long-term solar module supply
agreement with this related party. During the three and six months ended June 27, 2009, we
recognized $2.0 million and $4.2 million, respectively, in net sales to this related party. At June
27, 2009 we had accounts receivable from this related party of $0.8 million.
</div>
</div>
</body>
</html>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 12 - us-gaap:ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 12. Notes Receivable</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On April 8, 2009 we entered into a credit facility agreement with a solar project entity of
one of our customers for an amount of <font face="'Times New Roman',times,serif">€</font>17.5 million ($24.7 million at the balance sheet close rate
on June 27, 2009 of $1.41/<font face="'Times New Roman',times,serif">€</font>1.00) to provide financing of a photovoltaic power generation facility.
The credit facility replaced a bridge loan that we had made to this customer. The balance of the
bridge loan was <font face="'Times New Roman',times,serif">€</font>10.3 million as of March 28, 2009 ($14.5 million at the balance sheet close rate
on June 27, 2009 of $1.41/<font face="'Times New Roman',times,serif">€</font>1.00) and matured on April 15, 2009. The credit facility bears interest
at 8% per annum and is due on December 31, 2026. As of June 27, 2009, this credit facility was
fully drawn. The outstanding amount of this credit facility is included within Other assets
— noncurrent on our condensed consolidated balance sheets.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On April 21, 2009, we entered into a revolving VAT financing facility agreement for an amount
of <font face="'Times New Roman',times,serif">€</font>9.0 million ($12.7 million at the balance sheet close rate on June 27, 2009 of $1.41/<font face="'Times New Roman',times,serif">€</font>1.00)
with the same solar project entity with whom we entered into the credit facility agreement on
April 8, 2009. The VAT facility agreement pre-finances the amounts of German value added tax (VAT)
and any other tax obligations of similar nature during the construction phase of the photovoltaic
power generation facility, and this additional credit facility was referenced within the April 8,
2009 credit facility arrangement. Borrowings under this facility are short- term in nature, since
the facility is repaid when VAT amounts are reimbursed by the government. The VAT facility
agreement bears interest at the rate of Euribor plus 1.2% and matures on December 31, 2010. As of
June 27, 2009, this credit facility was fully drawn down. The outstanding amount of this credit
facility is included within Prepaid expenses and other current assets on our condensed consolidated
balance sheets.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Subsequent to June 27, 2009, the loan amount under the VAT facility agreement was increased to
<font face="'Times New Roman',times,serif">€</font>15.0 million ($21.2 million at the balance sheet close rate on June 27, 2009 of $1.41/<font face="'Times New Roman',times,serif">€</font>1.00). This
increase is only temporary and the amounts available under the facility will revert back to their
original amounts on August 31, 2009.
</div>
</div>
</body>
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<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 13 - us-gaap:DebtDisclosureTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 13. Debt</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Our long-term debt at June 27, 2009 and December 27, 2008 consisted of the following (in
thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>December 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left"><b>Type</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b> 2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="9" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Facility Agreement Malaysia — Fixed rate term loan
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">88,918</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">66,975</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Facility Agreement Malaysia — Floating rate term loan (1)
</div></td>
<td> </td>
<td> </td>
<td align="right">88,918</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">66,975</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Director of Development of the State of Ohio
</div></td>
<td> </td>
<td> </td>
<td align="right">10,709</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,694</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Director of Development of the State of Ohio
</div></td>
<td> </td>
<td> </td>
<td align="right">833</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,528</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Facility Agreement Germany
</div></td>
<td> </td>
<td> </td>
<td align="right">48,586</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">54,982</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Capital lease obligations
</div></td>
<td> </td>
<td> </td>
<td align="right">3</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right">237,967</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">202,159</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Less unamortized discount
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(4,393</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,689</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total long-term debt
</div></td>
<td> </td>
<td> </td>
<td align="right">233,574</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">198,470</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Less current portion
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(76,639</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(34,951</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Noncurrent portion
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">156,935</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">163,519</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left">
<div style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000"> 
</div>
</div>
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>We entered into an interest rate swap contract related to this loan. See Note 9 to our
condensed consolidated financial statements.</td>
</tr>
</table>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We did not have any short-term debt at June 27, 2009 and December 27, 2008.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 1%"><b><i>Malaysian Facility Agreement</i></b>
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<!-- Keep Ignore Comment, per XBRLMARK -->
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On May 6, 2008, in connection with the plant expansion at our Malaysian manufacturing center,
First Solar Malaysia Sdn. Bhd. (FS Malaysia), our indirect wholly owned subsidiary entered into an
export financing facility agreement (Malaysian Facility Agreement) with IKB Deutsche Industriebank
AG (IKB) as arranger, NATIXIS Zweigniederlassung Deutschland (NZD) as facility agent and original
lender, AKA Ausfuhrkredit-Gesellschaft mbH (AKA), as original lender and NATIXIS Labuan Branch
(NLB) as security agent. Pursuant to the terms of the Malaysian Facility Agreement, the lenders
will furnish up to <font face="'Times New Roman',times,serif">€</font>134.0 million ($188.9 million at the balance sheet close rate on June 27, 2009
of $1.41/<font face="'Times New Roman',times,serif">€</font>1.00) of credit facilities consisting of the following (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Outstanding at</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left"><b>Malaysian Borrowings</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Denomination</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Interest</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Maturity</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>2009</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Fixed-rate euro-denominated term loan
</div></td>
<td> </td>
<td colspan="3" align="center">EUR</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="center">4.54%</td>
<td nowrap="nowrap"></td>
<td> </td>
<td> </td>
<td align="center">2016</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">88,918</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Floating-rate euro-denominated term loan
</div></td>
<td> </td>
<td colspan="3" align="center">EUR</td>
<td> </td>
<td colspan="3" align="center" nowrap="nowrap">Euribor plus 0.55%</td>
<td> </td>
<td> </td>
<td align="center">2016</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">88,918</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">177,836</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     These credit facilities are intended to be used by FS Malaysia for the purpose of (1)
partially financing the purchase of certain equipment to be used at our Malaysian manufacturing
center and (2) financing fees to be paid to Euler-Hermes Kreditversicherungs-AG (Euler-Hermes), the
German Export Credit Agency of Hamburg, Federal Republic of Germany, which will guaranty 95% of FS
Malaysia’s obligations related to the Malaysian Facility Agreement (Hermes Guaranty). In addition,
FS Malaysia’s obligations related to the Malaysian Facility Agreement are guaranteed, on an
unsecured basis, by First Solar, Inc., pursuant to a guaranty agreement described below.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     FS Malaysia is obligated to pay commitment fees at an annual rate of 0.375% on the unused
portions of the fixed rate credit facilities and at an annual rate of 0.350% on the unused portions
of the floating rate credit facilities. In addition, FS Malaysia is obligated to pay certain
underwriting, management and agency fees in connection with the credit facilities.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In connection with the Facility Agreement, First Solar, Inc. entered into a first demand
guaranty agreement dated May 6, 2008 in favor of IKB, NZD, NLB and the other lenders under the
Malaysian Facility Agreement. As noted above, FS Malaysia’s obligations related to the Malaysian
Facility Agreement are guaranteed, on an unsecured basis, by First Solar pursuant to this guaranty
agreement.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In connection with the Malaysian Facility Agreement, all of FS Malaysia’s obligations related
to the Malaysian Facility Agreement are secured by a first party, first legal charge over the
equipment financed by the credit facilities and the other documents, contracts and agreements
related to that equipment. Also in connection with the Malaysian Facility Agreement, any payment
claims of First Solar, Inc. against FS Malaysia are subordinated to the claims of IKB, NZD, NLB and
the other lenders under the Malaysian Facility Agreement.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The Malaysian Facility Agreement contains various financial covenants which we must comply
with, such as debt to equity ratios, total leverage ratios, interest coverage ratios and debt
service coverage ratios. We must submit these ratios related to the financial covenants for the
first time at the end of fiscal 2009. The Malaysian Facility Agreement also contains various
customary non-financial covenants which FS Malaysia must comply with, including, submitting various
financial reports and business forecasts to the lenders, maintaining adequate insurance, complying
with applicable laws and regulations, restrictions on FS Malaysia’s ability to sell or encumber
assets and make loan guarantees to third parties. We were in compliance with these covenants
through June 27, 2009.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Certain of our debt-financing agreements bear interest at rates based on the Euro Interbank
Offered Rate (Euribor). Euribor is the primary interbank lending rate within the Euro zone, with
maturities ranging from one week to one year. A disruption of the credit environment as currently
being experienced could negatively impact interbank lending and therefore negatively impact the
Euribor rate. An increase in the Euribor rate would increase our cost of borrowing.
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt; margin-left: 2%"><b><i>State of Ohio Loans</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     During the years ended December 25, 2004 and December 31, 2005, we received the following
loans from the Director of Development of the State of Ohio (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Outstanding at</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Original</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left"><b>Ohio Borrowings</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b> Loan Amount</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Denomination</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Interest</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Maturity</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>2009</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Director of
Development of the
State of Ohio
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">15,000</td>
<td> </td>
<td> </td>
<td colspan="3" align="center">USD</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">2.25</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td> </td>
<td align="right">2015</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">10,709</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Director of
Development of the
State of Ohio
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">5,000</td>
<td> </td>
<td> </td>
<td colspan="3" align="center">USD</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td nowrap="nowrap" align="right">0.25% — 3.25</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td> </td>
<td align="right">2009</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">833</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">20,000</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">11,542</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Certain of our land, buildings and machinery and equipment has been pledged as collateral for
these loans.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>German Facility Agreement</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On July 27, 2006, First Solar Manufacturing GmbH, a wholly owned indirect subsidiary of First
Solar, Inc., entered into a credit facility agreement with a consortium of banks led by IKB
Deutsche Industriebank AG under which we could draw up to <font face="'Times New Roman',times,serif">€</font>102.0 million ($143.8 million at the
balance sheet close rate on June 27, 2009 of $1.41/<font face="'Times New Roman',times,serif">€</font>1.00) to fund costs of constructing and
starting up our German plant. This credit facility consisted of the following borrowings (in
thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Outstanding at</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Original Loan</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left"><b>German Borrowings</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Amount</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Denomination</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Interest</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Maturity</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>2009</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Term Loan
</div></td>
<td> </td>
<td align="left"><font face="'Times New Roman',times,serif">€</font></td>
<td align="right">53,000</td>
<td> </td>
<td> </td>
<td colspan="3" align="center">EUR</td>
<td> </td>
<td colspan="3" align="center" nowrap="nowrap">Euribor plus 1.6%</td>
<td> </td>
<td> </td>
<td align="center">2012</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">48,586</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Revolver
</div></td>
<td> </td>
<td align="left"><font face="'Times New Roman',times,serif">€</font></td>
<td align="right">27,000</td>
<td> </td>
<td> </td>
<td colspan="3" align="center">EUR</td>
<td> </td>
<td colspan="3" align="center">Euribor plus 1.8%</td>
<td> </td>
<td> </td>
<td align="center">2012</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Bridge Loan
</div></td>
<td> </td>
<td align="left"><font face="'Times New Roman',times,serif">€</font></td>
<td align="right">22,000</td>
<td> </td>
<td> </td>
<td colspan="3" align="center">EUR</td>
<td> </td>
<td colspan="3" align="center">Euribor plus 2.0%</td>
<td> </td>
<td> </td>
<td align="center">2008</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left"><font face="'Times New Roman',times,serif">€</font></td>
<td align="right">102,000</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">48,586</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We repaid the entire outstanding principal amount of the term loan and all accrued interest
subsequent to quarter end on June 30, 2009, and we concurrently terminated this facility. Based on
the loan agreement with IKB Deutsche Industriebank AG, the amount to be repaid was transferred into
a restricted account, which we classified with our restricted investments on our balance sheet as
of June 27, 2009.
</div>
</div>
</body>
</html>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 14 - us-gaap:CommitmentsAndContingenciesDisclosureTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 14. Commitments and Contingencies</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Financial guarantees</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In the normal course of business, we occasionally enter into agreements with third parties
under which we guarantee the performance of our subsidiaries related to certain service contracts,
which may include services such as development, engineering, procurement of permits and equipment,
construction management and monitoring and maintenance. These agreements meet the definition of a
guarantee according to FASB Interpretation No. (FIN) 45, <i>Guarantor’s Accounting and Disclosure
Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of Other</i>. As of June 27,
2009, none of these guarantees were material to our financial position.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Loan guarantees</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In connection with the Malaysian Facility Agreement, First Solar, Inc. entered into a first
demand guaranty agreement dated May 6, 2008 in favor of IKB, NZD, NLB and the other lenders under
the Malaysian Facility Agreement. First Solar Malaysia’s obligations related to the Malaysian
Facility Agreement are guaranteed, on an unsecured basis, by First Solar, pursuant to this guaranty
agreement. See Note 13 to our condensed consolidated financial statements for additional
information.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Commercial commitments</i></b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     During the three months ended June 27, 2009, we entered into three commercial commitments in
the form of letters of credit and bank guarantees related to our solar power systems and project
development business in the amount of $4.2 million. We also had the following three outstanding
commercial commitments as of June 27, 2009: MYR 4.0 million dated June 2008 for an energy supply
agreement ($1.1 million at the balance sheet close rate on June 27, 2009 of $0.28/MYR1.00); MYR 3.0
million dated September 2008 for Malaysian custom and excise tax ($0.8 million at the balance sheet
close rate on June 27, 2009 of $0.28/MYR1.00); and MYR 2.2 million dated December 2007 for an
energy supply agreement ($0.6 million at the balance sheet close rate on June 27, 2009 of
$0.28/MYR1.00).
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     <b><i>Product warranties</i></b>
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<!-- Keep Ignore Comment, per XBRLMARK -->
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We offer warranties on our products and record an estimate of the associated liability based
on the following: number of solar modules under warranty at customer locations, historical
experience with warranty claims, monitoring of field installation sites, in-house testing of our
solar modules and estimated per-module replacement cost.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Product warranty activity during the three and six months ended June 27, 2009 and June 28,
2008 was as follows (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Three Months Ended</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Six Months Ended</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Product warranty liability, beginning of period
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">13,557</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">9,261</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">11,905</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">7,276</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Accruals for new warranties issued (warranty expense)
</div></td>
<td> </td>
<td> </td>
<td align="right">3,898</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,851</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,989</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,843</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Settlements
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(146</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(354</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(8</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Change in estimate of warranty liability
</div></td>
<td> </td>
<td> </td>
<td align="right">104</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(247</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,127</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(246</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Product warranty liability, end of period
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">17,413</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">10,865</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">17,413</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">10,865</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Current portion of warranty liability
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">6,517</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">4,402</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Non-current portion of warranty liability
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">10,896</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">6,463</td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
</body>
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<head></head>
<body>
<!-- Begin Block Tagged Note 15 - us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 15. Share-Based Compensation</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We measure share-based compensation cost at the grant date based on the fair value of the
award and recognize this cost as an expense over the grant recipients’ requisite service periods,
in accordance with SFAS 123(R), <i>Share-Based Payment</i>. The share-based compensation expense that we
recognized in our consolidated statements of operations for the three and six months ended June 27,
2009 and June 28, 2008 was as follows (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Three Months Ended</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Six Months Ended</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Share-based compensation expense included in:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Cost of sales
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">3,483</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">3,162</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">6,502</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">5,370</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Research and development
</div></td>
<td> </td>
<td> </td>
<td align="right">2,100</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,501</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,919</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,466</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Selling, general and administrative
</div></td>
<td> </td>
<td> </td>
<td align="right">11,854</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,279</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">21,728</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">17,679</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Production start-up
</div></td>
<td> </td>
<td> </td>
<td align="right">320</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">515</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">792</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">801</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total share-based compensation expense
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">17,757</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">15,457</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">32,941</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">26,316</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The increase in share-based compensation expense was primarily the result of new awards.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The following table presents our share-based compensation expense by type of award for the
three and six months ended June 27, 2009 and June 28, 2008 (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Three Months Ended</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Six Months Ended</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Stock options
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">1,754</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">4,675</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">3,808</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">9,735</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Restricted stock units
</div></td>
<td> </td>
<td> </td>
<td align="right">16,998</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,917</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">30,241</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16,445</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Unrestricted stock
</div></td>
<td> </td>
<td> </td>
<td align="right">112</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">82</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">225</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">163</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net amount absorbed into inventory
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,107</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(217</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,333</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(27</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Total share-based compensation expense
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">17,757</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">15,457</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">32,941</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">26,316</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Share-based compensation cost capitalized in our inventory was $1.7 million and $0.3 million
at June 27, 2009 and December 27, 2008, respectively. As of June 27, 2009, we had $10.5 million of
unrecognized share-based compensation cost related to unvested stock option awards, which we expect
to recognize as an expense over a weighted-average period of approximately 1.1 years, and $154.6
million of unrecognized share-based compensation cost related to unvested restricted stock units,
which we expect to recognize as an expense over a weighted-average period of approximately 2.2
years.
</div>
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<!-- Begin Block Tagged Note 16 - us-gaap:IncomeTaxDisclosureTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 16. Income Taxes</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Our Malaysian subsidiary has been granted a tax holiday for a period of 16.5 years, which was
originally scheduled to commence on January 1, 2009. The tax holiday which generally provides for a
100% exemption from Malaysian income tax is conditional upon our continued compliance in meeting
certain employment and investment thresholds. On January 9, 2009, we received formal
approval granting our request to pull forward this previously approved tax holiday by one
year; the result of which was an $11.5 million reduction in the amount of income taxes previously
accrued for the year ended December 27, 2008. As a result, we recognized an income tax benefit of
$11.5 million during the three months ended March 28, 2009.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We recorded tax provisions of $20.7 million and $25.9 million for the three and six months
ended June 27, 2009, respectively. Our effective tax rates were 10.3% and 7.0% for the three and
six months ended June 27, 2009, respectively. Without the $11.5 million tax benefit discussed above
our effective tax rate would have been 10.1% for the six months ended June 27, 2009. Without the
beneficial impact of the Malaysian tax holiday on 2009 operations our effective tax rate would have
been 26% for the six months ended June 27, 2009. The provision for income taxes differs from the
amount computed by applying the statutory U.S. federal rate primarily due to the benefit associated
with foreign income taxed at lower rates and the beneficial impact of the Malaysian tax holiday.
</div>
</div>
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<body>
<!-- Begin Block Tagged Note 17 - us-gaap:EarningsPerShareTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 17. Net Income per Share</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Basic net income per share is computed by dividing net income by the weighted-average number
of common shares outstanding for the period. Diluted net income per share is computed giving effect
to all potential dilutive common stock, including employee stock options and restricted stock
units.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The calculation of basic and diluted net income per share for the three and six months ended
June 27, 2009 and June 28, 2008 was as follows (in thousands, except per share amounts):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Three Months Ended</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Six Months Ended</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Basic net income per share</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Numerator:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Net income
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">180,579</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">69,671</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">345,174</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">116,290</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Denominator:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:30px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Weighted-average common stock outstanding
</div></td>
<td> </td>
<td> </td>
<td align="right">83,723</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">79,877</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">82,704</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">79,468</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Diluted net income per share</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Denominator:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Weighted-average common stock outstanding
</div></td>
<td> </td>
<td> </td>
<td align="right">83,723</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">79,877</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">82,704</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">79,468</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Effect of stock options , restricted stock units outstanding and
contingent issuable shares
</div></td>
<td> </td>
<td> </td>
<td align="right">1,945</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,127</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,436</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,338</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Weighted-average shares used in computing diluted net income per share
</div></td>
<td> </td>
<td> </td>
<td align="right">85,668</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">82,004</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">84,140</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">81,806</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The following number of outstanding employee stock options and restricted stock units were
excluded from the computation of diluted net income per share for the three and six months ended
June 27, 2009 and June 28, 2008 as they would have had an antidilutive effect (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>Three Months Ended</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>Six Months Ended</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>June 27,</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>June 28,</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>June 27,</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3"><b>June 28,</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>2008</b></td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Restricted stock units and options to purchase common stock
</div></td>
<td> </td>
<td> </td>
<td align="right">158</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">101</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">210</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">116</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
</body>
</html>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 18 - us-gaap:ComprehensiveIncomeNoteTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 18. Accumulated Other Comprehensive Income (Loss)</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Comprehensive income, which includes foreign currency translation adjustments, unrealized
gains and losses on derivative instruments designated and qualifying as cash flow hedges and
unrealized gains and losses on available-for-sale securities, the impact of which has been excluded
from net income and reflected as components of stockholders’ equity, was as follows (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Three Months Ended</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Six Months Ended</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Net income
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">180,579</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">69,671</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">345,174</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">116,290</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Foreign currency translation adjustments
</div></td>
<td> </td>
<td> </td>
<td align="right">18,899</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,013</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,443</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Change in unrealized gain (loss) on
marketable securities, net of tax of
$(16) and $(75) for the three and six
months ended June 27, 2009,
respectively
</div></td>
<td> </td>
<td> </td>
<td align="right">268</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(303</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">371</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(15</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Change in unrealized gain (loss) on
derivative instruments, net of tax of
$(615) and $(65) for the three and six
months ended June 27, 2009,
respectively
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(49,732</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,441</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(26,082</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(19,857</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Comprehensive income
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">150,014</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">72,810</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">324,476</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">105,861</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<b>
</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Components of accumulated other comprehensive loss were as follows (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>December 27,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Foreign currency translation adjustments
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(2,812</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(7,825</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Unrealized gain on marketable securities, net of tax expense of $219 for 2009 and $144 for 2008
</div></td>
<td> </td>
<td> </td>
<td align="right">633</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">262</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Unrealized gain (loss) on derivative instruments, net of tax benefit of $0 for 2009 and $65 for 2008
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(42,940</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(16,858</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Accumulated other comprehensive loss
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(45,119</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(24,421</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
</body>
</html>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 19 - fslr:StatementOfCashFlowsTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 19. Statement of Cash Flows</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The following table presents a reconciliation of net income to net cash provided by operating
activities for the six months ended June 27, 2009 and June 28, 2008 (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Six Months Ended</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 27,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>June 28,</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Net income
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">345,174</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">116,290</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Adjustments to reconcile net income to cash provided by (used in) operating activities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Depreciation and amortization
</div></td>
<td> </td>
<td> </td>
<td align="right">56,113</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">21,869</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Impairment of intangible assets
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,334</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Share-based compensation
</div></td>
<td> </td>
<td> </td>
<td align="right">32,941</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">26,316</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Remeasurement of debt
</div></td>
<td> </td>
<td> </td>
<td align="right">280</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Deferred income taxes
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(12,098</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(6,113</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Excess tax benefits from share-based compensation arrangements
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(15,351</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(13,953</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Loss on disposal of property and equipment
</div></td>
<td> </td>
<td> </td>
<td align="right">4,426</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">133</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Provision for doubtful accounts receivable
</div></td>
<td> </td>
<td> </td>
<td align="right">6,990</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">465</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Provision for inventory reserve
</div></td>
<td> </td>
<td> </td>
<td align="right">2,432</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">483</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Gain on sales of investments, net
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(7</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(280</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Changes in operating assets and liabilities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Accounts receivable
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(278,451</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(34,753</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Inventories
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(48,385</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(65,827</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Deferred project costs
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(667</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,235</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Prepaid expenses and other current assets
</div></td>
<td> </td>
<td> </td>
<td align="right">14,194</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(4,802</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Costs and estimated earnings in excess of billings
</div></td>
<td> </td>
<td> </td>
<td align="right">183</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Other noncurrent assets
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,773</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,340</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Billings in excess of costs and estimated earnings
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,186</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(969</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Accounts payable and accrued expenses
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(18,535</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">84,396</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Total adjustments
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(258,894</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">6,200</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Net cash provided by operating activities
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">86,280</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">122,490</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
</body>
</html>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 20 - us-gaap:SegmentReportingDisclosureTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 20. Segment Reporting</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     SFAS 131, <i>Disclosure about Segments of an Enterprise and Related Information</i>, establishes
standards for companies to report in their financial statements information about operating
segments, products, services, geographic areas and major customers. The method of determining what
information to report is based on the way that management organizes the operating segments within
the company for making operating decisions and assessing financial performance.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     The components segment, which is our principal business, involves the design, manufacture and
sale of solar modules, which convert sunlight to electricity. We sell our solar modules to sixteen
principal customers, with which we have long term supply contracts. These customers include project
developers, system integrators and operators of renewable energy projects.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In addition, our systems segment consists of our solar power systems business, which includes
solar power project development, and deployment of our solar modules and balance of system
components that we procure from third parties. We sell solar power systems directly to system
owners. These sales may also include fully or partially developed land for building solar power
systems using our technology, engineering, procurement of permits and equipment, construction
management and monitoring and maintenance. We do not recognize revenue from intercompany sales by
our components segments to our systems segment. Instead,
the sale of our solar panels manufactured by the components segment and used for construction
projects are included in “net sales” of our solar power systems and project development business.
Our systems segment does not currently meet the quantitative criteria for disclosure as a separate
reporting segment, and therefore, we classify it in the “Other” category in the following tables.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     Financial information about our segments was as follows (in thousands):
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="11"><b>Three Months Ended</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="11"><b>Three Months Ended</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="11" style="border-bottom: 1px solid #000000"><b>June 27, 2009</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="14" style="border-bottom: 1px solid #000000"><b>June 28, 2008</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Components</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Other</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Total</b></td>
<td style="border-bottom: 0px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Components</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Other</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Total</b></td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Net sales
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">520,466</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">5,410</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">525,876</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">265,101</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">1,940</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">267,041</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Income (loss) before income taxes
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">208,174</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">$</td>
<td align="right">(6,876</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td align="right">$</td>
<td align="right">201,298</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">98,890</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">$</td>
<td align="right">(5,034</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td align="right">$</td>
<td align="right">93,856</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Goodwill
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">259,722</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">35,240</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">294,962</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">33,829</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">33,829</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Assets
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">2,743,609</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">166,570</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">2,910,179</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">1,626,614</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">48,516</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">1,675,130</td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="11"><b>Six Months Ended</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="11"><b>Six Months Ended</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="11" style="border-bottom: 1px solid #000000"><b>June 27, 2009</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="11" style="border-bottom: 1px solid #000000"><b>June 28, 2008</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Components</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Other</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Total</b></td>
<td style="border-bottom: 0px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Components</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Other</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Total</b></td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Net sales
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">933,528</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">10,556</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">944,084</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">458,963</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">4,993</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">463,956</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Income (loss) before income taxes
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">381,298</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">$</td>
<td align="right">(10,268</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td align="right">$</td>
<td align="right">371,030</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">167,006</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">$</td>
<td align="right">(7,941</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td align="right">$</td>
<td align="right">159,065</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Goodwill
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">259,722</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">35,240</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">294,962</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">33,829</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">33,829</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Assets
</div></td>
<td> </td>
<td align="right">$</td>
<td align="right">2,743,609</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">166,570</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">2,910,179</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">1,626,614</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">48,516</td>
<td> </td>
<td> </td>
<td align="right">$</td>
<td align="right">1,675,130</td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
</body>
</html>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<html>
<head></head>
<body>
<!-- Begin Block Tagged Note 21 - us-gaap:ScheduleOfSubsequentEventsTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 21. Subsequent Events</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     We have evaluated subsequent events through July 31, 2009, the date that these financial
statements were issued.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     In June 2009, we received final approval from the Ohio Bureau of Workers’ Compensation (BWC)
to be self insured for workers compensation effective July 1, 2009. We do not expect this to have a
material impact on our financial position, results of operations or cash flows.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On June 30, 2009, we repaid the outstanding principal balance of $48.6 million on the term
loan from a consortium of banks led by IKB Deutsche Industriebank AG for construction and start-up
of our German plant and concurrently terminated this facility. In accordance with the credit
facility agreement, we also terminated the interest rate swap contract associated with this
facility on June 26, 2009. The termination of this interest rate swap contract settled on June 30,
2009. See also Notes 13 and 9 to our condensed consolidated financial statements for more
information about these transactions.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On June 30, 2009, the VAT facility agreement described in Note 12 to our condensed
consolidated financial statements was increased to <font face="'Times New Roman',times,serif">€</font>15.0 million ($21.2 million at the balance
sheet close rate on June 27, 2009 of $1.41/<font face="'Times New Roman',times,serif">€</font>1.00). This increase is only temporary, and the amounts
available under the facility will revert to their original amounts on August 31, 2009.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">     On July 23, 2009, we issued a press release announcing an agreement with EDF Energies
Nouvelles to build a solar panel manufacturing plant in France, which
will produce solar panels
made with First Solar’s advanced, thin-film photovoltaic technology. This venture is subject to
satisfaction of a number of conditions, including determination of the plant site location in
France and agreement with French government authorities on the incentive package for the
investment. The parties expect all conditions to be satisfied by the end of 2009; however, each
party has the right to terminate the relationship prior to December 31, 2009 for any reason,
including non-satisfaction of the conditions precedent.
</div>
</div>
</body>
</html>
NA
false
--12-26
2009-06-27
10-Q
0001274494
84647299
Yes
Large Accelerated Filer
10046225940
First Solar, Inc.
No
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