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Financial Information by Quarter (Unaudited)
 12 Months Ended
May 03, 2015
Quarterly Financial Information Disclosure [Abstract]  
Financial Information by Quarter (Unaudited)
Financial Information by Quarter (Unaudited)
 
Three Months Ended
 
May 3, 2015
 
January 25, 2015 (1)
 
October 26, 2014 (2)
 
July 27, 2014
 
April 27, 2014 (3)
 
January 26, 2014
 
October 27, 2013
 
July 28, 2013 (4)
 
(In thousands, except per share data)
Revenues
$
320,042

 
$
306,283

 
$
296,981

 
$
327,638

 
$
306,025

 
$
294,018

 
$
290,722

 
$
266,068

Gross profit
$
89,217

 
$
77,953

 
$
84,921

 
$
98,819

 
$
96,564

 
$
105,689

 
$
103,373

 
$
91,373

Income (loss) from operations
$
10,284

 
$
3,401

 
$
(7,259
)
 
$
20,368

 
$
21,107

 
$
33,096

 
$
30,109

 
$
27,103

Income (loss) before non-controlling interest
$
7,327

 
$
1,678

 
$
(11,361
)
 
$
14,243

 
$
28,683

 
$
27,068

 
$
29,951

 
$
25,835

Net income (loss) attributable to Finisar Corporation
$
7,327

 
$
1,678

 
$
(11,361
)
 
$
14,243

 
$
28,750

 
$
27,061

 
$
29,965

 
$
26,011

Net income (loss) per share attributable to Finisar Corporation common stockholders:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
$
0.07

 
$
0.02

 
$
(0.11
)
 
$
0.14

 
$
0.30

 
$
0.28

 
$
0.31

 
$
0.27

Diluted
$
0.07

 
$
0.02

 
$
(0.11
)
 
$
0.14

 
$
0.28

 
$
0.26

 
$
0.29

 
$
0.26

Shares used in computing net income (loss) per share:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Basic
104,005

 
103,563

 
99,621

 
98,241

 
96,965

 
96,394

 
95,941

 
94,609

Diluted
107,535

 
105,990

 
99,621

 
106,036

 
105,418

 
104,361

 
103,696

 
101,125



(1) Net income in the third quarter of fiscal 2015 includes a $5.8 million impairment charge for long-lived assets.

(2) Net loss in the second quarter of fiscal 2015 includes an $11.0 million charge related to the settlement of patent litigation.

(3) Net income in the fourth quarter of fiscal 2014 includes an $8.2 million gain on divestiture of majority-owned subsidiary, Finisar Korea.

(4) Net income in the first quarter of fiscal 2014 includes a $6.5 million gain related to the settlement of stock option litigation.