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Selected Quarterly Financial Data (unaudited)
12 Months Ended
Sep. 29, 2017
Quarterly Financial Data [Abstract]  
Selected Quarterly Financial Data (unaudited)
. Selected Quarterly Financial Data
The following table presents selected unaudited quarterly financial information from fiscal 2017 and 2016 (in thousands, except per share amounts):
 
Fiscal Year 2017
 
Fiscal Year 2016
 
Q1
Q2
Q3
Q4
 
Q1
Q2
Q3
Q4
Revenue:
 
 
 
 
 
 
 
 
 
Licensing
$
232,699

$
241,617

$
278,106

$
213,370

 
$
211,129

$
249,336

$
253,026

$
203,541

Products
28,211

20,713

22,569

23,797

 
24,809

20,063

20,638

25,033

Services
5,357

5,144

4,990

4,881

 
4,876

4,941

3,923

4,423

Total revenue
266,267

267,474

305,665

242,048

 
240,814

274,340

277,587

232,997

Cost of revenue
29,967

26,977

32,125

29,238

 
29,766

24,373

24,621

30,222

Gross margin
236,300

240,497

273,540

212,810

 
211,048

249,967

252,966

202,775

Income before taxes and controlling interest
67,656

66,194

96,303

26,491

 
39,484

83,823

81,784

30,813

Net income attributable to Dolby Laboratories
$
53,374

$
50,590

$
76,043

$
21,795

 
$
30,901

$
67,398

$
63,628

$
23,933

 
 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
 
Basic
$
0.53

$
0.50

$
0.75

$
0.21

 
$
0.31

$
0.67

$
0.63

$
0.24

Diluted
$
0.51

$
0.49

$
0.73

$
0.21

 
$
0.30

$
0.66

$
0.62

$
0.23

Weighted-average shares outstanding:
 
 
 
 
 
 
 
 
 
Basic
101,483

101,787

101,905

101,959

 
100,734

100,456

100,533

101,145

Diluted
103,876

103,883

104,222

103,530

 
101,931

101,555

102,677

103,766