XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Interim Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 01, 2022
Mar. 26, 2021
Apr. 01, 2022
Mar. 26, 2021
Revenue:        
Revenue $ 334,371 $ 319,558 $ 686,004 $ 709,432
Total revenue 334,371 319,558 686,004 709,432
Cost of revenue:        
Total cost of revenue 35,515 32,378 68,224 67,682
Gross margin 298,856 287,180 617,780 641,750
Operating expenses:        
Research and development 67,421 65,808 136,245 129,580
Sales and marketing 84,230 78,046 181,400 153,491
General and administrative 98,693 59,398 161,137 113,852
Gain on sale of assets 0 0 0 (13,871)
Restructuring charges 5,162 741 5,067 10,764
Total operating expenses 255,506 203,993 483,849 393,816
Operating income 43,350 83,187 133,931 247,934
Other income/(expense):        
Interest income 1,098 962 1,814 1,936
Interest expense (87) (167) (171) (252)
Other income/(expense), net (910) 1,385 (681) 2,711
Total other income 101 2,180 962 4,395
Provision for income taxes (6,932) (9,022) (18,364) (33,294)
Net income including controlling interest 36,519 76,345 116,529 219,035
Less: net (income)/loss attributable to controlling interest 201 (128) 205 (7,620)
Net income attributable to Dolby Laboratories, Inc. $ 36,720 $ 76,217 $ 116,734 $ 211,415
Net income per share:        
Basic (in usd per share) $ 0.36 $ 0.75 $ 1.15 $ 2.09
Diluted (in usd per share) $ 0.36 $ 0.73 $ 1.13 $ 2.02
Weighted-average shares outstanding:        
Basic (in shares) 101,343 101,464 101,285 101,090
Diluted (in shares) 102,707 104,581 103,477 104,414
Cash dividend declared per common share (in dollars per share) $ 0.25 $ 0.22 $ 0.50 $ 0.44
Cash dividend paid per common share (in dollars per share) $ 0.25 $ 0.22 $ 0.50 $ 0.44
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total $ 43,451 $ 85,367 $ 134,893 $ 252,329
Licensing        
Revenue:        
Revenue 313,833 303,585 646,117 676,590
Cost of revenue:        
Cost of revenue 16,672 16,060 31,607 29,006
Products and services        
Revenue:        
Revenue 20,538 15,973 39,887 32,842
Cost of revenue:        
Cost of revenue $ 18,843 $ 16,318 $ 36,617 $ 38,676