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Quarterly Statement of Operations Information (Unaudited)
 12 Months Ended
Sep. 27, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Statement of Operations Information (Unaudited)
Quarterly Statement of Operations Information (Unaudited)
The following table presents a summary of quarterly results of operations for fiscal 2014 and 2013:
 
 
 
2014
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total revenue
 
$
612.4

 
$
625.0

 
$
632.6

 
$
660.6

Gross profit
 
305.6

 
282.1

 
312.8

 
345.0

Net income (loss) (1)
 
(5.4
)
 
(16.8
)
 
11.3

 
28.2

Diluted net income (loss) per common share
 
$
(0.02
)
 
$
(0.06
)
 
$
0.04

 
$
0.10

 
 
 
2013
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total revenue
 
$
631.4

 
$
612.7

 
$
626.1

 
$
622.1

Gross profit
 
281.7

 
279.3

 
309.8

 
290.6

Net income (loss) (2)
 
3.1

 
(51.1
)
 
(11.0
)
 
(1,113.9
)
Diluted net income (loss) per common share
 
$
0.01

 
$
(0.19
)
 
$
(0.04
)
 
$
(4.11
)
 
(1)
Net loss in the first quarter of fiscal 2014 included restructuring charges of $18.4 million and debt extinguishment loss of $2.9 million. Net loss in the second quarter of fiscal 2014 included an impairment charge related to the MRI breast coils product line of $28.6 million, restructuring charges of $11.6 million and a debt extinguishment loss of $4.4 million. Net income in the third quarter of fiscal 2014 included restructuring charges of $6.7 million. Net income in the fourth quarter of fiscal 2014 included restructuring and divestiture charges of $15.1 million and a $5.1 million IPR&D charge.
(2)
Net income in the first quarter of fiscal 2013 included a gain on the sale of intellectual property of $53.9 million. Net loss in the second quarter of fiscal 2013 included restructuring charges of $12.5 million and a debt extinguishment loss of $3.2 million. Net loss in the third quarter of fiscal 2013 included restructuring charges of $6.7 million. Net loss in the fourth quarter of fiscal 2013 included a goodwill impairment charge of $1.1 billion, restructuring charges of $9.7 million and a debt extinguishment loss of $6.0 million.