Quarterly Statement of Operations Information (Unaudited)

12 Months Ended

Sep. 24, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Statement of Operations Information (Unaudited)

The following table presents a summary of quarterly results of operations for fiscal 2016 and 2015:



	2016
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Total revenue	$	695.2	$	693.3	$	717.4	$	726.8
Gross profit	379.1		385.0		393.1		406.1
Net income (1)	84.9		68.9		84.8		92.2
Diluted net income per common share	$	0.29	$	0.24	$	0.30	$	0.33



	2015
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Total revenue	$	652.8	$	655.5	$	693.9	$	702.8
Gross profit	338.6		336.0		378.7		379.4
Net income (2)	29.2		47.8		29.4		25.2
Diluted net income per common share	$	0.10	$	0.17	$	0.10	$	0.09

(1)

Net income in the first quarter of fiscal 2016 included restructuring charges of $2.3 million and a realized gain of $25.1 million related to the sale of all the shares in a marketable security investment. Net income in the second quarter of fiscal 2016 included restructuring charges of $3.8 million and a debt extinguishment loss of $4.5 million. Net income in the fourth quarter of fiscal 2016 included restructuring charges of $2.9 million, a debt extinguishment loss of $0.8 million, and an other-than-temporary impairment charge of $1.1 million related to a marketable security.

(2)

Net income in the first quarter of fiscal 2015 included restructuring charges of $8.0 million and a debt extinguishment loss of $6.7 million. Net income in the third quarter of fiscal 2015 included restructuring and divestiture charges of $11.9 million and a debt extinguishment loss of $18.2 million. Net income in the fourth quarter of fiscal 2015 included restructuring and divestiture charges of $6.5 million, a debt extinguishment loss of $37.8 million, and an other-than-temporary impairment charge of $7.8 million related to a marketable security.