01/28 16:11 TABLE - Cohu Inc <COHU.O> Q4 full results
SAN DIEGO, Jan. 28 (Reuters) -
Cohu Inc.
Condensed Consolidated Statements of Operations
(in thousands, except per share amounts) (unaudited)
Three Months Ended Years Ended
December 31 December 31
1998 1997 1998 1997
Net Sales $ 25,341 $ 55,583 $171,511 $187,756
Cost and expenses:
Cost of sales 21,829 31,459 116,427 105,991
Research and
development 4,368 5,244 20,400 17,513
Selling, general
and administrative 4,466 5,678 21,107 21,364
Goodwill write-down 1,000 -- 1,000 --
31,663 42,381 158,934 144,868
Income (loss)
from operations (6,322) 13,202 12,577 42,888
Interest income 1,073 818 3,469 2,999
Income (loss) before
income taxes (5,249) 14,020 16,046 45,887
Provision (credit)
for income taxes (2,900) 5,000 4,400 16,700
Net income (loss) (2,349) 9,020 11,646 29,187
Earnings (loss)
per share:
Basic (.24) .95 1.20 3.09
Diluted (.24) .90 1.17 2.93
Weighted average
number of shares:
Basic 9,756 9,515 9,726 9,437
Diluted 9,756 10,037 9,970 9,950 |
