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Quarterly Statement of Operations Information (Unaudited) (Tables)
12 Months Ended
Sep. 28, 2013
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Results of Operations

The following table presents a summary of quarterly results of operations for fiscal 2013 and 2012:

 

     2013  
   First
Quarter
     Second
Quarter
    Third
Quarter
    Fourth
Quarter
 

Total revenue

   $ 631,362       $ 612,663      $ 626,136      $ 622,118   

Gross profit

     281,673         279,326        309,758        290,631   

Net income (loss) (1)

     3,118         (51,104     (10,950     (1,113,902

Diluted net income (loss) per common share

   $ 0.01       $ (0.19   $ (0.04   $ (4.11

 

     2012  
   First
Quarter
     Second
Quarter
    Third
Quarter
     Fourth
Quarter(3)
 

Total revenue

   $ 472,711       $ 471,165      $ 470,228       $ 588,548   

Gross profit

     249,370         226,110        244,640         274,317   

Net income (loss) (2)

     20,812         (40,273     23,594         (77,767

Diluted net income (loss) per common share

   $ 0.08       $ (0.15   $ 0.09       $ (0.29

 

(1) Net income in the first quarter of fiscal 2013 includes a gain on the sale of intellectual property of $53.9 million. Net loss in the second quarter of fiscal 2013 includes restructuring charges of $12.5 million and a debt extingushment loss of $3.2 million. Net loss in the third quarter of fiscal 2013 includes restructuring charges of $6.7 million. Net loss in the fourth quarter of fiscal 2013 includes a goodwill impairment charge of $1.1 billion, restructuring charges of $9.7 million and a debt extinguishment loss of $6.0 million.
(2) Net loss in the second quarter of fiscal 2012 includes a charge for the discontinuance of the Adiana product line of $18.3 million and the loss on debt extinguishment of $42.3 million. See Note 5 for further discussion. Net loss in the fourth quarter of fiscal 2012 includes additional amortization expense from the Gen-Probe acquisition of $29.7 million, direct acquisition transaction costs of $30.7 million, and restructuring charges of $16.7 million, a goodwill impairment charge of $5.8 million and an in-process research and development charge of $4.5 million.
(3) The fourth quarter was a 14-week quarter compared to all other quarters which were 13-week quarters.