RAMBUS INC.

CONSOLIDATED SUPPLEMENTARY FINANCIAL DATA

Quarterly Statements of Operations

(Unaudited)



	Dec. 31, 2018			Sept. 30, 2018			June 30, 2018			March 31, 2018			Dec. 31, 2017			Sept. 30, 2017		June 30, 2017		March 31, 2017
	(In thousands, except for per share amounts)
Total revenue (3)	$	68,563		$	59,754		$	56,458		$	46,426		$	101,891		$	99,134	$	94,720	$	97,351
Total operating costs and expenses	$	72,763		$	78,921		$	76,445		$	90,039		$	86,172		$	82,124	$	86,476	$	83,917
Operating income (loss) (3)	$	(4,200	)	$	(19,167	)	$	(19,987	)	$	(43,613	)	$	15,719		$	17,010	$	8,244	$	13,434
Net income (loss) (1) (3)	$	(2,018	)	$	(104,893	)	$	(15,357	)	$	(35,689	)	$	(36,168	)	$	7,695	$	2,605	$	3,006
Net income (loss) per share — basic (3)	$	(0.02	)	$	(0.97	)	$	(0.14	)	$	(0.33	)	$	(0.33	)	$	0.07	0.02		$	0.03
Net income (loss) per share — diluted (3)	$	(0.02	)	$	(0.97	)	$	(0.14	)	$	(0.33	)	$	(0.33	)	$	0.07	0.02		$	0.03
Shares used in per share calculations — basic (2)	108,826			107,897			107,737			109,358			109,737			109,555		110,060		111,464
Shares used in per share calculations — diluted (2)	108,826			107,897			107,737			109,358			109,737			113,119		112,565		115,325

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(1)

The net loss for the quarter ended September 30, 2018 included a $91.3 million impact of an increase in our deferred tax asset valuation allowance. The net loss for the quarter ended December 31, 2017 included a $21.5 million impact due to the recording of a deferred tax asset valuation allowance and $20.7 million related to re-measurement of deferred tax assets as a result of the tax law changes. Refer to Note 16, "Income Taxes" of Notes to Consolidated Financial Statements of this Form 10-K.

(2)

The quarterly financial information includes the impact of the accelerated share repurchase program as follows: 0.7 million shares in the quarter ended June 30, 2018 and 3.1 million shares repurchased in the quarter ended March 31, 2018 and 0.8 million shares in the quarter ended December 31, 2017 and 3.2 million shares repurchased in the quarter ended June 30, 2017. Refer to Note 13, "Stockholders' Equity" of Notes to Consolidated Financial Statements of this Form 10-K.


(3)	Total revenue, operating loss, net loss and net loss per share for the quarters ended December 31, 2018, September 30, 2018, June 30, 2018 and March 31, 2018 reflect the impact from the adoption of ASC 606. See Note 3, “Recent Accounting Pronouncements,” of Notes to Consolidated Financial Statements of this Form 10-K for further discussion.