The following tables contain selected unaudited consolidated statements of operations data for each quarter of 2016 and 2015 (in thousands, except per share data):



	Quarters Ended
Fiscal 2016	April 2, 2016		July 2, 2016		October 1, 2016		December 31, 2016
Total revenue	$	171,167	$	172,636	$	167,621	$	183,201
Gross profit	114,213		115,135		110,122		124,329
Operating income	37,337		36,429		36,604		310,400		⁽¹⁾
Net income attributable to Masimo Corporation stockholders	27,577		30,023		27,773		215,293		⁽²⁾
Net income per share attributable to Masimo Corporation stockholders:
Basic ⁽³⁾	$	0.56	$	0.61	$	0.56	$	4.31
Diluted ⁽³⁾	$	0.53	$	0.57	$	0.52	$	3.97
⁽¹⁾On November 5, 2016, the Company entered into the Philips Settlement Agreement, pursuant to which Philips N.V. agreed to pay the Company $300 million. Per the terms of the agreement, $270 million of this settlement is included within Operating income for the quarter ended December 31, 2016. See Note 2 - Summary of Significant Accounting Policies under the subheading “Litigation Costs and Contingencies” and Note 15 - Commitments and Contingencies under the subheading “Litigation” for additional information on the Phillips Settlement Agreement.
⁽²⁾ The Company early adopted Accounting Standards Update No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (ASU 2016-09) during the quarter ended April 2, 2016. The early adoption of ASU 2016-09 increased net income for the quarters ended April 2, 2016, July 2, 2016, October 1, 2016 and December 31, 2016 by $1.0 million, $4.1 million, $2.6 million and $5.2 million, respectively.
⁽³⁾Due to the significant impact of the Philips Settlement Agreement on the fourth quarter results, the sum of the basic and diluted earnings per share numbers for each quarter will not equal the basic and diluted earnings per share number for the entire year.



	Quarters Ended
Fiscal 2015	April 4, 2015		July 4, 2015		October 3, 2015		January 2, 2016
Total revenue	$	154,537	$	155,726	$	152,575	$	167,273
Gross profit	103,105		102,901		102,232		101,745
Operating income	27,377		27,841		28,140		36,892		⁽²⁾
Net income attributable to Masimo Corporation stockholders	20,523		19,351		19,325		24,101
Net income per share attributable to Masimo Corporation stockholders:
Basic	$	0.39	$	0.38	$	0.38	$	0.48
Diluted	$	0.38	$	0.36	$	0.36	$	0.46
⁽²⁾On November 16, 2015, we entered into a Settlement Agreement with Shenzhen Mindray Biomedical Electronics Co., Ltd. and certain of its affiliates (collectively, Mindray), pursuant to which Mindray agreed to pay the Company $25 million, which has been included within Operating income for the quarter ended January 2, 2016.