XML 39 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Interim Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2023
Jul. 01, 2022
Jun. 30, 2023
Jul. 01, 2022
Revenue:        
Revenue $ 298,370 $ 289,585 $ 1,009,182 $ 975,589
Total revenue 298,370 289,585 1,009,182 975,589
Cost of revenue:        
Total cost of revenue 41,515 35,957 117,014 104,181
Gross profit 256,855 253,628 892,168 871,408
Operating expenses:        
Research and development 68,696 62,859 201,097 199,104
Sales and marketing 85,594 87,114 263,494 268,514
General and administrative 69,954 57,113 191,865 218,250
Restructuring charges 16,676 976 16,465 6,043
Total operating expenses 240,920 208,062 672,921 691,911
Operating income 15,935 45,566 219,247 179,497
Other income/(expense):        
Interest income 7,316 1,416 18,967 3,230
Interest expense (114) (84) (161) (255)
Other income, net 620 2,514 2,967 1,833
Total other income 7,822 3,846 21,773 4,808
Income before income taxes 23,757 49,412 241,020 184,305
Provision for income taxes (7,352) (9,802) (49,284) (28,166)
Net income including noncontrolling interest 16,405 39,610 191,736 156,139
Less: net (income)/loss attributable to noncontrolling interest (6) (13) (266) 192
Net income attributable to Dolby Laboratories, Inc. $ 16,399 $ 39,597 $ 191,470 $ 156,331
Net income per share:        
Basic (in usd per share) $ 0.17 $ 0.40 $ 2.00 $ 1.55
Diluted (in usd per share) $ 0.17 $ 0.39 $ 1.96 $ 1.52
Weighted-average shares outstanding:        
Basic (in shares) 95,658 100,213 95,794 100,936
Diluted (in shares) 97,459 101,474 97,588 102,993
Cash dividend declared per common share (in dollars per share) $ 0.27 $ 0.25 $ 0.81 $ 0.75
Cash dividend paid per common share (in dollars per share) $ 0.27 $ 0.25 $ 0.81 $ 0.75
Licensing        
Revenue:        
Revenue $ 273,108 $ 269,289 $ 932,727 $ 915,406
Cost of revenue:        
Cost of revenue 15,610 13,756 50,334 45,363
Products and services        
Revenue:        
Revenue 25,262 20,296 76,455 60,183
Cost of revenue:        
Cost of revenue $ 25,905 $ 22,201 $ 66,680 $ 58,818