Unaudited Quarterly Consolidated Financial Data

12 Months Ended

Dec. 31, 2012

Unaudited Quarterly Consolidated Financial Data [Abstract]

Unaudited Quarterly Consolidated Financial Data

Note 18. Unaudited Quarterly Consolidated Financial Data

	Quarter
	First	Second	Third	Fourth
	(in thousands, except per share data)
2012:
Revenue	$23,486	$25,153	$20,808	$18,927
Gross profit	8,194	7,508	5,466	3,684
Net income (loss) attributable to AXT, Inc	1,635	1,299	932	(756)
Net income (loss) attributable to AXT, Inc per share, basic	$0.05	$0.04	$0.03	$(0.02)
Net income (loss) attributable to AXT, Inc per share, diluted	$0.05	$0.04	$0.03	$(0.02)
2011:
Revenue	$24,566	$30,031	$28,305	$21,219
Gross profit	10,660	14,026	*12,263	7,833
Net income attributable to AXT, Inc	4,208	7,062	6,484	2,566
Net income attributable to AXT, Inc per share, basic	$0.13	$0.22	$0.20	$0.08
Net income attributable to AXT, Inc per share, diluted	$0.13	$0.21	$0.19	$0.08

*Certain reclassifications have been made between cost of revenue and selling, general and administrative expenses. The reclassifications have no impact on reported total assets, stockholders' equity and net income.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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