Q3 FY19 Financial Results slide image

Q3 FY19 Financial Results

GAAP to Non-GAAP Reconciliation In millions; unaudited GAAP COST OF REVENUE Amortization of acquired intangible assets Stock-based compensation expense Charges related to cost saving initiatives Manufacturing underutilization charges NON-GAAP COST OF REVENUE 3/30/2018 $ 3,086 (235) (11) (1) GAAP GROSS PROFIT Amortization of acquired intangible assets Stock-based compensation expense Charges related to cost saving initiatives $ 2,839 $ 1,927 235 11 1 Manufacturing underutilization charges NON-GAAP GROSS PROFIT GAAP OPERATING EXPENSES Amortization of acquired intangible assets Stock-based compensation expense Employee termination, asset impairment and other charges Acquisition-related charges Charges related to cost saving initiatives Other NON-GAAP OPERATING EXPENSES GAAP OPERATING INCOME (LOSS) Cost of revenue adjustments Operating expense adjustments NON-GAAP OPERATING INCOME GAAP INTEREST AND OTHER EXPENSE, NET Convertible debt activity, net Debt extinguishment costs Other NON-GAAP INTEREST AND OTHER EXPENSE, NET THREE MONTHS ENDED 12/28/2018 3/29/2019 $ 3,189 (215) $ 3,095 (188) (13) (13) (6) (49) $ 2,906 $ 1,044 215 13 (148) $ 2,746 $ 579 188 13 6 - $ 2,174 $1,013 (41) 49 $ 1,327 148 $ 928 $ 868 $ 973 (41) (41) (91) (66) (71) (35) (20) (76) (2) 3 (2) (3) 3 (1) $ 850 $ 738 (40) $ 742 $ 914 $ 176 $ (394) 247 283 349 163 130 231 $ 1,324 $ 589 $ 186 $ (1,042) 3 $ (95) 6 $ (83) 7 894 8 $ (137) (4) $ (93) (12) $ (88) $ 104 (55) $ 49 4/29/19 GAAP INCOME TAX EXPENSE (BENEFIT) Income tax adjustments $(189) $ 568 259 (496) NON-GAAP INCOME TAX EXPENSE $ 70 $ 72 Western Digital. ©2019 Western Digital Corporation or its affiliates. All rights reserved. 12 12
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