Supplemental Financial Information
The link below contains the following unaudited financial and business information for the most recent eight
quarters ended January 2, 2016:
1. Consolidated Statements of Income and Comprehensive Income
2. Supplemental Non-GAAP Financial Measures – Gross Profit; Selling, General and Administrative Expense; Research and Development Expense; and Operating Income
3. Supplemental Non-GAAP Financial Measures – Net Income and Net Income Per Diluted Share
4. Supplemental Disclosures Regarding Items Excluded from Non-GAAP Financial Measures
5. Consolidated Balance Sheets
6. Business Segment Information
7. Sales and Orders by End Market
The accompanying financial information excludes all financial statement disclosures and other information required by generally accepted accounting principles (GAAP) and Securities and Exchange Commission (SEC) rules and regulations. However, Newport has previously filed, or has publicly disclosed and will file, with the SEC, financial statements for each of the above noted periods that were prepared in accordance with generally accepted accounting principles and SEC rules and regulations. The accompanying financial information is derived from the books and records of Newport that were used to prepare those financial statements. Accordingly, the accompanying information should be read in conjunction with Newport's consolidated financial statements and notes thereto filed with the SEC for each respective period. We believe that quarter-to-quarter comparisons of results from operations, or any other similar period-to-period comparisons, should not be construed as reliable indicators of our future performance.
The accompanying financial information includes certain non-GAAP financial measures. Please refer to the “Supplemental Non-GAAP Financial Measures” schedules included in the above link for further explanation regarding these non-GAAP financial measures and a reconciliation of such measures to the comparable financial measures prepared in accordance with GAAP.
Certain information contained herein, such as information regarding Newport's orders, may be deemed to be forward looking information. As discussed in Newport's periodic reports filed with the SEC, assumptions relating to such information involve judgments and risks, all of which are difficult or impossible to predict accurately and many of which are beyond the control of Newport. Although Newport believes that the assumptions underlying the forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in the forward-looking information will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by Newport or any other person. Newport undertakes no obligation to revise the forward-looking information contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.