Item 2.02 Results of Operations and Financial Condition.
The information contained herein and in the accompanying exhibit shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, amended (the "Exchange Act"), or incorporated by reference in any filing
under the Securities Act of 1933, as amended, or the Exchange Act, except as
shall be expressly set forth by specific reference in such a filing.
On February 5, 2009, Skyworks Solutions, Inc. issued a press release in which
it announced financial results for the three month period ended January 2, 2009.
A copy of the press release is attached hereto as Exhibit 99.1.
Use of Non-GAAP Financial Measures
To supplement our consolidated financial statements presented in accordance
with GAAP, Skyworks Solutions, Inc. uses non-GAAP financial measures of
operating results, net income and earnings per share, which are adjusted from
results based on GAAP to exclude certain charges and non-recurring items. These
non-GAAP financial measures are provided to enhance the user's overall
understanding of our current financial performance and our prospects for the
future. Specifically, we believe the non-GAAP financial measures provide useful
information to both management and investors by excluding certain charges and
non-recurring items that we believe are not indicative of our ongoing operations
and financial performance. Additionally, since we have historically reported
non-GAAP results to the investment community, the inclusion of non-GAAP
financial measures provides consistency in our financial reporting. Further,
these non-GAAP financial measures are one of the primary indicators management
uses for planning and forecasting in future periods. The presentation of this
additional information should not be considered in isolation or as a substitute
for results prepared in accordance with accounting principles generally accepted
in the United States. A reconciliation of these non-GAAP financial measures to
the comparable GAAP financial measures is contained in the attached press
release.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release dated February 5, 2009, announcing Skyworks Solutions, Inc.'s
financial results for the three month period ended January 2, 2009.
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