iRobot (IRBT) 8-K/A Financial Statements and Exhibits

EX-99.2

iRobot Corporation
Consolidated Statements of Income
(in thousands, except per share amounts)
(unaudited)
	Fiscal Quarter Ended									Fiscal Year Ended
	March 31, 2012		June 30, 2012		September 29, 2012		December 29, 2012			December 29, 2012
Revenue
Product revenue	$	91,742	$	107,760	$	121,174	$	97,874		$	418,550
Contract revenue	6,065		3,685		5,124		2,820			17,694
Total	97,807		111,445		126,298		100,694			436,244
Cost of Revenue
Product revenue	56,233		57,089		65,852		54,928			234,102
Contract revenue	3,022		1,540		1,970		1,262			7,794
Total	59,255		58,629		67,822		56,190			241,896
Gross Margin	38,552		52,816		58,476		44,504			194,348
Operating Expense
Research and development	14,500		14,182		13,040		15,344			57,066
Selling and marketing	12,333		17,976		11,376		24,727			66,412
General and administrative	11,042		10,022		11,326		13,308			45,698
Total	37,875		42,180		35,742		53,379			169,176
Operating income (loss)	677		10,636		22,734		(8,875		)	25,172
Other income (expense), net	220		60		197		(42		)	435
Pre-tax income (loss)	897		10,696		22,931		(8,917		)	25,607
Income tax expense (benefit)	244		3,321		7,724		(2,979		)	8,310
Net income (loss)	$	653	$	7,375	$	15,207	$	(5,938	)	$	17,297
Net income (loss) per common share:
Basic	$	0.02	$	0.27	$	0.55	$	(0.21	)	$	0.63
Diluted	$	0.02	$	0.26	$	0.54	$	(0.21	)	$	0.61
Shares used in per common share calculations:
Basic	27,352		27,522		27,650		27,802			27,577
Diluted	28,283		28,182		28,321		27,802			28,301
Stock-based compensation included in above figures:
Cost of product revenue	$	208	$	218	$	289	$	174		$	889
Cost of contract revenue	—		—		—		—			—
Research & development	460		446		365		633			1,904
Selling & marketing	237		179		158		234			808
General & administrative	1,608		2,059		1,796		1,919			7,382
Total	$	2,513	$	2,902	$	2,608	$	2,960		$	10,983

iRobot Corporation
Consolidated Statements of Income
(in thousands, except per share amounts)
(unaudited)
	Fiscal Year Ended
	December 29, 2012		December 31, 2011		January 1, 2011		January 2, 2010
Revenue
Product revenue	$	418,550	$	426,525	$	360,394	$	262,199
Contract revenue	17,694		38,975		40,558		36,418
Total	436,244		465,500		400,952		298,617
Cost of Revenue
Product revenue	234,102		240,930		218,237		175,514
Contract revenue	7,794		16,917		18,664		18,561
Total	241,896		257,847		236,901		194,075
Gross Margin	194,348		207,653		164,051		104,542
Operating Expense
Research and development	57,066		60,100		51,185		35,969
Selling and marketing	66,412		50,477		42,778		33,026
General and administrative	45,698		43,753		36,618		30,110
Total	169,176		154,330		130,581		99,105
Operating income	25,172		53,323		33,470		5,437
Other income (expense), net	435		218		504		(81		)
Pre-tax income	25,607		53,541		33,974		5,356
Income tax expense	8,310		13,350		8,460		2,026
Net income	$	17,297	$	40,191	$	25,514	$	3,330
Net income per common share:
Basic	$	0.63	$	1.50	$	1.00	$	0.13
Diluted	$	0.61	$	1.44	$	0.96	$	0.13
Shares used in per common share calculations:
Basic	27,577		26,712		25,394		24,998
Diluted	28,301		27,924		26,468		25,640
Stock-based compensation included in above figures:
Cost of product revenue	$	889	$	1,069	$	875	$	1,046
Cost of contract revenue	—		—		—		—
Research & development	1,904		1,349		1,607		1,007
Selling & marketing	808		724		1,161		1,410
General & administrative	7,382		5,642		4,522		4,099
Total	$	10,983	$	8,784	$	8,165	$	7,562

iRobot Corporation
Segment Information
(in thousands)
(unaudited)
	Fiscal Quarter Ended												Fiscal Year Ended
	March 31, 2012			June 30, 2012			September 29, 2012			December 29, 2012			December 29, 2012
Revenue:
Home Robots	$	81,583		$	96,013		$	96,291		$	82,918		$	356,805
Defense & Security Robots	14,162			13,223			27,832			15,731			70,948
Other	2,062			2,209			2,175			2,045			8,491
Total	97,807			111,445			126,298			100,694			436,244
Cost of Revenue:
Home Robots	43,208			45,085			45,983			40,480			174,756
Defense & Security Robots	9,901			7,159			14,802			8,606			40,468
Other	6,146			6,385			7,037			7,104			26,672
Total	59,255			58,629			67,822			56,190			241,896
Gross Margin
Home Robots	38,375			50,928			50,308			42,438			182,049
Defense & Security Robots	4,261			6,064			13,030			7,125			30,480
Other	(4,084		)	(4,176		)	(4,862		)	(5,059		)	(18,181		)
Total	38,552			52,816			58,476			44,504			194,348
Research and development	14,500			14,182			13,040			15,344			57,066
Selling and marketing	12,333			17,976			11,376			24,727			66,412
General and administrative	11,042			10,022			11,326			13,308			45,698
Other income (expense), net	220			60			197			(42		)	435
Income befrore income taxes	$	897		$	10,696		$	22,931		$	(8,917	)	$	25,607

iRobot Corporation
Segment Information
(in thousands)
(unaudited)
	Fiscal Year Ended
	December 29, 2012			December 31, 2011			January 1, 2011			January 2, 2010
Revenue:
Home Robots	$	356,805		$	278,551		$	229,348		$	165,860
Defense & Security Robots	70,948			175,119			159,889			122,746
Other	8,491			11,830			11,715			10,011
Total	436,244			465,500			400,952			298,617
Cost of Revenue:
Home Robots	174,756			151,299			135,875			111,513
Defense & Security Robots	40,468			81,797			77,177			61,236
Other	26,672			24,751			23,849			21,326
Total	241,896			257,847			236,901			194,075
Gross Margin
Home Robots	182,049			127,252			93,473			54,347
Defense & Security Robots	30,480			93,322			82,712			61,510
Other	(18,181		)	(12,921		)	(12,134		)	(11,315		)
Total	194,348			207,653			164,051			104,542
Research and development	57,066			60,100			51,185			35,969
Selling and marketing	66,412			50,477			42,778			33,026
General and administrative	45,698			43,753			36,618			30,110
Other income (expense), net	435			218			504			(81		)
Income befrore income taxes	$	25,607		$	53,541		$	33,974		$	5,356