Mindspeed (MSPD) 8-K Other Events

EXHIBIT 99.1

Item 6. Selected Financial Data

The selected consolidated financial data presented below should be read in conjunction with Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and the notes thereto appearing elsewhere in this report. Our consolidated selected financial data have been derived from our audited consolidated financial statements.

	Oct. 2,			Oct. 3,			Sept. 28,			Sept. 29,			Sept. 30,
	2009			2008			2007			2006			2005
	(In thousands, except per share amounts)
Statement of Operations Data
Net revenues:
Products	$	121,552		$	144,349		$	125,805		$	135,919		$	111,777
Intellectual Property		5,000			16,350			2,000			—			—
Total net revenues		126,552			160,699			127,805			135,919			111,777
Cost of goods sold (including impairments and other charges of $3,667 in fiscal 2009)		49,981			47,625			42,334			43,592			33,704
Gross margin		76,571			113,074			85,471			92,327			78,073
Operating expenses:
Research and development		50,650			56,217			57,447			64,104			71,355
Selling, general and administrative		41,582			46,984			43,385			46,970			41,871
Amortization of intangible assets		—			—			—			—			20,481
Special charges (1)		6,896			211			4,724			2,550			5,999
Total operating expenses		99,128			103,412			105,556			113,624			139,706
Operating (loss)/income		(22,557	)		9,662			(20,085	)		(21,297	)		(61,633	)
Interest expense		(3,127	)		(5,310	)		(5,248	)		(4,938	)		(3,829	)
Other income, net		1,052			544			522			863			1,162
(Loss)/income before income taxes		(24,632	)		4,896			(24,811	)		(25,372	)		(64,300	)
Provision for income taxes		482			611			111			1,849			370
Net (loss)/income	$	(25,114	)	$	4,285		$	(24,922	)	$	(27,221	)	$	(64,670	)
(Loss)/income per share:
(Loss)/income per share, basic	$	(1.04	)	$	0.19		$	(1.12	)	$	(1.29	)	$	(3.16	)
(Loss)/income per share, diluted	$	(1.04	)	$	0.18		$	(1.12	)	$	(1.29	)	$	(3.16	)
Shares used in computation of net (loss)/ income per share, in thousands:
Basic		24,156			23,046			22,156			21,107			20,438
Diluted		24,156			23,202			22,156			21,107			20,438

	Oct. 2,		Oct. 3,		Sept. 28,		Sept. 29,		Sept. 30,
	2009		2008		2007		2006		2005
	(In thousands)
Balance Sheet Data
Cash and cash equivalents	$	20,891	$	43,033	$	25,796	$	29,976	$	15,335
Marketable securities		—		—		—		11,260		40,094
Working capital		14,223		50,277		35,814		50,880		59,332
Total assets		62,463		100,413		82,008		96,438		105,366
Long-term debt		13,415		40,749		37,308		33,848		30,708
Stockholders’ equity		18,890		32,666		21,904		34,142		47,199

(1) Special charges consist of asset impairments and restructuring charges.