Kulicke and Soffa Industries (KLIC) 8-K Kulicke & Soffa Reports Results for its Third Quarter 2008

Exhibit 99.1

Kulicke & Soffa Reports Results for its Third Quarter 2008

— First revenue shipments of next-generation Power Series wire bonders

Fort Washington, PA – August 6, 2008—Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) (“K&S”) today reports results for its quarter ended June 28, 2008. K&S announced quarterly net revenue of $180.1 million and a net loss of $1.8 million or $0.03 per share. This press release contains both GAAP and non-GAAP financial information.

On a non-GAAP basis (excluding gold metal cost from both revenue and cost of sales, equity-based compensation, and amortization of intangibles) the Company reported third quarter net revenue of $83.2 million and a net loss of $0.7 million or $0.01 per share. Non-GAAP gross margin was 44.2%, a slight increase of 36 basis points from the prior quarter.

GAAP Results:

	Q3 2008	Change vs. Q3 2007	Change vs. Q2 2008
Net Revenue	$180.1 million	+7%	+2%
Gross Profit	$36.7 million
Gross Margin	20.4%	- 498 basis points	+26 basis points
Net Income (Loss)	($1.8 million)
Net Margin	(1.0%)	- 427 basis points	+248 basis points
EPS- Diluted	($0.03)	($0.11)	$0.08

Non-GAAP Measures:

	Q3 2008	Change vs. Q3 2007	Change vs. Q2 2008
Net Revenue	$83.2 million	-12%	+3%
Gross Profit	$36.8 million
Gross Margin	44.2%	- 109 basis points	+ 36 basis points
Net Income (Loss)	($0.7 million)
Net Margin	(0.8%)	- 832 basis points	- 87 basis points
EPS- Diluted	($0.01)	($0.12)	($0.01)
Non-GAAP measures exclude: gold metal cost from both net revenue and cost of sales; equity-based compensation from expenses; amortization of intangibles; and U.S. pension plan termination charge and related tax effects (see reconciliations of GAAP results to Non-GAAP measures in the following financial schedules).

Scott Kulicke, Chairman and Chief Executive Officer, commented, “The industry is in about the same place it was a quarter ago. However, we do not believe these soft conditions can last for too long and we are planning on a 2009 upturn. Once this occurs, we are well positioned with the positive steps we’ve taken recently, which will make K&S stronger and more profitable.”

Third Quarter Financial Details

• Foreign currency exchange rates were unfavorable during the quarter, negatively impacting net income by $2.6 million in comparison to last quarter.

• Total cash and investments increased $11.6 million from last quarter, to $182.8 million, driven by a reduction in accounts receivable.

• Non-GAAP consolidated gross margin improved slightly to 44.2% from 43.8% in the prior quarter.

Key Product Trends

• Began production shipments of the new IConn^PSball bonder during the third quarter. The IConn^PS replaces the market-leading Maxum Ultra with higher throughput and enhanced technology for advanced packaging requirements, ultra fine pitch, and copper wire packages.

• Shipped the first next generation ConnX^PS wire bonder to an LED customer for evaluation. The new ConnX^PS wire bonder replaces the Maxum Elite wire bonder and is engineered to provide optimal manufacturing capabilities for the lower pin count IC market and the rapidly growing LED market.

• Shipped an alpha version of our next-generation Discovery die bonder in July. The machine meets all

our expectations and we remain on track for a formal Discovery product launch this winter.

Outlook for Fourth Fiscal Quarter

• Net revenue is expected to be about $160 million on a GAAP basis, assuming current gold prices.

• Net revenue is expected to be about $66 million on a non-GAAP basis, which excludes gold metal cost.

• The fourth quarter outlook does not include any effects of the Orthodyne or wire business transactions announced on July 31, 2008.

Earnings Conference Call Details

A conference call to discuss these results will be held today, August 6, 2008 beginning at 9:00 AM EDT. Interested participants may call 877-407-8037 for the teleconference or log on tohttp://www.kns.com/investors/events for listen-only mode. A replay will be available approximately one hour after the completion of the call by calling toll free 877-660-6853 or internationally 201-612-7415 and using the following replay access codes 5521 (account number) and 291300 (replay ID number). A replay will also be available on the K&S web site athttp://www.kns.com/investors/events. The replay will be available via phone and web site through September 30, 2008.

Discussion of Non-GAAP Financials

This press release contains non-GAAP financial measures as a supplement to the consolidated financial results presented in accordance with GAAP. The Company believes certain non-GAAP measures provide investors with an additional, useful perspective on the Company’s performance as seen through the eyes of management. Management uses non-GAAP financial measures along with GAAP financial results for: analyzing the performance of the Company’s businesses; strategic and tactical decision making; and determining compensation. The Company does not consider non-GAAP financial measures to be a substitute for, or superior to, financial results presented in accordance with GAAP. All of the non-GAAP financial measures included herein are reconciled to the most directly comparable GAAP results in the following financial statements. These non-GAAP measures may be calculated differently from non-GAAP measures used by other companies. In addition, these non-GAAP financial measures are not based on a comprehensive set of accounting rules or principles and some of the adjustments reflect the exclusion of items that are recurring and will be reflected in the Company’s GAAP financial results for the foreseeable future.

Exclusions from GAAP Results

The Company excludes the following from its GAAP results in presenting non-GAAP financial measures:

—Gold metal cost.The Company’s GAAP net revenue and cost of sales include the value of the gold metal content of wire. The cost of gold metal that is passed-through to customers is excluded from non-GAAP net revenue and cost of sales. Fabrication charges and profit on gold metal are not excluded. The Company believes that excluding the large impact of passed-through gold cost can provide investors with greater visibility into the Company’s profit margin percentages.

— Equity-based compensation expenses. In accordance with Statement of Financial Accounting Standards (“SFAS”) No. 123R,Share Based Payments, the Company recognizes the fair value of its equity-based compensation in expenses. Equity-based compensation consists of common stock, stock options and performance-based restricted stock granted under the Company’s equity compensation plans. Equity-based compensation is a non-cash expense that can vary significantly in amount from period to period.

— Other. The exclusion of certain other non-GAAP amounts allows for improved comparisons of the Company’s results to both prior periods and other companies. The Company excludes the following other items from non-GAAP measures as these items are not reflective of the performance of the Company’s ongoing businesses:

• U.S. pension plan termination, and;

• Amortization of intangibles.

—Tax Adjustment.Non-GAAP measures are tax adjusted using the GAAP tax rate associated with each quarterly period. The tax rate is calculated by dividing each quarter’s GAAP tax expense by the GAAP net income for that quarter. Non-GAAP year-to-date measures are calculated by summing the associated quarterly non-GAAP measures, without further tax adjustments.

Non-GAAP Measures

The specific non-GAAP measures included herein are net revenue, gross profit, gross margin, net income, net margin, and EPS. The Company calculates these measures as follows:

—Net Revenue. K&S non-GAAP net revenue excludes gold metal cost that is passed-through to customers.

—Gross Profit. K&S non-GAAP gross profit excludes the effects of equity-based compensation expense recorded within cost of sales. K&S non-GAAP gross profit is not affected by the exclusion of its gold metal cost from its net revenue since the same gold metal cost is also excluded from cost of sales.

—Gross Margin. K&S non-GAAP gross margin excludes the impact of gold metal cost and equity-based compensation expenses recorded within cost of sales.

—Net Income and Earnings per Share. K&S non-GAAP net income and EPS exclude equity-based compensation expenses, amortization of intangibles, U.S pension plan termination charge, gains on debt extinguishment, and related tax effects.

—Net Margin. Non-GAAP net margin reflects the Company’s net margin excluding gold metal cost, equity-based compensation, amortization of intangibles, U.S pension plan termination charge, gains on debt extinguishment, and related tax effects.

About Kulicke & Soffa

Kulicke & Soffa (NASDAQ: KLIC) is the world’s leading supplier of semiconductor assembly equipment, materials, and technology. K&S provides wire bonders, capillaries, wire, die bonders, and die collets for all

3

types of semiconductor packages using wire as the internal electrical interconnections. K&S is the only major supplier to the semiconductor assembly industry that provides customers with semiconductor assembly equipment along with the complementing packaging materials and process technology that enable our customers to achieve the highest possible yields and throughput. The ability to provide these assembly related products is unique to Kulicke & Soffa, and allows us to develop system solutions to the new technology challenges inherent in assembling and packaging next-generation semiconductor devices. Kulicke & Soffa’s web site address ishttp://www.kns.com.

Caution Concerning Forward Looking Statements

In addition to historical statements, this press release contains statements relating to future events and our future results. These statements are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, and include, but are not limited to, statements that relate to a future cyclical industry upturn, our future revenue, sales, profitability, financial results, strength of our balance sheet, and product development. While these forward-looking statements represent our judgments and future expectations concerning our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to: the risk of failure to successfully manage our operations; the risk that anticipated orders may not materialize or that orders received may be postponed or canceled, generally without charges; the volatility in the demand for semiconductors and our products and services; the risk that we may not be able to develop and manufacture new products and product enhancements on a timely and cost effective basis; acts of terrorism and violence; overall global economic conditions; risks, such as changes in trade regulations, currency fluctuations, political instability and war, associated with a substantial foreign customer and supplier base and substantial foreign manufacturing operations; potential instability in foreign capital markets; and the factors listed or discussed in Kulicke and Soffa Industries, Inc. 2007 Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission. Kulicke & Soffa Industries is under no obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

Investor Contact:

Geoff Grande, CFA

FD Ashton Partners

P: (617) 747 1721

F: (617) 747 1711

geoff.grande@fdashtonpartners.com

# # #

KULICKE & SOFFA INDUSTRIES, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share and employee data)

(Unaudited)

	Three months ended						Nine months ended
	June 30, 2007			June 28, 2008			June 30, 2007			June 28, 2008
Net revenue	$	168,625		$	180,119		$	463,647		$	582,709
Cost of sales		125,832			143,380			350,454			451,722
Gross profit		42,793			36,739			113,193			130,987
Selling, general and administrative		25,106			23,099			69,667			70,326
Research and development		12,711			15,440			37,066			46,483
U.S. pension plan termination		—			—			—			9,152
Total operating expenses		37,817			38,539			106,733			125,961
Income (loss) from operations		4,976			(1,800	)		6,460			5,026
Interest income		1,827			968			4,793			3,728
Interest expense		(712	)		(850	)		(1,952	)		(2,607	)
Gain on extinguishment of debt		—			—			—			170
Income (loss) from operations before income taxes		6,091			(1,682	)		9,301			6,317
Provision (benefit) for income taxes		571			115			1,822			(2,114	)
Net income (loss)	$	5,520		$	(1,797	)	$	7,479		$	8,431
Net income (loss) per share:
Basic	$	0.10		$	(0.03	)	$	0.13		$	0.16
Diluted	$	0.08		$	(0.03	)	$	0.12		$	0.15
Weighted average shares outstanding:
Basic		56,456			53,528			57,112			53,392
Diluted		68,951			53,528			69,460			62,297
Equity-based compensation expense:
Cost of sales	$	58		$	58		$	191		$	187
Selling, general and administrative		1,488			884			3,316			3,198
Research and development		348			234			1,246			1,250
Total	$	1,894		$	1,176		$	4,753		$	4,635
	Three months ended						Nine months ended
	June 30, 2007			June 28, 2008			June 30, 2007			June 28, 2008
Additional financial data:
Depreciation and amortization	$	2,674		$	2,410		$	7,440		$	7,471
Capital expenditures	$	1,430		$	1,620		$	3,737		$	6,425
							June 30, 2007			June 28, 2008
Backlog of orders								107,000			84,000
Number of employees								2,778			2,743

KULICKE & SOFFA INDUSTRIES, INC.

CONSOLIDATED BALANCE SHEETS

(In thousands)

	September 29, 2007			(Unaudited) June 28, 2008
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	150,571		$	164,196
Restricted cash		—			10,000
Short-term investments		19,339			8,560
Accounts and notes receivable, net of allowance for doubtful accounts of $1,713 and $1,581 respectively		177,512			146,138
Inventories, net		68,955			71,326
Prepaid expenses and other current assets		14,201			16,438
Deferred income taxes		3,631			3,533
TOTAL CURRENT ASSETS		434,209			420,191
Property, plant and equipment, net		37,953			40,763
Goodwill		33,212			32,393
Intangible assets		500			469
Other assets		6,726			6,663
TOTAL ASSETS	$	512,600		$	500,479
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Current portion of long term debt	$	���		$	72,412
Accounts payable		82,615			54,176
Accrued expenses		37,170			29,383
Income taxes payable		22,665			278
TOTAL CURRENT LIABILITIES		142,450			156,249
Long term debt		251,412			175,000
Other liabilities		12,335			40,260
Deferred income taxes		23,148			22,860
TOTAL LIABILITIES		429,345			394,369
SHAREHOLDERS’ EQUITY
Common stock, no par value		288,714			294,802
Treasury stock, at cost		(46,118	)		(46,118	)
Accumulated deficit		(154,094	)		(144,856	)
Accumulated other comprehensive income (loss)		(5,247	)		2,282
TOTAL SHAREHOLDERS’ EQUITY		83,255			106,110
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	512,600		$	500,479

KULICKE & SOFFA INDUSTRIES, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited)

	Three months ended						Nine months ended
	June 30, 2007			June 28, 2008			June 30, 2007			June 28, 2008
Net cash provided by (used in) continuing operations	$	4,353		$	13,396		$	6,324		$	24,247
Net cash used in discontinued operations		(519	)		(471	)		(2,730	)		(1,204	)
Net cash provided by (used in) operating activities		3,834			12,925			3,594			23,043
Net cash used in investing activities		(876	)		(790	)		(32,891	)		(5,600	)
Net cash provided by (used in) financing activities		67,940			225			70,523			(3,287	)
Effect of exchange rate changes on cash and cash equivalents		(80	)		89			155			(531	)
Changes in cash and cash equivalents		70,818			12,449			41,381			13,625
Cash and cash equivalents, beginning of period		104,530			151,747			133,967			150,571
Cash and cash equivalents, end of period	$	175,348		$	164,196		$	175,348		$	164,196
Short-term investments		24,210			8,560			24,210			8,560
Restricted cash		—			10,000			—			10,000
Total Cash, cash equivalents, restricted cash and short-term investments	$	199,558		$	182,756		$	199,558		$	182,756

KULICKE & SOFFA INDUSTRIES, INC.

OPERATING RESULTS BY BUSINESS SEGMENT

(In thousands)

(Unaudited)

Fiscal 2008:

	Equipment Segment			Packaging Materials Segment		Consolidated
Three months ended June 28, 2008:
Net revenue	$	59,043		$	121,076	$	180,119
Cost of sales		35,949			107,431		143,380
Gross profit		23,094			13,645		36,739
Operating expenses		28,961			9,578		38,539
Income (loss) from operations	$	(5,867	)	$	4,067	$	(1,800	)
Nine months ended June 28, 2008:
Net revenue	$	224,061		$	358,648	$	582,709
Cost of sales		136,529			315,193		451,722
Gross profit		87,532			43,455		130,987
Operating expenses		86,908			29,901		116,809
U.S. pension plan termination		9,152			—		9,152
Income (loss) from operations	$	(8,528	)	$	13,554	$	5,026
Fiscal 2007:
	Equipment Segment			Packaging Materials Segment		Consolidated
Three months ended June 30, 2007:
Net revenue	$	72,858		$	95,767	$	168,625
Cost of sales		42,605			83,227		125,832
Gross profit		30,253			12,540		42,793
Operating expenses		28,715			9,102		37,817
Income from operations	$	1,538		$	3,438	$	4,976
Nine months ended June 30, 2007:
Net revenue	$	180,073		$	283,574	$	463,647
Cost of sales		105,203			245,251		350,454
Gross profit		74,870			38,323		113,193
Operating expenses		79,974			26,759		106,733
Income (loss) from operations	$	(5,104	)	$	11,564	$	6,460

KULICKE & SOFFA INDUSTRIES, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS—SUMMARY

COMPARISON OF GAAP RESULTS TO NON-GAAP MEASURES

(In thousands, except share amounts)

(Unaudited)

	Three months ended June 30,		Three months ended June 28,			Nine months ended June 30,		Nine months ended June 28,
	2007		2008			2007		2008
	(GAAP results)
Net revenue	$	168,625	$	180,119		$	463,647	$	582,709
Gross profit		42,793		36,739			113,193		130,987
Income (loss) from operations		4,976		(1,800	)		6,460		5,026
Net income (loss)		5,520		(1,797	)		7,479		8,431
Weighted average shares outstanding:
Basic		56,456		53,528			57,112		53,392
Diluted		68,951		53,528			69,460		62,297
Net income (loss) per share
Basic	$	0.10	$	(0.03	)		0.13		0.16
Diluted	$	0.08	$	(0.03	)		0.12		0.15
	(Non-GAAP measures)
Net revenue	$	94,601	$	83,233		$	246,996	$	299,240
Gross profit		42,851		36,797			113,384		131,174
Income (loss) from operations		6,733		(585	)		11,149		18,958
Net income (loss)		7,112		(665	)		11,471		17,645
Weighted average shares outstanding:
Basic		56,456		53,528			57,112		53,392
Diluted		68,951		53,528			69,460		62,297
Net income (loss) per share
Basic	$	0.13	$	(0.01	)		0.20		0.33
Diluted	$	0.11	$	(0.01	)		0.18		0.29

KULICKE & SOFFA INDUSTRIES, INC.

OPERATING RESULTS BY BUSINESS SEGMENT—SUMMARY

COMPARISON OF GAAP RESULTS TO NON-GAAP MEASURES

(In thousands)

(Unaudited)

	Equipment Segment			Packaging Materials Segment		Consolidated
Fiscal 2008:
Three months ended June 28, 2008:
				(GAAP results)
Net revenue	$	59,043		$	121,076	$	180,119
Gross profit		23,094			13,645		36,739
Income (loss) from operations		(5,867	)		4,067		(1,800	)
				(Non-GAAP measures)
Net revenue	$	59,043		$	24,190	$	83,233
Gross profit		23,126			13,671		36,797
Income (loss) from operations		(4,955	)		4,370		(585	)
Nine months ended June 28, 2008:
				(GAAP results)
Net revenue	$	224,061		$	358,648	$	582,709
Gross profit		87,532			43,455		130,987
Income (loss) from operations		(8,528	)		13,554		5,026
				(Non-GAAP measures)
Net revenue	$	224,061		$	75,179	$	299,240
Gross profit		87,635			43,539		131,174
Income from operations		4,338			14,620		18,958
Fiscal 2007:
Three months ended June 30, 2007:
				(GAAP results)
Net revenue	$	72,858		$	95,767	$	168,625
Gross profit		30,253			12,540		42,793
Income from operations		1,538			3,438		4,976
				(Non-GAAP measures)
Net revenue	$	72,858		$	21,743	$	94,601
Gross profit		30,283			12,568		42,851
Income from operations		2,910			3,823		6,733
Nine months ended June 30, 2007:
				(GAAP results)
Net revenue	$	180,073		$	283,574	$	463,647
Gross profit		74,870			38,323		113,193
Income (loss) from operations		(5,104	)		11,564		6,460
				(Non-GAAP measures)
Net revenue	$	180,073		$	66,923	$	246,996
Gross profit		74,958			38,426		113,384
Income (loss) from operations		(1,543	)		12,692		11,149

KULICKE & SOFFA INDUSTRIES, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

RECONCILIATION OF GAAP RESULTS TO NON-GAAP MEASURES

(In thousands, except share amounts)

(Unaudited)

	Three months ended June 30,			% of Revenue		Three months ended June 28,			% of Revenue		Nine months ended June 30,			% of Revenue		Nine months ended June 28,			% of Revenue
	2007					2008					2007					2008
Net revenue (GAAP results)	$	168,625				$	180,119				$	463,647				$	582,709
- Gold Metal adjustment		(74,024	)				(96,886	)				(216,651	)				(283,469	)
Net revenue (Non-GAAP measures)		94,601					83,233					246,996					299,240
Gross profit (GAAP results)		42,793		25.4	%		36,739		20.4	%		113,193		24.4	%		130,987		22.5	%
- Equity-based compensation expense		58					58					191					187
Gross profit (Non-GAAP measures)		42,851		45.3	%		36,797		44.2	%		113,384		45.9	%		131,174		43.8	%
Income (loss) from operations (GAAP results)		4,976		3.0	%		(1,800	)	-1.0	%		6,460		1.4	%		5,026		0.9	%
- Equity-based compensation expense		1,714					1,176					4,573					4,635
- U.S. pension plan termination		—					—					—					9,152
- Amortization of intangibles		43					39					116					145
Income (loss) from operations (Non-GAAP measures)		6,733		7.1	%		(585	)	-0.7	%		11,149		4.5	%		18,958		6.3	%
Net income (loss) (GAAP results)		5,520		3.3	%		(1,797	)	-1.0	%		7,479		1.6	%		8,431		1.4	%
- Equity-based compensation expense		1,714					1,176					4,573					4,635
- U.S. pension plan termination		—					—					—					9,152
- Amortization of intangibles		43					39					116					145
- Gain on extinguishment of debt		—					—					—					(170	)
- Tax effect of non-GAAP adjustments		(165	)				(83	)				(697	)				(4,548	)
Net income (loss) (Non-GAAP measures)		7,112		7.5	%		(665	)	-0.8	%		11,471		4.6	%		17,645		5.9	%
Weighted average shares outstanding (GAAP & Non-GAAP)
Basic		56,456					53,528					57,112					53,392
Diluted		68,951					53,528					69,460					62,297
Net income (loss) per share (GAAP results)
Basic	$	0.10				$	(0.03	)			$	0.13				$	0.16
Diluted	$	0.08				$	(0.03	)			$	0.12				$	0.15
Adjustments to net income per share
Basic	$	0.03				$	0.02				$	0.07				$	0.17
Diluted	$	0.03				$	0.02				$	0.06				$	0.14
Net income (loss) per share (Non-GAAP measures)
Basic	$	0.13				$	(0.01	)			$	0.20				$	0.33
Diluted	$	0.11				$	(0.01	)			$	0.18				$	0.29

KULICKE & SOFFA INDUSTRIES, INC.

OPERATING RESULTS BY BUSINESS SEGMENT

RECONCILIATION OF GAAP RESULTS TO NON-GAAP MEASURES

(In thousands)

(Unaudited)

	Equipment Segment			% of Revenue		Packaging Materials Segment			% of Revenue		Consolidated
Fiscal 2008:
Three months ended June 28, 2008:
Net revenue (GAAP results)	$	59,043				$	121,076				$	180,119
- Gold metal adjustment		—					(96,886	)				(96,886	)
Net revenue (Non-GAAP measures)		59,043					24,190					83,233
Gross profit (GAAP results)		23,094		39.1	%		13,645		11.3	%		36,739
- Equity-based compensation expense		32					26					58
Gross profit (Non-GAAP measures)		23,126		39.2	%		13,671		56.5	%		36,797
Income (loss) from operations (GAAP results)		(5,867	)	-9.9	%		4,067		3.4	%		(1,800	)
- Equity-based compensation expense		873					303					1,176
- Amortization of intangibles		39					—					39
Income (loss) from operations (Non-GAAP measures)		(4,955	)	-8.4	%		4,370		18.1	%		(585	)
Fiscal 2007:
Three months ended June 30, 2007:
Net revenue (GAAP results)	$	72,858				$	95,767				$	168,625
- Gold metal adjustment		—					(74,024	)				(74,024	)
Net revenue (Non-GAAP measures)		72,858					21,743					94,601
Gross profit (GAAP results)		30,253		41.5	%		12,540		13.1	%		42,793
- Equity-based compensation expense		30					28					58
Gross profit (Non-GAAP measures)		30,283		41.6	%		12,568		57.8	%		42,851
Income from operations (GAAP results)		1,538		2.1	%		3,438		3.6	%		4,976
- Equity-based compensation expense		1,329					385					1,714
- Amortization of intangibles		43					—					43
Income from operations (Non-GAAP measures)		2,910		4.0	%		3,823		17.6	%		6,733
Fiscal 2008:
Nine months ended June 28, 2008:
Net revenue (GAAP results)		224,061					358,648					582,709
- Gold metal adjustment		—					(283,469	)				(283,469	)
Net revenue (Non-GAAP measures)		224,061					75,179					299,240
Gross profit (GAAP results)		87,532		39.1	%		43,455		12.1	%		130,987
- Equity-based compensation expense		103					84					187
Gross profit (Non-GAAP measures)		87,635		39.1	%		43,539		57.9	%		131,174
Income (loss) from operations (GAAP results)		(8,528	)	-3.8	%		13,554		3.8	%		5,026
- Equity-based compensation expense		3,569					1,066					4,635
- U.S. pension plan termination		9,152					—					9,152
- Amortization of intangibles		145					—					145
Income from operations (Non-GAAP measures)		4,338		1.9	%		14,620		19.4	%		18,958
Fiscal 2007:
Nine months ended June 30, 2007:
Net revenue (GAAP results)		180,073					283,574					463,647
- Gold metal adjustment		—					(216,651	)				(216,651	)
Net revenue (Non-GAAP measures)		180,073					66,923					246,996
Gross profit (GAAP results)		74,870		41.6	%		38,323		13.5	%		113,193
- Equity-based compensation expense		88					103					191
Gross profit (Non-GAAP measures)		74,958		41.6	%		38,426		57.4	%		113,384
Income (loss) from operations (GAAP results)		(5,104	)	-2.8	%		11,564		4.1	%		6,460
- Equity-based compensation expense		3,445					1,128					4,573
- Amortization of intangibles		116					—					116
Income (loss) from operations (Non-GAAP measures)		(1,543	)	-0.9	%		12,692		19.0	%		11,149