Case 3.3 Logitech International S.A. The following excerpts are from the Logitech International S.A. Form 10-K. LOGITECH INTERNATIONAL S.A. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) Year ended March 31, 2013 2012 2011 $ 2,099,883 1,392,581 707 302 $ 2,316,203 1,539,614 776,589 $ 2,362,886 1,526,380 836,506 423,854 162,331 118,423 420,580 156,390 116,880 Net sales Cost of goods sold Gross profit Operating expenses: Marketing and selling Research and development General and administrative Impairment of goodwill and other assets Restructuring charges Total operating expenses Operating income (loss) Interest income, net Other income (expense), net Income (loss.) before income taxes Provision for (benefit from) income taxes Net income (loss) Net income (los) per share Basic Diluted Shares used to compute net income (los) per share Basic Diluted Cash dividends share 431,598 153,922 113,824 216,688 43,704 959,736 (252,434) 907 (2,198) (253,725) (25,588) $(228.137) 704,608 71,981 2,674 16,622 91,277 19,819 71.458 693,850 142,656 2,316 3,476 148,448 19,988 $ 128,460 S S $ S 5 0,41 0.41 $ $ 0.73 0.72 158,468 158,468 0.85 174,645 175,591 176,928 178,790 S S per Question / (1 point) Income (Loss) before Income Taxes for 2011 as a percentage rounded to one decimal point (Example-34.2%) was: A Question 8 (1 point) Income (Loss) before Income Taxes for 2012 as a percentage rounded to one decimal point (Example-34.2%) was: A/ Question 9 (1 point) Income (Loss) before Income Taxes for 2013 as a percentage rounded to one decimal point with parentheses for negative amount (Example - (34.2%) was: Question 10 (1 point) Net Income (Loss) for 2011 as a percentage rounded to one decimal point (Example - 34.2%) was: Question 11 (1 point) Net Income (Loss) for 2012 as a percentage rounded to one decimal point (Example 34.2%) was: Question 12 (1 point) Net Income (Loss) for 2013 as a percentage rounded to one decimal point with parentheses for negative amount (Example - (34.21%) was