Item 6. SELECTED FINANCIAL DATA.
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Item 6. SELECTED FINANCIAL DATA.
The information set forth below for the five years ended September 30, 2016, is not necessarily indicative of results of future operations, and should be read in conjunction with Part II, Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations, and our consolidated financial statements and related notes included in Part II, Item 8 of this Annual Report on Form 10-K to fully understand factors that may affect the comparability of the information presented below. Our fiscal year ends on the Friday closest to September 30. Fiscal 2016, 2015, 2013, and 2012 each consisted of 52 weeks and ended on September 30, 2016, October 2, 2015, September 27, 2013, and September 28, 2012, respectively. Fiscal 2014 consisted of 53 weeks and ended on October 3, 2014.
The following table represents the selected financial data (in millions, except per share data):
| Fiscal Years Ended | |||||||||||||||||||
| Statement of Operations Data: | September 30, 2016 (1) | October 2, 2015 | October 3, 2014 | September 27, 2013 | September 28, 2012 | ||||||||||||||
| Net revenue | $ | 3,289.0 | $ | 3,258.4 | $ | 2,291.5 | $ | 1,792.0 | $ | 1,568.6 | |||||||||
| Operating income | $ | 1,118.7 | $ | 1,023.1 | $ | 565.2 | $ | 345.1 | $ | 255.6 | |||||||||
| Operating margin | 34.0 | % | 31.4 | % | 24.7 | % | 19.3 | % | 16.3 | % | |||||||||
| Net income | $ | 995.2 | $ | 798.3 | $ | 457.7 | $ | 278.1 | $ | 202.0 | |||||||||
| Earnings per share: | |||||||||||||||||||
| Basic | $ | 5.27 | $ | 4.21 | $ | 2.44 | $ | 1.48 | $ | 1.09 | |||||||||
| Diluted | $ | 5.18 | $ | 4.10 | $ | 2.38 | $ | 1.45 | $ | 1.05 | |||||||||
| Cash dividends declared per share | $ | 1.06 | $ | 0.65 | $ | 0.22 | $ | — | $ | — | |||||||||
| As of | |||||||||||||||||||
| Balance Sheet Data: | September 30, 2016 (1) | October 2, 2015 | October 3, 2014 | September 27, 2013 | September 28, 2012 | ||||||||||||||
| Working capital | $ | 1,791.9 | $ | 1,450.8 | $ | 1,131.6 | $ | 893.6 | $ | 700.6 | |||||||||
| Property, plant and equipment, net | $ | 806.3 | $ | 826.4 | $ | 555.9 | $ | 328.6 | $ | 279.4 | |||||||||
| Total assets | $ | 3,855.4 | $ | 3,719.4 | $ | 2,973.8 | $ | 2,333.1 | $ | 2,136.6 | |||||||||
| Stockholders’ equity | $ | 3,541.4 | $ | 3,159.2 | $ | 2,532.4 | $ | 2,101.1 | $ | 1,905.5 |
(1) Fiscal 2016 net income and earnings per share include other income of $88.5 million related to the receipt of the PMC-Sierra merger termination fee.
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