The table below provides a bridge between 2012 full year net revenues, gross profit, gross margin, adjusted non-GAAP operating expense and adjusted non-GAAP operating income to 2013 guidance, after the adjustments to the 2012 base described in the Outlook for 2013.

                       
(amounts in millions, except percents)    

2012 Full Year Results (b)
   

Adjustments to 2012
   

2012 After Adjustments
   

2013 Guidance Midpoint
   

Variance 2013 Guidance vs. 2012 After Adjustments
   

% Change noted under “Outlook for 2013”
Net revenues (c) $ 690.8 $ (22.0 ) $ 668.8 $ 675.0 $ 6.2 0.9 %
 
Gross profit (d) $ 270.8 $ (7.6 ) $ 263.2 $ 285.5 $ 22.3
Gross margin 39.2 % 39.4 % 42.3 %

290 basispoints
 
Adjusted non-GAAP operating expense (a) $ 262.1 $ 3.1 $ 265.2 $ 238.0 $ (27.2 ) (10.3 )%
 
Adjusted non-GAAP operating income     $ 8.7       $ (10.7 )     $ (2.0 )     $ 47.6       $ 49.6        
 

The table below provides a bridge between the midpoint of 2012 guidance and the midpoint of 2013 guidance, after the adjustments to the 2012 base described in the Outlook for 2013 for full year net revenues, gross profit, gross margin and adjusted non-GAAP operating expense.
                       
(amounts in millions, except percents)    

2012 Guidance Midpoint (b)
   

Adjustments to 2012
   

2012 Guidance After Adjustments
   

2013 Guidance Midpoint
   

Variance 2013 Guidance vs. 2012 After Adjustments
   

%Change noted under “Outlook for 2013”
Net revenues (c) $ 678.5 $ (22.0 ) $ 656.5 $ 675.0 $ 18.5 2.8 %
 
Gross profit (d) $ 267.8 $ (7.6 ) $ 260.2 $ 285.5 $ 25.3
Gross margin 39.5 % 39.6 % 42.3 %

270 basispoints
 
Adjusted non-GAAP operating expense (e)     $ 260.3       $ 3.1       $ 263.4       $ 238.0       $ (25.4 )     (9.6 )%
 

(a) Adjusted non-GAAP operating expense for the full year 2012 is derived by the difference between gross profit and adjusted non-GAAP operating income.

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