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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form 10 - Q/A-1
[X] Quarterly Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
for the quarterly period ended September 30, 1997
[ ] Transition report pursuant to
Section 13 or 15(d) of the
Securities Exchange Act of
1934.
For the Transition Period From to
Commission File Number 0-19084
PMC-Sierra, Inc.
(Exact name of registrant as specified in its charter)
A Delaware Corporation - I.R.S. NO. 94-2925073
105-8555 BAXTER PLACE
BURNABY, BRITISH COLUMBIA, V5A 4V7
CANADA
Telephone (604) 415-6000
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such period that the registrant was required to
file such reports), and (2) has been subject to such filing requirements for the
past 90 days.
Yes ___X____ No _______
Common shares outstanding at September 30, 1997 - 29,653,061
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<PAGE>
EXPLANATORY NOTE
This amendment to the quarterly report on Form 10-Q for the quarter ended
September 30, 1997 is being filed for the purpose of revising the index to
Exhibits in Item 6(a).
<PAGE>
Part II - OTHER INFORMATION
Item 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits -
11 Calculation of earnings per share
27 Financial data schedule
99.A4 Amendment, effective July 21, 1997, to Option
Agreement among Sierra Semiconductor Corporation,
PMC-Sierra, Inc., and Taiwan Semiconductor
Manufacturing Corporation*
(b) Reports on Form 8-K -
A Current Report on Form 8-K was filed on
August 8, 1997 to disclose the Company's name change
and the change of its legal domicile from California
to Delaware.
* Confidential portions of the Exhibit have been omitted and filed separately
with the Securities Exchange Commission pursuant to a request for confidential
treatment.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PMC-SIERRA, INC.
(Registrant)
Date: November 21, 1997 /s/ Robert L. Bailey
----------------- -------------------------------------
Robert L. Bailey
Chief Executive Officer and President
Date: November 21, 1997 /s/ John Sullivan
----------------- -------------------------------------
John Sullivan
Vice President, Finance
Chief Financial Officer(Principal
Accounting Officer)
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<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JUL-01-1997
<PERIOD-END> SEP-30-1997
<CASH> 22,358
<SECURITIES> 44,702
<RECEIVABLES> 10,270
<ALLOWANCES> 0
<INVENTORY> 2,670
<CURRENT-ASSETS> 83,578
<PP&E> 37,067
<DEPRECIATION> (19,792)
<TOTAL-ASSETS> 147,457
<CURRENT-LIABILITIES> 36,279
<BONDS> 0
0
0
<COMMON> 142,539
<OTHER-SE> (62,174)
<TOTAL-LIABILITY-AND-EQUITY> 147,457
<SALES> 27,815
<TOTAL-REVENUES> 27,815
<CGS> 6,058
<TOTAL-COSTS> 6,058
<OTHER-EXPENSES> 10,871
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (331)
<INCOME-PRETAX> 11,217
<INCOME-TAX> 3,926
<INCOME-CONTINUING> 7,291
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 7,291
<EPS-PRIMARY> 0.23
<EPS-DILUTED> 0.22
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