Lattice Semiconductor Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported revenue of $70,170,000 against $73,080,000 for the three months ended January 1, 2011. Income from operations was $5,624,000 against $13,461,000 for the three months ended January 1, 2011. Net income was $40,945,000 or $0.34 diluted per share against $13,879,000 or $0.11 diluted per share for the three months ended January 1, 2011. Income before provision for income taxes was $5,879,000 against $14,019,000 for the three months ended January 1, 2011. The company spent approximately $4.3 million on capita expenditures. The company generated an additional $10.3 million of cash from operation ending the quarter with cash. For the year, the company reported revenue of $318,366,000 against $297,768,000 for the year ended January 1, 2011. Income from operations was $41,289,000 against $55,129,000 for the year ended January 1, 2011. Net income was $78,232,000 or $0.65 diluted per share against net income of $57,072,000 or $0.48 diluted per share for the year ended January 1, 2011. Income before provision for income taxes was $42,723,000 against $57,603,000 for the year ended January 1, 2011. For the first quarter of 2012, the company expects revenue to increase approximately 1% to 5% on a sequential basis. Gross margin percentage is expected to be approximately 57% plus or minus 2%. Income will be affected by a tax provision of approximately $10.8 million primarily associated with the completion of the company's new global tax structure.