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/First and final add -- SILICON GRAPHICS EARNINGS/

/First and final add -- SILICON GRAPHICS EARNINGS/
 SILICON GRAPHICS INC.
 CONSOLIDATED STATEMENT OF INCOME
 (in thousands except per share amounts)
 (UNAUDITED)
 Three Months Ended
 Dec. 31, Dec. 31, Sept. 30,
 1991 1990 1991
 Net revenues $188,017 $135,960 $151,737
 Costs and expenses:
 Cost of goods sold 90,250 62,092 71,001
 Research and development 22,760 15,691 18,847
 Selling, general and
 administrative 56,735 44,572 50,261
 Total costs and expenses 169,745 122,355 140,109
 Income from operations 18,272 13,605 11,628
 Interest and other 2,347 1,016 1,986
 Income before taxes 20,619 14,621 13,614
 Provision for income taxes 6,392 4,246 4,220
 Net income 14,227 10,375 9,394
 Preferred stock dividend
 requirement 1,687 -- 1,688
 Earnings available to common
 stockholders $12,540 $10,375 $7,706
 Earnings per common share $0.49 $0.49 $0.30
 Average common shares
 outstanding 25,786 21,984 25,352
 SILICON GRAPHICS INC.
 CONSOLIDATED STATEMENT OF INCOME
 (in thousands except per share amounts)
 (UNAUDITED)
 Six Months Ended
 Dec. 31, Dec. 31,
 1991 1990
 Net revenues $339,754 $251,762
 Costs and expenses:
 Cost of goods sold 161,251 110,993
 Research and development 41,607 30,029
 Selling, general and
 administrative 106,996 83,558
 Total costs and expenses 309,854 224,580
 Income from operations 29,900 27,182
 Interest and other 4,333 1,764
 Income before taxes 34,233 28,946
 Provision for income taxes 10,612 8,973
 Net income 23,621 19,973
 Preferred stock dividend
 requirement 3,375 --
 Earnings available to common
 stockholders $20,246 $19,973
 Earnings per common share $0.79 $0.93
 Average common shares
 outstanding 25,711 22,141
 SILICON GRAPHICS INC.
 CONDENSED CONSOLIDATED BALANCE SHEET
 (in thousands)
 Dec. 31, Dec. 31, June 30,
 1991 1990 1991
 (U N A U D I T E D)
 ASSETS
 Current assets:
 Cash and cash equivalents $183,470 $89,408 $135,312
 Short-term investments 56,044 -- 60,668
 Accounts receivable, net 181,976 138,562 164,714
 Inventories 86,088 66,561 91,406
 Prepaid expenses and
 other current assets 28,025 23,057 27,412
 Total current assets 535,603 317,588 479,512
 Long-term financial instruments 21,512 -- 38,285
 Property and equipment 151,080 102,662 130,614
 Accumulated depreciation and
 amortization (66,652) (44,365) (54,882)
 Net property and equipment 84,428 58,297 75,732
 Other assets 56,730 18,376 48,267
 $698,273 $394,261 $641,796
 LIABILITIES AND STOCKHOLDERS' EQUITY
 Current liabilities:
 Accounts payable and
 other accrued liabilities $95,572 $66,862 $88,930
 Long-term debt due
 within one year 956 2,456 2,706
 Deferred revenue 28,364 18,016 24,605
 Total current liabilities 124,892 87,334 116,241
 Accrued expenses, long-term 2,600 2,187 2,496
 Long-term debt due after one year 30,449 35,656 27,776
 Stockholders' equity:
 Preferred stock 166,682 33,997 166,686
 Common stock 22 18 21
 Additional paid-in capital 267,171 160,385 246,583
 Retained earnings 105,001 73,543 85,281
 Notes receivable from stockholders -- (71) --
 Accumulated translation adjustment 1,456 1,212 (3,288)
 Total stockholders' equity 540,332 269,084 495,283
 Total Liabilites and Stockholders'
 Equity $698,273 $394,261 $641,796
 The company has reclassified the presentation of certain prior period information to conform with the current presentation format.
 -0- 1/21/92 AA SJ005
 /CONTACT: Marilyn Lattin, 415-335-7070 (financial); or Jill Grossman 415-335-1516 (Media), both of Silicon Graphics Inc./
 (SGI) CO: Silicon Graphics Inc. ST: California IN: CPR SU: ERN


DG -- SJ005 -- 2132 01/21/92 17:57 EST
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Date:Jan 21, 1992
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