Micron Technology (MU)

[sps50]

I do not know about 1Q14, but 4Q13 had a few non-repeating writeoffs that lowered the eps then. That should make the 1Q14 eps easier to be higher.

In the fourth quarter of fiscal 2013, the company incurred charges in connection with a global workforce reduction. Separately,
the company wrote down the value of certain assets in connection with its plans to discontinue 200mm production in Israel and
exit the facility.
In the third quarter of fiscal 2013, the company discontinued the development activities of its Light-emitting Diode ("LED")
operations. In connection therewith, the company recognized a charge of $25 million primarily to write down certain production
assets used in the development of LED technology. In the third quarter of fiscal 2013, the company also restructured a
consortium agreement, which provides R&D and manufacturing activities to the company, with STMicroelectronics S.r.l. ("ST")
whereby certain assets and approximately 500 employees from the company's Agrate, Italy fabrication facility were transferred
to ST. In connection therewith, the company recognized a charge of $26 million in the third quarter of fiscal 2013.
From 4Q13 MU Financials online