Mentor Graphics Reports Fiscal First Quarter Results and Announces Quarterly Dividend

 

MENTOR GRAPHICS CORPORATION

UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP

EARNINGS PER SHARE

       
The following table reconciles management's estimates of the specific items excluded from GAAP in the calculation of estimated non-GAAP net income per share for Q2'16 and fiscal year 2016.
 
 
 
Estimated Estimated
Q2'16 FY'16
Diluted GAAP net income per share $ 0.03 $ 1.18
Non-GAAP adjustments:
Amortization of purchased technology (1) 0.02 0.06
Amortization of other identified intangible assets (2) 0.02 0.07
Equity plan-related compensation (3) 0.09 0.35
Special Charges (4) 0.00 0.31
Other income (expense), net and interest expense (5) 0.01 0.06
Non-GAAP income tax effects (6) (0.03 ) (0.14 )
Noncontrolling interest (7) 0.00 (0.01 )
   
Diluted non-GAAP net income per share $ 0.14   $ 1.88  
             
(1)     Excludes amortization of purchased technology resulting from acquisitions. Purchased technology is amortized over two to five years.
(2) Excludes amortization of other identified intangible assets including trade names, customer relationships, and backlog resulting from acquisition transactions. Other identified intangible assets are amortized generally over two to five years.
(3) Excludes equity plan-related compensation expense for the fair value of all share-based payments to employees for stock options and restricted stock units, and purchases made as a result of the employee stock purchase plans.
(4) Excludes special charges consisting primarily of costs incurred for the voluntary early retirement program, employee rebalances, which includes severance benefits, notice pay, and outplacement services, and certain litigation costs. Full year adjustment represents the impact of actual special charges for the three months ended April 30, 2015 as we do not provide guidance for special charges.
(5) Excludes amortization of original issuance debt discount, and income (loss) from an investment accounted for under the equity method of accounting.
(6) Non-GAAP income tax expense adjustment reflects the application of our assumed normalized effective 19% tax rate, instead of our GAAP tax rate, to our non-GAAP pre-tax income.
(7) Adjustment for the impact of amortization of intangible assets, equity plan-related compensation, and income tax expense on noncontrolling interest.
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »



Review Article Be the first to review this article
Downstream : Solutuions for Post processing PCB Designs

Aldec

Featured Video
Jobs
Senior Software Engineer for Abaco Systems Inc at Huntsville, Alabama
Mid to Senior Level Electrical Engineer for Gordon Prill, Inc at Santee, California
Technical Marketing Engineer   Germany or UK  for EDA Careers at Flexible, United Kingdom
Principal Engineer, Firmware Engineering for Western Digital at Milpitas, California
Upcoming Events
SEMICON Japan 2019 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2019
VLSID 2020 at The Leela Palace 23, HAL Old Airport Rd, HAL 2nd Stage, Kodihalli, Bengaluru India - Jan 4 - 8, 2020
CES 2020 at LAS VEGAS NV - Jan 7 - 10, 2020
RWW 2020 at San Antonio TX - Jan 26 - 29, 2020
DownStream: Solutions for Post Processing PCB Designs
Verific: SystemVerilog & VHDL Parsers
TrueCircuits: UltraPLL



Internet Business Systems © 2019 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise