ANSYS Reports Q2 2008 Financial Results

ANSYS, INC. AND SUBSIDIARIES

Reconciliation of Non-GAAP Measures
For the three months ended June 30, 2008
(in thousands, except percentages and per share data)
(Unaudited)

As Reported

Adjustments

Non-GAAP Results
Total revenue $ 111,246 $ 111,246
Operating income 43,854 $ 9,999 (1) 53,853
Operating profit margin 39.4% 48.4%
Net income $ 28,129 $ 6,575 (2) $ 34,704
Earnings per share diluted:
Diluted earnings per share $ 0.34 $ 0.42
Weighted average shares diluted 82,083 82,083
(1) Amount represents $6.8 million of amortization expense associated with intangible assets acquired in business acquisitions, including amounts primarily related to acquired software, customer list and non-compete agreements, and a $3.2 million charge for stock-based compensation.
(2) Amount represents the impact of the adjustments to operating income referred to in (1) above, adjusted for the related income tax impact of $3.4 million.

ANSYS, INC. AND SUBSIDIARIES

Reconciliation of Non-GAAP Measures
For the three months ended June 30, 2007
(in thousands, except per share data)
(Unaudited)

As Reported

Adjustments

Non-GAAP Results
Total revenue $ 92,211 $ 69 (1) $ 92,280
Operating income 30,396 9,671 (2) 40,067
Operating profit margin 33.0% 43.4%
Net income $18,256 $ 6,365 (3) $ 24,621
Earnings per share diluted:
Diluted earnings per share $ 0.23 $ 0.30
Weighted average shares diluted 80,886 80,886

(1)

Amount represents the revenue not reported during the period as a result of the purchase accounting adjustment associated with EITF 01-3, "Accounting in a Business Combination for Deferred Revenue of an Acquiree."
(2) Amount represents $7.5 million of amortization expense associated with intangible assets acquired in business acquisitions, including amounts primarily related to acquired software, customer list and non-compete agreements, a $2.1 million charge for stock-based compensation, as well as the $69,000 adjustment to revenue as reflected in (1) above.
(3) Amount represents the impact of the adjustments to operating income referred to in (2) above, adjusted for the related income tax impact of $3.3 million.

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



Review Article Be the first to review this article
Aldec


Featured Video
Latest Blog Posts
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
Functional Safety and Security in Embedded Systems
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
Phil Kaufman Award Goes on Hiatus for 2020
Colin WallsEmbedded Software
by Colin Walls
Why develop embedded software bottom up?
Jobs
Wireless ASIC Design Engineer for Apple Inc at Cupertino, California
Principle Digital Design ASIC Manager for EDA Careers at RTP, North Carolina
Test Engineer for Marvell Semiconductor at Santa Clara, California
Product Line Manager for EDA Careers at Multiple, North Carolina
ASIC Engineer for Amazon at seattle, Washington
Senior Application Engineer Formal Verification for EDA Careers at San Jose and Austin, California
Upcoming Events
Accellera Day India 2020 at Online Event India - Dec 2 - 3, 2020
RISC-V Summit 2020. at United States - Dec 7 - 10, 2020
SEMICON Japan 2020 Goes Virtual at Japan - Dec 11 - 18, 2020
IPC APEX EXPO 2021 at San Diego Convention Center san diego - Mar 6 - 11, 2021
TrueCircuits:



© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+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