RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(In thousands, except per share data)
(Unaudited)
| Three Months Ended | ||||||||||||||||
|
December 27,
2014 |
September 27,
2014 |
June 28,
2014 |
March 29,
2014 | |||||||||||||
| GAAP operating income (loss) | $ | 103,635 | $ | 75,256 | $ | 46,120 | $ | (742 | ) | |||||||
| Share-based compensation expense | 4,119 | 9,543 | 9,169 | 5,151 | ||||||||||||
| Amortization of intangible assets | 5,467 | 6,801 | 6,966 | 7,455 | ||||||||||||
| Impairment of intangibles | — | — | — | 11,300 | ||||||||||||
| Restructuring and disposal costs | 224 | 262 | 1,315 | 4,302 | ||||||||||||
| IPR litigation costs | 189 | 1,992 | 6,014 | 2,519 | ||||||||||||
| Acquisition and integration related costs | 7,548 | 5,461 | 8,453 | 2,228 | ||||||||||||
| Start-up costs | — | 211 | 115 | — | ||||||||||||
| Other expenses (including loss (gain) on assets and other non-cash expenses) | 270 | 565 | 730 | 1,392 | ||||||||||||
| Non-GAAP operating income | $ | 121,452 | $ | 100,091 | $ | 78,882 | $ | 33,605 | ||||||||
| GAAP net income (loss) | $ | 87,863 | $ | 63,311 | $ | 38,647 | $ | (1,046 | ) | |||||||
| Share-based compensation expense | 4,119 | 9,543 | 9,169 | 5,151 | ||||||||||||
| Amortization of intangible assets | 5,467 | 6,801 | 6,966 | 7,455 | ||||||||||||
| Impairment of intangibles | — | — | — | 11,300 | ||||||||||||
| Restructuring and disposal costs | 224 | 262 | 1,315 | 4,302 | ||||||||||||
| IPR litigation costs | 189 | 1,992 | 6,014 | 2,519 | ||||||||||||
| Acquisition and integration related costs | 7,548 | 5,461 | 8,453 | 2,228 | ||||||||||||
| Start-up costs | — | 211 | 115 | — | ||||||||||||
| Other expenses (including loss (gain) on assets and other non-cash expenses ) | 270 | 565 | 730 | 1,392 | ||||||||||||
| Non-cash interest expense on convertible subordinated notes | — | — | 240 | 1,361 | ||||||||||||
| Gain on investment | — | — | — | (398 | ) | |||||||||||
| Adjustment of income taxes for cash basis | 2,723 | 1,828 | (321 | ) | (903 | ) | ||||||||||
| Non-GAAP net income | $ | 108,403 | $ | 89,974 | $ | 71,328 | $ | 33,361 | ||||||||
| GAAP weighted average outstanding diluted shares | 74,454 | 74,134 | 73,659 | 70,651 | ||||||||||||
| Diluted share-based awards | — | — | — | 1,726 | ||||||||||||
| Non-GAAP weighted average outstanding diluted shares | 74,454 | 74,134 | 73,659 | 72,377 | ||||||||||||
| Non-GAAP net income per share, diluted | $ | 1.46 | $ | 1.21 | $ | 0.97 | $ | 0.46 | ||||||||
