Reconciliation of net income to Non-GAAP net income (in thousands, unaudited): | ||||||||||||||||||||
Three Months Ended | Twelve Months Ended | |||||||||||||||||||
March 31, | March 31, | |||||||||||||||||||
2016 | 2015 | 2016 | 2015 | |||||||||||||||||
Net income | $ | 6,197 | $ | 7,796 | $ | 14,741 | $ | 23,740 | ||||||||||||
Amortization of intangible assets | 1,273 | 1,433 | 5,555 | 5,978 | ||||||||||||||||
Stock compensation expense | 814 | 740 | 3,343 | 2,867 | ||||||||||||||||
Tax on stock compensation expense | (82 | ) | (94 | ) | (1,245 | ) | (630 | ) | ||||||||||||
Non-GAAP net income | $ | 8,202 | $ | 9,875 | $ | 22,394 | $ | 31,955 | ||||||||||||
Reconciliation of net income per share, diluted to Non-GAAP net income per share, diluted (unaudited): | ||||||||||||||||||||
Three Months Ended | Twelve Months Ended | |||||||||||||||||||
March 31, | March 31, | |||||||||||||||||||
2016 | 2015 | 2016 | 2015 | |||||||||||||||||
Net income per share, diluted | $ | 0.19 | $ | 0.24 | $ | 0.46 | $ | 0.74 | ||||||||||||
Amortization of intangible assets | 0.04 | 0.04 | 0.17 | 0.19 | ||||||||||||||||
Stock compensation expense | 0.03 | 0.02 | 0.10 | 0.09 | ||||||||||||||||
Tax on stock compensation expense | 0.00 | 0.00 | (0.04 | ) | (0.02 | ) | ||||||||||||||
Non-GAAP net income per share, diluted | $ | 0.26 | $ | 0.30 | $ | 0.69 | $ | 1.00 | ||||||||||||
Weighted average shares used in per share calculation, diluted | 32,076 | 32,413 | 32,381 | 32,239 | ||||||||||||||||
IXYS Corporation Reports Results for the Fourth Quarter and Fiscal Year Ended March 31, 2016
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