IXYS Corporation Reports Results for the Fourth Quarter and Fiscal Year Ended March 31, 2016

 
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  
 

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