|
Cadence Design Systems, Inc. | ||||
|
As of February 1, 2017 | ||||
|
Impact of Non-GAAP Adjustments on Forward Looking Diluted Net Income Per Share | ||||
|
(Unaudited) | ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ending |
|
Year Ending |
|
|
|
April 1, 2017 |
|
December 30, 2017 |
|
|
|
Forecast |
|
Forecast |
|
|
|
|
|
|
|
Diluted net income per share on a GAAP basis |
$0.19 to $0.21 |
|
$0.89 to $0.99 | |
|
|
|
|
|
|
|
|
Amortization of acquired intangibles |
0.05 |
|
0.20 |
|
|
Stock-based compensation expense |
0.11 |
|
0.47 |
|
|
Acquisition and integration-related costs |
0.01 |
|
0.01 |
|
|
Income tax effect of non-GAAP adjustments |
(0.06) |
|
(0.25) |
|
|
|
|
|
|
|
Diluted net income per share on a non-GAAP basis�nbsp; |
$0.30 to $0.32 |
|
$1.32 to $1.42 | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cadence Design Systems, Inc. | ||||
|
As of February 1, 2017 | ||||
|
Impact of Non-GAAP Adjustments on Forward Looking Net Income | ||||
|
(Unaudited) | ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ending |
|
Year Ending |
|
|
|
April 1, 2017 |
|
December 30, 2017 |
|
($ in millions) |
Forecast |
|
Forecast | |
|
|
|
|
|
|
|
Net income on a GAAP basis |
$53 to $59 |
|
$248 to $276 | |
|
|
|
|
|
|
|
|
Amortization of acquired intangibles |
14 |
|
56 |
|
|
Stock-based compensation expense |
31 |
|
132 |
|
|
Acquisition and integration-related costs |
1 |
|
3 |
|
|
Income tax effect of non-GAAP adjustments |
(16) |
|
(71) |
|
|
|
|
|
|
|
Net income on a non-GAAP basis�nbsp; |
$83 to $89 |
|
$368 to $396 | |
|
|
|
�nbsp;The non-GAAP measures presented in the table above should not be considered a substitute for financial results and measures determined or calculated in accordance with GAAP. |
