Synopsys Posts Financial Results for Second Quarter Fiscal Year 2018

Reconciliation of Target Non-GAAP Operating Results

The following tables reconcile the specific items excluded from GAAP in the calculation of target non-GAAP operating results for the periods indicated below.

GAAP to Non-GAAP Reconciliation of Third Quarter Fiscal Year 2018 Targets

(in thousands, except per share amounts)






 Range for Three Months 


Ending July 31, 2018 (1)


Low


High

Target GAAP expenses

$   669,000


$   685,000

Adjustments:




      Estimated impact of amortization of intangible assets

(30,000)


(33,000)

      Estimated impact of stock compensation

(34,000)


(37,000)

Target non-GAAP expenses

$   605,000


$   615,000










Range for Three Months


Ending July 31, 2018 (1)


Low


High

Target GAAP earnings per share

$         0.65


$         0.75

Adjustments:




Estimated impact of amortization of intangible assets

0.21


0.19

Estimated impact of stock compensation

0.24


0.22

Estimated impact of tax adjustments

(0.21)


(0.23)

Target non-GAAP earnings per share

$         0.89


$         0.93





Shares used in non-GAAP calculation (midpoint of target range)

154,500


154,500









GAAP to Non-GAAP Reconciliation of Full Fiscal Year 2018 Targets






Range for Fiscal Year


Ending October 31, 2018 (1)


Low


High

Target GAAP earnings per share

$         1.66


$         1.76

Adjustments:




Estimated impact of amortization of intangible assets

0.79


0.76

Estimated impact of stock compensation

0.91


0.88

Acquisition-related costs

0.12


0.12

Restructuring charges

0.01


0.01

Income tax related to transition tax

0.47


0.47

Income tax related to tax rate change

0.29


0.29

Estimated impact of tax adjustments

(0.49)


(0.46)

Target non-GAAP earnings per share

$         3.76


$         3.83





Shares used in non-GAAP calculation (midpoint of target range)

154,500


154,500





(1) Synopsys' third quarter and fiscal year end on August 4, 2018 and November 3, 2018, respectively. For presentation purposes, we refer to the closest calendar month end. The first quarter of fiscal 2018 included an extra week.


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



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise