GAAP to Non-GAAP Reconciliation of Third Quarter and Fiscal Year 2018 Results

(unaudited and in thousands, except per share amounts)

Three Months Ended

Nine Months Ended

July 31,

July 31,

2018

2017

2018

2017

GAAP net income 

$   79,409

$ 116,751

$ 178,190

$ 256,645

Adjustments:

Amortization of intangible assets

30,805

26,520

90,538

83,526

Stock compensation

37,252

28,301

102,540

79,697

Acquisition-related costs

1,402

1,232

19,622

6,253

Restructuring charges

23

6,026

1,917

31,038

Legal matters

26,000

-

26,000

38,000

Income tax related to transition tax

-

-

73,434

-

Income tax related to tax rate change

-

-

45,636

-

Tax adjustments

(29,275)

(37,185)

(57,714)

(72,593)

Non-GAAP net income 

$ 145,616

$ 141,645

$ 480,163

$ 422,566

Three Months Ended

Nine Months Ended

July 31,

July 31,

2018

2017

2018

2017

GAAP net income per share 

$       0.52

$       0.75

$       1.16

$       1.66

Adjustments:

Amortization of intangible assets

0.20

0.17

0.59

0.54

Stock compensation

0.24

0.18

0.67

0.51

Acquisition-related costs

0.01

0.01

0.13

0.04

Restructuring charges

-

0.04

0.01

0.20

Legal matters

0.17

-

0.17

0.25

Income tax related to transition tax

-

-

0.48

-

Income tax related to tax rate change

-

-

0.30

-

Tax adjustments

(0.19)

(0.23)

(0.37)

(0.47)

Non-GAAP net income per share

$       0.95

$       0.92

$       3.14

$       2.73

Shares used in computing per share amounts: 

152,614

154,683

153,118

154,787