|
FORMFACTOR, INC.
RECONCILIATION OF GAAP NET INCOME TO NON-GAAP NET INCOME (In thousands, except per share amounts) (Unaudited) | |||||||||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||
|
September 29,
2018 |
September 30,
2017 |
September 29,
2018 |
September 30,
2017 | ||||||||||||
| GAAP net income | $ | 7,688 | $ | 12,563 | $ | 18,936 | $ | 35,325 | |||||||
| Adjustments: | |||||||||||||||
| Stock-based compensation | 4,537 | 4,586 | 12,421 | 11,279 | |||||||||||
| Restructuring and impairment charges, net | — | 16 | — | 329 | |||||||||||
| Acquisition and integration related expenses | — | 731 | — | 1,738 | |||||||||||
| Amortization of intangibles | 7,512 | 7,520 | 21,876 | 23,993 | |||||||||||
| Contingencies | — | — | — | (206 | ) | ||||||||||
| Proceeds from sale of intellectual property | — | (400 | ) | — | (400 | ) | |||||||||
| Income tax effect of non-GAAP adjustments | (111 | ) | (14 | ) | (533 | ) | (570 | ) | |||||||
| Non-GAAP net income | $ | 19,626 | $ | 25,002 | $ | 52,700 | $ | 71,488 | |||||||
| Non-GAAP net income per share: | |||||||||||||||
| Basic | $ | 0.27 | $ | 0.34 | $ | 0.72 | $ | 0.99 | |||||||
| Diluted | $ | 0.26 | $ | 0.34 | $ | 0.71 | $ | 0.97 | |||||||
| Weighted-average number of shares used in per share calculations: | |||||||||||||||
| Basic | 73,837 | 72,651 | 73,273 | 72,013 | |||||||||||
| Diluted | 74,962 | 73,885 | 74,628 | 73,540 | |||||||||||
