Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures | ||||||||||||||
(In thousands, except per share data) | ||||||||||||||
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Non-GAAP Income
|
| Three Months Ended December 29, 2018 |
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| GAAP Measure |
| GAAP
|
| Stock
|
| Intangible Asset
|
| Non-GAAP
|
| Non-GAAP
|
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Revenues |
| $215,534 |
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Gross margin |
| 130,243 |
| 60.4% |
| $ 323 |
| $ -- |
| $130,566 |
| 60.6% |
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Research and development |
| 62,933 |
| 29.2% |
| 6,413 |
| 7,760 |
| 48,760 |
| 22.6% |
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Selling, general and administrative |
| 48,948 |
| 22.7% |
| 6,447 |
| 3,020 |
| 39,481 |
| 18.4% |
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Operating income |
| 18,362 |
| 8.5% |
| 13,183 |
| 10,780 |
| 42,325 |
| 19.6% |
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Non-GAAP
|
| Three Months Ended December 29, 2018 | ||||||||||||
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| GAAP
|
| Stock
|
| Intangible
|
| Termination Costs
|
| Non-cash
|
| Income Tax
|
| Non-GAAP
|
Net income |
| $15,145 |
| $13,183 |
| $10,780 |
| $2,785 |
| $2,880 |
| $(4,777) |
| $39,996 |
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Diluted shares outstanding |
| 43,774 |
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| 43,774 |
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Diluted earnings per share |
| $ 0.35 |
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|
| $ 0.91 |
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* Represents pre-tax amounts |