DIODES INCORPORATED AND SUBSIDIARIES |
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CONSOLIDATED RECONCILIATION OF NET INCOME TO ADJUSTED NET INCOME – Cont. |
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(in thousands, except per share data) |
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(unaudited) |
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For the three months ended March 31, 2019: |
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Operating
|
|
Income Tax
|
|
Net Income |
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| Per-GAAP | $ |
31,716 |
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| Diluted earnings per share (Per-GAAP) | $ |
0.62 |
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| Adjustments to reconcile net income to non-GAAP net income: | |||||||||
| Amortization of acquisition-related intangible assets | 4,484 |
(810 |
) |
|
3,674 |
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| Non-GAAP | $ |
35,390 |
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| Diluted shares used in computing earnings per share |
|
51,462 |
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| Non-GAAP diluted earnings per share | $ |
0.69 |
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| Note: Included in GAAP and non-GAAP net income was approximately $3.5 million, net of tax, non-cash share-based compensation expense. Excluding share-based compensation expense, both GAAP and non-GAAP diluted earnings per share would have improved by $0.07 per share. |
ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE
