Rambus Inc.
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| Three Months Ended June 30, | ||||||
| 2020 |
| 2019 | ||||
Total operating expenses | $ | 56,246 |
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| $ | 82,316 |
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Adjustments: |
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Stock-based compensation expense | (6,707) |
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| (7,080) |
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Acquisition-related costs and retention bonus expense | (1,577) |
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| — |
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Amortization of acquired intangible assets | (248) |
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| (1,114) |
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Restructuring charges | — |
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| (2,528) |
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Impairment of assets held for sale | — |
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| (16,990) |
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Escrow settlement refund | — |
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| 296 |
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Non-GAAP total operating expenses | $ | 47,714 |
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| $ | 54,900 |
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Interest and other income (expense), net | $ | 2,017 |
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| $ | 4,438 |
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Adjustments: |
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Interest income related to significant financing component from fixed-fee patent and technology licensing arrangements | (3,697) |
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| (5,288) |
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Non-cash interest expense on convertible notes | 1,798 |
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| 1,702 |
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Non-GAAP interest and other income (expense), net | $ | 118 |
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| $ | 852 |
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Rambus Inc.
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2020 Third Quarter Outlook | Three Months Ended
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| Low |
| High | ||||
Forward-looking operating costs and expenses | $ | 75.6 |
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| $ | 71.6 |
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Adjustments: |
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Stock-based compensation expense | (7.0) |
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| (7.0) |
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Amortization of acquired intangible assets | (4.5) |
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| (4.5) |
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Forward-looking Non-GAAP operating costs and expenses | $ | 64.1 |
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| $ | 60.1 |
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Forward-looking interest and other income (expense), net | $ | 1.5 |
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| $ | 1.5 |
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Adjustments: |
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Interest income related to significant financing component from fixed-fee patent and technology licensing arrangements | (3.3) |
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| (3.3) |
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Non-cash interest expense on convertible notes | 1.8 |
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| 1.8 |
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Forward-looking Non-GAAP interest and other income (expense), net | $ | 0.0 |
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| $ | 0.0 |
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