Ansys Announces Financial Results With Record Q4 and FY 2020 Revenue, ACV and Operating Cash Flow

1 Diluted weighted average shares were 86,992.

  Twelve Months Ended
  December 31, 2020
(in thousands, except percentages and per share data) Revenue  Gross Profit  %  Operating Income  %  Net Income  EPS - Diluted 1
Total GAAP $ 1,681,297   $ 1,456,033   86.6 %  $ 496,356   29.5 %  $ 433,887    $ 4.97  
Acquisition accounting for deferred revenue 14,201   14,201   0.1 %  14,201   0.6 %  14,201    0.16  
Stock-based compensation expense    13,626   0.8 %  145,615   8.6 %  145,615       1.66    
Excess payroll taxes related to stock-based awards     813     0.1 %   10,111     0.6 %   10,111       0.12    
Amortization of intangible assets from acquisitions     40,642     2.4 %   57,241     3.4 %   57,241       0.66    
Transaction expenses related to business combinations         %   5,129     0.3 %   5,129       0.06    
Rabbi trust (income) / expense         %       %   (6 )        
Adjustment for income tax effect         %       %   (81,574 )     (0.93 )  
Total non-GAAP $ 1,695,498     $ 1,525,315     90.0 %   $ 728,653     43.0 %   $ 584,604       $ 6.70    

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