Synopsys Posts Financial Results for Second Quarter Fiscal Year 2022

Reconciliation of 2022 Targets
The following tables reconcile the specific items excluded from GAAP in the calculation of non-GAAP targets for the periods indicated below.

GAAP to Non-GAAP Reconciliation of Third Quarter Fiscal Year 2022 Targets (1)

(in thousands, except per share amounts)




 Range for Three Months



July 31, 2022



Low


High

Target GAAP expenses


$           981,000


$        1,001,000

Adjustments:





      Amortization of intangible assets


(24,000)


(27,000)

      Stock compensation


(127,000)


(134,000)

Target non-GAAP expenses


$           830,000


$           840,000
















Range for Three Months



July 31, 2022



Low


High

Target GAAP earnings per diluted share


$                 1.32


$                 1.44

Adjustments:





      Amortization of intangible assets


0.17


0.15

      Stock compensation


0.85


0.81

      Tax adjustments


(0.33)


(0.34)

Target non-GAAP earnings per diluted share


$                 2.01


$                 2.06






Shares used in non-GAAP calculation (midpoint of target range)


157,500


157,500



GAAP to Non-GAAP Reconciliation of Full Fiscal Year 2022 Targets (1)

(in thousands, except per share amounts)




Range for Fiscal Year



October 31, 2022



Low


High

Target GAAP expenses


$        3,928,157


$        3,975,157

Adjustments:





      Amortization of intangible assets


(90,000)


(95,000)

      Stock compensation


(470,000)


(482,000)

      Acquisition-related costs


(6,100)


(6,100)

      Restructuring charges


(12,057)


(12,057)

Target non-GAAP expenses


$        3,350,000


$        3,380,000
















Range for Fiscal Year



October 31, 2022



Low


High

Target GAAP earnings per diluted share


$                 6.22


$                 6.40

Adjustments:





      Amortization of intangible assets


0.60


0.57

      Stock compensation


3.06


2.98

      Acquisition-related costs


0.04


0.04

      Restructuring charges


0.08


0.08

      Tax adjustments


(1.37)


(1.37)

Target non-GAAP earnings per diluted share


$                 8.63


$                 8.70






Shares used in non-GAAP calculation (midpoint of target range)


157,500


157,500








« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise