For the Three Months and Year Ended December 31, 2022 and 2021
(in thousands, except share and per share data)
(unaudited)
Reconciliation of operating income to Adjusted OI w/SBC and to Adjusted operating income:
|
|
Three Months Ended |
|
Year Ended |
||||||||||
|
|
December 31, |
|
December 31, |
||||||||||
|
|
|
2022 |
|
|
|
2021 |
|
|
2022 |
|
|
|
2021 |
Operating income |
|
$ |
40,759 |
|
|
$ |
43,269 |
|
$ |
208,612 |
|
|
$ |
94,589 |
Amortization of purchased intangibles |
|
|
13,418 |
|
|
|
11,998 |
|
|
53,592 |
|
|
|
34,001 |
Deferred compensation plan |
|
|
6,091 |
|
|
|
5,719 |
|
|
(15,782 |
) |
|
|
95,046 |
Acquisition expenses |
|
|
4,342 |
|
|
|
6,369 |
|
|
25,398 |
|
|
|
34,368 |
Realignment (income) expenses |
|
|
(114 |
) |
|
|
— |
|
|
2,109 |
|
|
|
— |
| Adjusted OI w/SBC |
|
|
64,496 |
|
|
|
67,355 |
|
|
273,929 |
|
|
|
258,004 |
| Stock-based compensation |
|
|
23,592 |
|
|
|
15,966 |
|
|
74,566 |
|
|
|
48,152 |
| Adjusted operating income |
|
$ |
88,088 |
|
|
$ |
83,321 |
|
$ |
348,495 |
|
|
$ |
306,156 |
