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) |
|||||||||||||
(unaudited) |
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For the nine months ended September 30, 2024: |
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| Operating
Expenses |
Other
(Income) Expense |
Income Tax
Provision |
Net Income | ||||||||||
| Per-GAAP | $ |
35,783 |
|
||||||||||
| Diluted earnings per share (per-GAAP) | $ |
0.77 |
|
||||||||||
| Adjustments to reconcile net income to non-GAAP net income: | |||||||||||||
| Amortization of acquisition-related intangible assets | 11,497 |
|
(2,109 |
) |
|
9,388 |
|
||||||
| Officer retirement | 644 |
|
(135 |
) |
|
509 |
|
||||||
| Acquisition related cost | 765 |
|
(161 |
) |
|
604 |
|
||||||
| Restructuring charge | 8,039 |
|
789 |
|
(1,741 |
) |
|
7,087 |
|
||||
| Non-cash mark-to-market investment value adjustments | (1,310 |
) |
|
262 |
|
|
|
(1,048 |
) |
||||
| Insurance recovery for manufacturing facility | (4,804 |
) |
961 |
|
|
(3,843 |
) |
||||||
| Non-GAAP | $ |
48,480 |
|
||||||||||
| Diluted shares used in computing earnings per share |
|
46,378 |
|
||||||||||
| Non-GAAP diluted earnings per share | $ |
1.05 |
|
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Diodes Incorporated Reports Third Quarter Fiscal 2024 Financial Results
 |  | More IC News
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Note: Included in GAAP and non-GAAP adjusted net income was approximately $4.7 million, net of tax, non-cash share-based compensation expense. Excluding share-based compensation expense, both GAAP and non-GAAP adjusted diluted earnings per share would have improved by $0.10 per share.
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