Six months ended June 30, | ||||||||||||
Millions of Euros | 2008 U.S. GAAP |
Adjustment |
2008 non-GAAP |
2007 U.S. GAAP |
Adjustment |
2007 non-GAAP |
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Cost of services and other revenue | 74.5 | (0.4) | 74.1 | 78.7 | (0.3) | 78.4 | ||||||
Research and development | 150.3 | (5.7) | 144.6 | 152.0 | (4.4) | 147.6 | ||||||
Marketing and sales | 187.7 | (1.9) | 185.8 | 171.4 | (1.6) | 169.8 | ||||||
General and administrative | 52.0 | (1.8) | 50.2 | 46.0 | (1.4) | 44.6 | ||||||
Total stock-based compensation expense | (9.8) | (7.7) |
DS Reports 2008 Second Quarter Software Revenue Growth Above 15% in Constant Currencies
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(1) In the reconciliation schedule above, (i) all non-GAAP adjustments
to GAAP revenue data reflect the exclusion of the deferred revenue
adjustment; (ii) non-GAAP adjustments to operating expenses data reflect
the exclusion of the amortization of acquired intangibles, other
operating income and expense, net, and stock-based compensation expense
(as detailed below); and (iii) all non-GAAP adjustments to GAAP income
data reflect the combined effect of these non-GAAP adjustments.
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