(2) Amount represents $25.1 million of amortization expense associated with intangible assets acquired in business acquisitions, including amounts primarily related to acquired software, customer list and non-compete agreements, an $8.7 million charge for stock-based compensation, as well as the $6.6 million adjustment to revenue as reflected in (1) above.
(3) Amount represents the impact of the adjustments to operating income referred to in (2) above, adjusted for the related income tax impact of $14.3 million.
|
ANSYS, INC. AND SUBSIDIARIES |
|||||||||
| Reconciliation of Non-GAAP Measures | |||||||||
| For the nine months ended September 30, 2007 | |||||||||
| (in thousands, except percentages and per share data) | |||||||||
| (Unaudited) | |||||||||
|
As Reported |
Adjustments |
Non-GAAP Results | |||||||
| Total revenue | $ 274,104 | $ 1,829 | (1) | $ 275,933 | |||||
| Operating income | 88,827 | 30,588 | (2) | 119,415 | |||||
| Operating profit margin | 32.4 | % | 43.3 | % | |||||
| Net income | $ 53,103 | $19,921 | (3) | $ 73,024 | |||||
| Earnings per share - diluted: | |||||||||
| Diluted earnings per share | $ 0.66 | $ 0.90 | |||||||
| Weighted average shares – diluted | 80,938 | 80,938 | |||||||
