Reconciliation of Target Operating Results
The following tables reconcile the specific items excluded from GAAP in the calculation of target non-GAAP operating results for the periods indicated below:
GAAP to Non-GAAP Reconciliation of Fourth Quarter Fiscal Year 2009 Targets
(in thousands, except per share amounts)
Range for Three Months
Ending October 31, 2009
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Low High
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Target GAAP expenses $297,000 $313,000
Adjustment:
Estimated impact of amortization of intangible
assets (11,000) (13,000)
Estimated impact of share-based compensation (14,000) (18,000)
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Target non-GAAP expenses $272,000 $282,000
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Range for Three Months
Ending October 31, 2009
-----------------------
Low High
--- ----
Target GAAP earnings per share $0.14 $0.21
Adjustment:
Estimated impact of amortization of intangible
assets 0.09 0.07
Estimated impact of share-based compensation 0.12 0.09
Net non-GAAP tax effect (0.06) (0.04)
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Target non-GAAP earnings per share $0.29 $0.33
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Shares used in non-GAAP calculation (midpoint of
target range) 147,500 147,500
GAAP to Non-GAAP Reconciliation of Fiscal Year 2009 Targets
Range for Fiscal Year
Ending October 31, 2009
-----------------------
Low High
--- ----
Target GAAP earnings per share $1.16 $1.23
Adjustment:
Estimated impact of amortization of intangible
assets 0.33 0.32
Estimated impact of share-based compensation 0.43 0.40
In-process research and development 0.01 0.01
Net non-GAAP tax effect (0.22) (0.21)
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Target non-GAAP earnings per share $1.71 $1.75
===== =====
Shares used in non-GAAP calculation (midpoint of
target range) 145,250 145,250
