Synopsys Posts Financial Results for First Quarter Fiscal Year 2014

 

Reconciliation of Target Non-GAAP 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 Second Quarter Fiscal Year 2014 Targets

(in thousands, except per share data)


 Range for Three Months 


Ending April 30, 2014 (1)


Low


High

Target GAAP expenses

$      422,000


$     444,000

Adjustment:




      Estimated impact of amortization of intangible assets

(27,000)


(35,000)

      Estimated impact of stock compensation expense 

(18,000)


(22,000)

Target non-GAAP expenses

$      377,000


$     387,000










Range for Three Months


Ending April 30, 2014 (1)


Low


High

Target GAAP earnings (loss) per share

$            0.33


$           0.41

Adjustment:




Estimated impact of amortization of intangible assets

0.22


0.17

Estimated impact of stock-based compensation 

0.14


0.11

Net non-GAAP tax effect 

(0.09)


(0.07)

Target non-GAAP earnings per share

$            0.60


$           0.62





Shares used in non-GAAP calculation (midpoint of target range)

157,000


157,000









GAAP to Non-GAAP Reconciliation of Full Fiscal Year 2014 Targets






Range for Fiscal Year


Ending October 31, 2014 (1)


Low


High

Target GAAP earnings per share

$            1.72


$           1.83

Adjustment:




Estimated impact of amortization of intangible assets

0.74


0.69

Estimated impact of stock-based compensation 

0.52


0.48

Estimated Impact of tax settlement

(0.07)


(0.07)

Tax effect

(0.36)


(0.33)

Target non-GAAP earnings per share

$            2.55


$           2.60





Shares used in non-GAAP calculation (midpoint of target range)

157,000


157,000





(1) Synopsys' second quarter and fiscal year end on May 3, and November 1, 2014, respectively.  For presentation purposes, the periods refer to the closest calendar month end.


« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »



Review Article Be the first to review this article
Aldec

Featured Video
Jobs
Senior R&D Engineer...Timing Closure Specialist for EDA Careers at San Jose or Anywhere, CA
Senior Methodology Automation Engineer for EDA Careers at San Jose, CA
DDR 3-4-5 Developer with VIP for EDA Careers at San Jose, CA
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
Proposal Support Coordinator for Keystone Aerial Surveys at Philadelphia, PA
Upcoming Events
11th International Conference on Verification and Evaluation of Computer and Communication Systems at 1455 DeMaisonneuve W. EV05.139 Montreal Quebec Canada - Aug 24 - 25, 2017
The Rise of Mechatronics at Dassault Systèmes San Diego 5005 Wateridge Vista Drive San Diego CA - Sep 12, 2017
The Rise of Mechatronics at Buca di Beppo - Pasadena 80 West Green Street Pasadena CA - Sep 13, 2017
S2C: FPGA Base prototyping- Download white paper



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy