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

ClioSoft at DAC

Featured Video
Jobs
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Upcoming Events
2018 FLEX Korea at Room 402/ 403, COEX Seoul Korea (South) - Jun 20 - 21, 2018
INTERSOLAR EUROPE 2018 at Munich Germany - Jun 20 - 22, 2018
DAC 2018 at Moscone Center West San Francisco CA - Jun 24 - 28, 2018
Symposium on Counterfeit Parts and Materials 2018 at College Park Marriott Hotel & Conference Center MD - Jun 26 - 28, 2018
ClioSoft at DAC



Internet Business Systems © 2018 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 PolicyAdvertise