Mentor Graphics Reports Fiscal First Quarter Results

MENTOR GRAPHICS CORPORATION

UNAUDITED RECONCILIATION OF GAAP FINANCIAL MEASURES TO NON-GAAP FINANCIAL MEASURES

(In thousands, except percentages)
             
 
Three Months Ended April 30,
  2014     2013  
GAAP gross profit $ 194,708 $ 186,334
Reconciling items to non-GAAP gross profit:
Equity plan-related compensation 535 460
Amortization of purchased technology   1,361     1,207  
Non-GAAP gross profit $ 196,604   $ 188,001  
 
 
Three Months Ended April 30,
  2014     2013  
GAAP gross profit as a percent of total revenues 77.2 % 82.3 %
Non-GAAP adjustments detailed above   0.8 %   0.7 %
Non-GAAP gross profit as a percent of total revenues   78.0 %   83.0 %
 
 
Three Months Ended April 30,
  2014     2013  
GAAP operating expenses $ 193,064 $ 180,441
Reconciling items to non-GAAP operating expenses:
Equity plan-related compensation (7,594 ) (6,106 )
Amortization of Frontline purchased technology and other
identified intangible assets (116 ) (737 )
Amortization of other identified intangible assets (1,750 ) (1,654 )
Special charges a   (5,926 )   (4,023 )
Non-GAAP operating expenses $ 177,678   $ 167,921  
 
 
Three Months Ended April 30,
  2014     2013  
GAAP operating income $ 1,644 $ 5,893
Reconciling items to non-GAAP operating income:
Equity plan-related compensation 8,129 6,566
Amortization of purchased technology 1,361 1,207
Amortization of Frontline purchased technology and other
identified intangible assets 116 737
Amortization of other identified intangible assets 1,750 1,654
Special charges a   5,926     4,023  
Non-GAAP operating income $ 18,926   $ 20,080  
 
 
Three Months Ended April 30,
  2014     2013  
GAAP operating income as a percent of total revenues 0.7 % 2.6 %
Non-GAAP adjustments detailed above   6.8 %   6.3 %
Non-GAAP operating income as a percent of total revenues   7.5 %   8.9 %
 
 
Three Months Ended April 30,
  2014     2013  
GAAP other income (expense), net and interest expense $ (4,843 ) $ (5,744 )
Reconciling items to non-GAAP other income (expense), net
and interest expense:
Equity in earnings of unconsolidated entities 13 (51 )
Amortization of original issuance debt discount   1,494     1,391  
Non-GAAP other income (expense), net and interest expense $ (3,336 ) $ (4,404 )
 
 

a See footnote a for a discussion of the reclassification of certain litigation costs to special charges.

 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11  Next Page »



Review Article Be the first to review this article
Synopsys: Custom Compiler

ALDEC:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Reverie: All That Glitters is not Past
More Editorial  
Jobs
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
Senior Physical Design Engineer for Ambiq Micro at Austin, TX
Technical Support Engineer for EDA Careers at Freemont, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Digital and FPGA Hardware Designer for Giga-tronics Incorporated at San Ramon, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Upcoming Events
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
2017 IoT Developers Conference at Santa Clara Convention Center California - Apr 26 - 27, 2017
CST: Webinars Begin on February 9



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — 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