Cadence Reports Second Quarter 2014 Financial Results

 



Cadence Design Systems, Inc.

As of July 21, 2014

Impact of Non-GAAP Adjustments on Forward Looking Diluted Net Income Per Share

(Unaudited)








Three Months Ending


Year Ending



September 27, 2014


January 3, 2015



Forecast


Forecast






Diluted net income per share on a GAAP basis

 $0.13 to $0.15 


 $0.48 to $0.56 







Amortization of acquired intangibles

0.05


0.20


Stock-based compensation expense

0.07


0.27


Non-qualified deferred compensation expenses

-


0.01


Acquisition and integration-related costs

0.02


0.08


Special charges*

-


0.03


Amortization of debt discount

0.01


0.06


Other income or expense related to investments and non-qualified 





    deferred compensation plan assets**

-


(0.02)


Income tax effect of non-GAAP adjustments

(0.05)


(0.21)






Diluted net income per share on a non-GAAP basis

 $0.23 to $0.25 


 $0.90 to $0.98 







 * Comprised of costs related to a voluntary retirement program 




 ** Includes, as applicable, equity in losses or income from investments, write-down of investments, gains or losses on sale of investments and gains or losses on non-qualified deferred compensation plan assets recorded in other income or expense.

 


Cadence Design Systems, Inc.

As of July 21, 2014

Impact of Non-GAAP Adjustments on Forward Looking Net Income 

(Unaudited)








Three Months Ending


Year Ending



September 27, 2014


January 3, 2015

($ in millions)

Forecast


Forecast






Net income on a GAAP basis

 $41 to $47 


 $147 to $172 







Amortization of acquired intangibles

16


60


Stock-based compensation expense

21


83


Non-qualified deferred compensation expenses

-


3


Acquisition and integration-related costs

5


25


Special charges*

-


10


Amortization of debt discount

4


18


Other income or expense related to investments and non-qualified 





    deferred compensation plan assets**

-


(5)


Income tax effect of non-GAAP adjustments

(16)


(66)






Net income on a non-GAAP basis

 $71 to $77 


 $275 to $300 







 * Comprised of costs related to a voluntary retirement program 




 ** Includes, as applicable, equity in losses or income from investments, write-down of investments, gains or losses on sale of investments and gains or losses on non-qualified deferred compensation plan assets recorded in other income or expense.


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



Review Article Be the first to review this article
Downstream : Solutuions for Post processing PCB Designs

Aldec Webinar Nov 30

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Computer History Museum: the Future of War is Here
More Editorial  
Jobs
Principal PIC Hardware Controls Engineer for Infinera Corp at Sunnyvale, CA
ASIC Design Engineer for Infinera Corp at Sunnyvale, CA
REVISED***Director Product Line RF/IC for EDA Careers at San Jose, CA
Senior PIC Test Development Engineer for Infinera Corp at Sunnyvale, CA
Upcoming Events
“Empowering Leadership with WIT and WISDOM” at SEMI 673 South Milpitas Blvd. Milpitas CA - Nov 28, 2017
Artificial Intelligence and Convolution Neural Networks Discussion at San Jose State University Student Union Theater San Jose CA - Dec 4, 2017
Silicon Valley's Only Comprehensive Embedded Systems Conference at San Jose Convention Center 150 W. San Carlos St. San Jose CA - Dec 5 - 7, 2017
Oski Technology’s Decoding Formal Club Meeting at The Conference Center San Jose CA - Dec 7, 2017



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 PolicyAdvertise