Cadence Reports Fourth Quarter and Fiscal Year 2014 Financial Results

 

Diluted Net Income per Share Reconciliation

 

Three Months Ended

   

January 3, 2015

 

December 28, 2013

   

(unaudited)

(in thousands, except per share data)

           

Diluted net income per share on a GAAP basis

 

$

0.21

   

$

0.13

 

Amortization of acquired intangibles

 

0.06

   

0.04

 

Stock-based compensation expense

 

0.07

   

0.06

 

Non-qualified deferred compensation expenses

 

   

0.01

 

Restructuring and other charges (credits)

 

   

0.05

 

Acquisition and integration-related costs

 

0.01

   

0.03

 

Special charges*

 

   

 

Amortization of debt discount

 

0.01

   

0.02

 

Other income or expense related to investments and non-qualified deferred compensation plan assets**

 

   

 

Income tax effect of non-GAAP adjustments

 

(0.09)

   

(0.11)

 

Diluted net income per share on a non-GAAP basis

 

$

0.27

   

$

0.23

 

Shares used in calculation of diluted net income per share — GAAP***

 

310,273

   

294,663

 

Shares used in calculation of diluted net income per share — non-GAAP***

 

310,273

   

294,663

 
   

*

Comprised of costs related to executive severance costs

   

**

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.

   

***

Shares used in the calculation of GAAP net income per share are expected to be the same as shares used in the calculation of non-GAAP net income per share, except when the company reports a GAAP net loss and non-GAAP net income, or GAAP net income and a non-GAAP net loss.

 

Diluted Net Income per Share Reconciliation

 

Years Ended

   

January 3, 2015

 

December 28, 2013

   

(unaudited)

(in thousands, except per share data)

           

Diluted net income per share on a GAAP basis

 

$

0.52

   

$

0.56

 

Amortization and sale of acquired intangibles

 

0.20

   

0.15

 

Stock-based compensation expense

 

0.27

   

0.23

 

Non-qualified deferred compensation expenses

 

0.01

   

0.01

 

Restructuring and other charges

 

0.03

   

0.06

 

Acquisition and integration-related costs

 

0.08

   

0.11

 

Special charges*

 

0.04

   

 

Amortization of debt discount

 

0.06

   

0.08

 

Other income or expense related to investments and non-qualified deferred compensation plan assets**

 

(0.01)

   

(0.02)

 

Income tax benefit due to a release of an uncertain tax position

 

   

(0.11)

 

Income tax effect of non-GAAP adjustments

 

(0.26)

   

(0.21)

 

Diluted net income per share on a non-GAAP basis

 

$

0.94

   

$

0.86

 

Shares used in calculation of diluted net income per share — GAAP***

 

306,775

   

294,564

 

Shares used in calculation of diluted net income per share — non-GAAP***

 

306,775

   

294,564

 
   

*

Comprised of costs related to a voluntary retirement program and executive severance costs

   

**

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.

   

***

Shares used in the calculation of GAAP net income per share are expected to be the same as shares used in the calculation of non-GAAP net income per share, except when the company reports a GAAP net loss and non-GAAP net income, or GAAP net income and a non-GAAP net loss.


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »



Review Article Be the first to review this article
Featured Video
Jobs
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
Principal Engineer FPGA Design for Intevac at Santa Clara, CA
Senior DSP Architect / System Engineer for General Dynamics Mission Systems at Scottsdale, AZ
ASIC FPGA Verification Engineer for General Dynamics Mission Systems at Bloomington, MN
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Upcoming Events
FPGA 2017 at 350 Calle Pincipal, Marriott Hotel Monterey CA - Feb 22 - 24, 2017
DVCon 2017 Conference at DoubleTree Hotel San Jose CA - Feb 27 - 2, 2017
IoT Summit 2017 at Great America ballroom, Santa Clara Convention Center Santa Clara CA - Mar 16 - 17, 2017
SNUG Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Mar 22 - 23, 2017



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