Alpha and Omega Semiconductor Reports Financial Results for the Fiscal Second Quarter of 2016 Ended December 31, 2015


Alpha and Omega Semiconductor Limited
Reconciliation of Net  Income (Loss) to Non-GAAP Net Income (Loss)
(in thousands, except per share amounts)
(unaudited)
          
  Three Months Ended  Six Months Ended
  December 31,
 2015
  September 30,
 2015
  December 31,
 2014
  December 31,
 2015
  December 31,
 2014
          
U.S. GAAP net loss $ (1,611 )  $ (1,975 )  $ (1,297 )  $ (3,586 )  $ (733 )
          
Share-based compensation:         
Cost of goods sold157  131  174  288  328 
Research and development264  193  293  457  499 
Selling, general and administrative664  465  810  1,129  1,552 
Total share-based compensation1,085  789  1,277  1,874  2,379 
Impairment of long-lived assets432      432   
          
Non-GAAP net income (loss) $ (94 )  $ (1,186 )  $ (20 )  $ (1,280 )  $ 1,646 
          
Non-GAAP diluted net income (loss) per share $    $ (0.05 )  $    $ (0.06 )   $ 0.06  
                   
Weighted-average number of common shares used
in computing non-GAAP net income (loss) per share
                 
Diluted shares 22,269     22,698     26,577     22,483     27,078  

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