Synopsys Posts Financial Results for First Quarter Fiscal Year 2016

 

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 2016 Targets

(in thousands, except per share amounts)






 Range for Three Months 


Ending April 30, 2016 (1)


Low


High

Target GAAP expenses

$   503,000


$   522,000

Adjustments:




      Estimated impact of amortization of intangible assets

(31,000)


(35,000)

      Estimated impact of stock compensation

(22,000)


(27,000)

Target non-GAAP expenses

$   450,000


$   460,000










Range for Three Months


Ending April 30, 2016 (1)


Low


High

Target GAAP earnings per share

$         0.38


$         0.47

Adjustments:




Estimated impact of amortization of intangible assets

0.23


0.20

Estimated impact of stock compensation

0.17


0.14

Target non-GAAP earnings per share

$         0.78


$         0.81





Shares used in non-GAAP calculation (midpoint of target range)

154,500


154,500









GAAP to Non-GAAP Reconciliation of Full Fiscal Year 2016 Targets






Range for Fiscal Year


Ending October 31, 2016 (1)


Low


High

Target GAAP earnings per share

$         1.64


$         1.79

Adjustments:




Estimated impact of amortization of intangible assets

0.85


0.80

Estimated impact of stock compensation

0.69


0.64

Acquisition-related costs

0.02


0.02

Estimated impact of restructuring

0.01


0.01

Estimated impact of tax adjustments (2)

(0.28)


(0.26)

Target non-GAAP earnings per share

$         2.93


$         3.00





Shares used in non-GAAP calculation (midpoint of target range)

154,500


154,500





(1) Synopsys' second quarter and fiscal year end on April 30, 2016 and October 29, 2016, respectively.  For presentation purposes, we refer to the closest calendar month end.

(2) Fiscal 2016 tax adjustments reflect the application of our normalized annual non-GAAP tax rate to non-GAAP pre-tax income.


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



Review Article Be the first to review this article
CST: Webinar Feb 16, 2017

True Circuits:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Synopsys: Is 40 the new 20?
More Editorial  
Jobs
Technical Support Engineer for EDA Careers at Freemont, CA
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
Senior DSP Architect / System Engineer for General Dynamics Mission Systems at Scottsdale, AZ
SoC Design Engineer for Intel at Santa Clara, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Senior Physical Design Engineer for Ambiq Micro at Austin, TX
Upcoming Events
DesignCon 2017 at Santa Clara Convention Center Santa Clara CA - Jan 31 - 2, 2017
Embedded Neural Network Summit at San Jose CA - Feb 1, 2017
International Solid-State Circuits Conference (ISSCC) at San Francisco CA - Feb 5 - 9, 2017
Pan Pacific Microelectronics Symposium at Sheraton Poipu Kauai Resort Kauai HI - Feb 6 - 9, 2017
CST: Webinars Begin on February 9
Verific: SystemVerilog & VHDL Parsers
TrueCircuits: UltraPLL



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