Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2016 Financial Results

The following table presents details of stock-based compensation expense included in each functional line item in the consolidated statements of operations above:

         
    Three Months Ended January 31,      Twelve Months Ended January 31,   
   2016    2015    2016    2015  
  (unaudited, in thousands) 
Stock-based compensation:        
Cost of revenue$  249  $  129  $  657  $  343  
Research and development   7,116     3,072     19,082     8,654  
Selling, general and administrative   4,181     2,384     11,355     6,695  
         
Total stock-based compensation$  11,546  $  5,585  $  31,094  $  15,692  
         


AMBARELLA, INC.
RECONCILIATION OF GAAP TO NON-GAAP DILUTED EARNINGS PER SHARE
(in thousands, except share and per share data)
         
    Three Months Ended January 31,      Twelve Months Ended January 31,   
   2016    2015    2016    2015  
  (unaudited) 
GAAP net income$  5,096  $  17,674  $  76,508  $  50,571  
Two-class method - allocation to participating securities    (1)       (11 )  
Treasury stock method - additional allocation to ordinary shares         1    
GAAP net income - diluted $   5,096     $   17,673     $   76,508     $   50,561    
                 
Non-GAAP adjustments:                
Stock-based compensation expense, net of tax effect     10,414         4,919         27,766         13,866    
Valuation allowance on deferred tax assets     6,090           6,090      
Acquisition cost         1,229      
Two-class method - additional allocation to participating securities           (3 )  
Treasury stock method - additional allocation to ordinary shares        
Non-GAAP net income - diluted $   21,600     $   22,592     $   111,593     $   64,424    
                 
GAAP - diluted weighted average shares     33,747,273         33,074,033         33,755,709         32,278,127    
Non-GAAP - diluted weighted average shares     33,747,273         33,074,033         33,755,709         32,278,127    
                 
GAAP - diluted net income per share $   0.15     $   0.53     $   2.27     $   1.57    
Non-GAAP adjustments:                
Stock-based compensation expense, net of tax effect     0.31         0.15         0.82         0.43    
Valuation allowance on deferred tax assets     0.18           0.18      
Acquisition cost         0.04      
Non-GAAP adjustment to two-class method diluted net income        
Non-GAAP adjustment to treasury stock method diluted net income        
Non-GAAP - diluted net income per share $   0.64     $   0.68     $   3.31     $   2.00    
                 

« Previous Page 1 | 2 | 3 | 4  Next Page »



Review Article Be the first to review this article
Aldec

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Simon Davidmann: A re-energized Imperas Tutorial at DAC
More Editorial  
Jobs
LVS PEX DESIGN ENGINEERS SILICON VALLEY for EDA Careers at San Jose, CA
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
LVS for PDK Design Engineer SILICON VALLEY for EDA Careers at San Jose, CA
DDR 3-4-5 Developer with VIP for EDA Careers at San Jose, CA
Upcoming Events
11th International Conference on Verification and Evaluation of Computer and Communication Systems at 1455 DeMaisonneuve W. EV05.139 Montreal Quebec Canada - Aug 24 - 25, 2017
DVCon India 2017, Sept 14 - 15, 2017 at The Leela Palace Bengalore India - Sep 14 - 15, 2017
SMTA International 2017 at Rosemont IL - Sep 17 - 21, 2017
S2C: FPGA Base prototyping- Download white paper



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