Cadence Reports Second Quarter 2016 Financial Results

 

Cadence Design Systems, Inc.

As of July 25, 2016

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

(Unaudited)













Three Months Ending


Year Ending



October 1, 2016


December 31, 2016



Forecast


Forecast






Diluted net income per share on a GAAP basis

 $0.17 to $0.19 


 $0.70 to $0.76 







Amortization of acquired intangibles

0.05


0.21


Stock-based compensation expense

0.10


0.38


Restructuring and other charges

-


0.05


Acquisition and integration-related costs

-


0.04


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

-


(0.01)


Income tax effect of non-GAAP adjustments

(0.05)


(0.20)






Diluted net income per share on a non-GAAP basis�nbsp;

 $0.27 to $0.29 


 $1.17 to $1.23 





















Cadence Design Systems, Inc.

As of July 25, 2016

Impact of Non-GAAP Adjustments on Forward Looking Net Income

(Unaudited)













Three Months Ending


Year Ending



October 1, 2016


December 31, 2016

($ in millions)

Forecast


Forecast






Net income on a GAAP basis

 $48 to $54 


 $203 to $221 







Amortization of acquired intangibles

14


61


Stock-based compensation expense

28


109


Restructuring and other charges 

-


15


Acquisition and integration-related costs

1


11


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

-


(3)


Income tax effect of non-GAAP adjustments

(14)


(57)






Net income on a non-GAAP basis�nbsp;

 $77 to $83 


 $339 to $357 












�nbsp;The non-GAAP measures presented in the table above should not be considered a substitute for financial results and measures determined or calculated in accordance with GAAP. 







 * 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  Next Page »



Review Article Be the first to review this article

ALDEC:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Reverie: All That Glitters is not Past
More Editorial  
Jobs
Technical Support Engineer for EDA Careers at Freemont, CA
Digital and FPGA Hardware Designer for Giga-tronics Incorporated at San Ramon, CA
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Senior Physical Design Engineer for Ambiq Micro at Austin, TX
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Upcoming Events
European 3D Summit 2017 at 3, parvis Louis Néel 38054 Grenoble France - Jan 23 - 25, 2017
3D Printing Electronics Conference at High Tech Campus 1, 5656 Eindhoven Eindhoven Netherlands - Jan 24, 2017
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



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