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
Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Qualcomm’s Lu Dai: Energetic leadership for Accellera
More Editorial  
Jobs
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
SOC Logic Design Engineer for Global Foundaries at Santa Clara, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Sr. Staff Design SSD ASIC Engineer for Toshiba America Electronic Components. Inc. at San Jose, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Upcoming Events
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
CDNLive Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Apr 11 - 12, 2017
10th Anniversary of Cyber-Physical Systems Week at Pittsburgh, PA, USA PA - Apr 18 - 21, 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