Synopsys Posts Financial Results for Third Quarter Fiscal Year 2008 (Revenue up 13%)

 

Reconciliation of Target 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 Fourth Quarter Fiscal Year 2008 Targets
                   (in thousands, except per share amounts)

                                                     Range for Three Months
                                                    Ending October 31, 2008
                                                     Low              High
    Target GAAP expenses                          $295,000          $310,000
    Adjustment:
      Estimated impact of amortization of
       intangible assets                            (9,000)          (12,000)
      Estimated impact of share-based
       compensation                                (13,000)          (15,000)
    Target non-GAAP expenses                      $273,000          $283,000



                                                      Range for Three Months
                                                     Ending October 31, 2008
                                                      Low               High
    Target GAAP earnings per share                   $0.23             $0.29
    Adjustment:
      Estimated impact of amortization of
       intangible assets                              0.08              0.06
      Estimated impact of share-based
       compensation                                   0.10              0.08
      Net non-GAAP tax effect                        (0.05)            (0.04)
    Target non-GAAP earnings per share               $0.36             $0.39

    Shares used in non-GAAP calculation
     (midpoint of target range)                    149,500           149,500



         GAAP to Non-GAAP Reconciliation of Fiscal Year 2008 Targets

                                                      Range for Fiscal Year
                                                     Ending October 31, 2008
                                                      Low               High
    Target GAAP earnings per share                   $1.20             $1.26
    Adjustment:
      Estimated impact of amortization of
       intangible assets                              0.32              0.30
      Estimated impact of share-based
       compensation                                   0.44              0.43
      In-process research and development             0.03              0.03
      Tax benefit from IRS settlement                (0.12)            (0.12)
      Net non-GAAP tax effect                        (0.22)            (0.22)
    Target non-GAAP earnings per share               $1.65             $1.68

    Shares used in non-GAAP calculation
     (midpoint of target range)                    148,500                   148,500


 




Review Article Be the first to review this article
 True Circuits: Ultra PLL

Featured Video
Editorial
More Editorial  
Jobs
ASIC Hardware Engineer for BAE Systems Intelligence & Security at Arlington, VA
Principle Electronic Design Engr for Cypress Semiconductor at San Jose, CA
Senior Formal FAE Location OPEN for EDA Careers at San Jose or Anywhere, CA
Design Verification Engineer for intersil at Morrisville, NC
Applications Engineer for intersil at Palm Bay, FL
Upcoming Events
Essentials of Digital Technology at MD - Feb 13 - 14, 2018
IPC APEX EXPO 2018 at San Diego Convention Center San Diego CA - Feb 24 - 1, 2018
DVCon US 2018 at Double Tree Hotel San Jose CA - Feb 26 - 1, 2018
5th EAI International Conference on Big data and Cloud Computing Challenges at Vandalur, Kelambakkam high road chennai Tamil Nadu India - Mar 8 - 9, 2018
TrueCircuits: UltraPLL



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — 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 PolicyAdvertise