Synopsys Posts Financial Results for Second Quarter Fiscal Year 2009

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 Third Quarter Fiscal Year 2009 Targets
                     (in thousands, except per share amounts)

                                                           Range for Three
                                                               Months
                                                           Ending July 31,
                                                                2009
                                                         ------------------
                                                            Low      High
                                                         --------  --------
    Target GAAP expenses                                 $284,500  $300,000
    Adjustment:
           Estimated impact of amortization of
            intangible assets                             (10,500)  (14,000)
           Estimated impact of share-based
            compensation                                  (13,000)  (15,000)
                                                          -------   -------
    Target non-GAAP expenses                             $261,000  $271,000
                                                         ========  ========


                                                           Range for Three
                                                                Months
                                                           Ending July 31,
                                                                 2009
                                                           -----------------
                                                             Low       High
                                                           ------    -------
    Target GAAP earnings per share                          $0.26     $0.31
    Adjustment:
        Estimated impact of amortization of
         intangible assets                                   0.10      0.07
        Estimated impact of share-based compensation         0.10      0.09
        Net non-GAAP tax effect                             (0.06)    (0.05)
                                                                              -----          -----
        Target  non-GAAP  earnings  per  share                                            $0.40          $0.42
                                                                                                                        =====          =====

        Shares  used  in  non-GAAP  calculation  (midpoint  of
          target  range)                                                                                146,500      146,500




                      GAAP  to  Non-GAAP  Reconciliation  of  Fiscal  Year  2009  Targets

                                                                                                                Range  for  Fiscal  Year
                                                                                                              Ending  October  31,  2009
                                                                                                              -----------------------
                                                                                                                          Low            High
                                                                                                                          ---            ----
        Target  GAAP  earnings  per  share                                                    $1.11          $1.26
        Adjustment:
                Estimated  impact  of  amortization  of  intangible
                  assets                                                                                            0.32            0.28
                Estimated  impact  of  share-based  compensation                  0.41            0.39
                In-process  research  and  development                                    0.01            0.01
                Net  non-GAAP  tax  effect                                                          (0.23)        (0.22)
                                                                                                                        -----          -----
        Target  non-GAAP  earnings  per  share                                            $1.62          $1.72
                                                                                                                        =====          =====

        Shares  used  in  non-GAAP  calculation  (midpoint  of
          target  range)                                                                                146,500      146,500
 





Review Article Be the first to review this article
Aldec

Featured Video
Jobs
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Principle Electronic Design Engr for Cypress Semiconductor at San Jose, California
Director, Business Development for Kongsberg Geospatial at Ottawa, Canada
Director, Business Development for Kongsberg Geospatial at remote from home, Any State in the USA
Upcoming Events
IPC Technical Education - PCB Layout - Place and Route at Del Mar Fairgrounds 2260 Jimmy Durante Blvd. Del Mar CA - May 2, 2018
IPC Technical Education at Wisconsin Center 400 W Wisconsin Ave. Milwaukee WI - May 8, 2018
IPC High Reliability Forum at Embassy Suites: Baltimore-At BWI Airport 1300 Concourse Drive Linthicum MD - May 15 - 17, 2018
TrueCircuits: IoTPLL
DAC2018



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