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
Featured Video
Jobs
Applications Engineer for intersil at Palm Bay, FL
Design Verification Engineer for intersil at Morrisville, NC
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
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



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