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
CST Webinar Series

True Circuits:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Retail Therapy: Jump starting Black Friday
Peggy AycinenaIP Showcase
by Peggy Aycinena
REUSE 2016: Addressing the Four Freedoms
More Editorial  
Jobs
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Principal Circuit Design Engineer for Rambus at Sunnyvale, CA
ACCOUNT MANAGER MUNICH GERMANY EU for EDA Careers at MUNICH, Germany
AE-APPS SUPPORT/TMM for EDA Careers at San Jose-SOCAL-AZ, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Upcoming Events
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
DownStream: Solutions for Post Processing PCB Designs
Verific: SystemVerilog & VHDL Parsers
TrueCircuits: IoTPLL



Internet Business Systems © 2016 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