Mentor Graphics Reports Fiscal First Quarter Results

MENTOR GRAPHICS CORPORATION

UNAUDITED RECONCILIATION OF GAAP FINANCIAL MEASURES TO NON-GAAP FINANCIAL MEASURES

(In thousands, except percentages)
       
 
Three Months Ended April 30,
2009 2008
 
GAAP gross margin $ 164,735 $ 145,345
Reconciling items to non-GAAP gross margin
Equity plan-related compensation 499 376
Prepaid royalty costs - 103
Amortization of other identified intangible assets   2,948     3,238  
Non-GAAP gross margin $ 168,182   $ 149,062  
 
 
Three Months Ended April 30,
2009 2008
 
GAAP gross margin as a percent of total revenues 85 % 81 %
Non-GAAP adjustments detailed above   2 %   2 %
Non-GAAP gross margin as a percent of total revenues   87 %   83 %
 
 
Three Months Ended April 30,
2009 2008
 
GAAP operating expenses a $ 170,881 $ 176,010
Reconciling items to non-GAAP operating expenses
Equity plan-related compensation (7,271 ) (6,175 )
Amortization of other identified intangible assets (2,870 ) (2,433 )
Rebalance, restructuring, and other costs   (5,695 )   (9,650 )
Non-GAAP operating expenses a $ 155,045   $ 157,752  
 
 
Three Months Ended April 30,
2009 2008
 
GAAP operating loss a $ (6,146 ) $ (30,665 )
Reconciling items to non-GAAP operating income
Equity plan-related compensation 7,770 6,551
Prepaid royalty costs - 103
Amortization of other identified intangible assets:
Cost of revenues 2,948 3,238
Amortization of intangible assets 2,870 2,433
Rebalance, restructuring, and other costs   5,695     9,650  
Non-GAAP operating income (loss) a $ 13,137   $ (8,690 )
 
 
Three Months Ended April 30,
2009 2008
 
GAAP operating margin as a percent of total revenues a -3 % -17 %
Non-GAAP adjustments detailed above   10 %   12 %
Non-GAAP operating margin as a percent of total revenues a   7 %   -5 %
 
 
Three Months Ended April 30,
2009 2008
 
GAAP Other income, net and interest expense b $ (4,053 ) $ (2,380 )
Reconciling items to non-GAAP other income, net and interest expense
Equity in losses of unconsolidated entities and impairment of investments 437 168
Amortization of debt discount and debt retirement costs   421     615  
Non-GAAP Other income, net and interest expense b $ (3,195 ) $ (1,597 )
 
a Adjusted for the reclassification of the French research and development credit.
b Adjusted for the retrospective adoption of FSP APB 14-1.
 
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15  Next Page »



Review Article Be the first to review this article
CST: Webinar Feb 16, 2017

ALDEC:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Synopsys: Is 40 the new 20?
More Editorial  
Jobs
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
SoC Design Engineer for Intel at Santa Clara, CA
Senior Physical Design Engineer for Ambiq Micro at Austin, TX
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Upcoming Events
3D Printing Electronics Conference at High Tech Campus 1, 5656 Eindhoven Eindhoven Netherlands - Jan 24, 2017
DesignCon 2017 at Santa Clara Convention Center Santa Clara CA - Jan 31 - 2, 2017
Embedded Neural Network Summit at San Jose CA - Feb 1, 2017
International Solid-State Circuits Conference (ISSCC) at San Francisco CA - Feb 5 - 9, 2017
CST: Webinars Begin on February 9



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