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
Aldec

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Simon Davidmann: A re-energized Imperas Tutorial at DAC
Peggy AycinenaIP Showcase
by Peggy Aycinena
ARM: A Gnawing Sense of Unease
More Editorial  
Jobs
LVS PEX DESIGN ENGINEERS SILICON VALLEY for EDA Careers at San Jose, CA
LVS for PDK Design Engineer SILICON VALLEY for EDA Careers at San Jose, CA
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
DDR 3-4-5 Developer with VIP for EDA Careers at San Jose, CA
Upcoming Events
11th International Conference on Verification and Evaluation of Computer and Communication Systems at 1455 DeMaisonneuve W. EV05.139 Montreal Quebec Canada - Aug 24 - 25, 2017
DVCon India 2017, Sept 14 - 15, 2017 at The Leela Palace Bengalore India - Sep 14 - 15, 2017
SMTA International 2017 at Rosemont IL - Sep 17 - 21, 2017
DownStream: Solutions for Post Processing PCB Designs
S2C: FPGA Base prototyping- Download white paper
TrueCircuits: IoTPLL



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