Mentor Graphics Reports Fiscal Second Quarter Results

 

MENTOR GRAPHICS CORPORATION

UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP

EARNINGS PER SHARE

   
The following table reconciles management's estimates of the specific items excluded from GAAP in the calculation of estimated non-GAAP net income per share for Q3'17 and fiscal year 2017.
 
Estimated Estimated
Q3'17 FY'17
Diluted GAAP net income per share $ 0.30 $ 1.19
Non-GAAP adjustments:
Amortization of purchased technology (1) 0.02 0.06
Amortization of other identified intangible assets (2) 0.01 0.05
Equity plan-related compensation (3) 0.09 0.39
Special charges (4) - 0.04
Other income (expense), net and interest expense (5) 0.02 0.06
Non-GAAP income tax effects (6) (0.02 ) (0.11 )
   
Diluted non-GAAP net income per share $ 0.42   $ 1.68  
 
(1) Excludes amortization of purchased technology resulting from acquisitions. Purchased technology is generally amortized over two to five years.
(2) Excludes amortization of other identified intangible assets including trade names, customer relationships, and backlog resulting from acquisition transactions. Other identified intangible assets are generally amortized over two to five years.
(3) Excludes equity plan-related compensation expense for the fair value of all share-based payments to employees for stock options and restricted stock units, and purchases made as a result of the employee stock purchase plans.
(4) Excludes special charges primarily consisting of costs incurred for employee rebalances, which includes severance benefits and notice pay, and certain litigation costs. Full year adjustment represents the impact of actual special charges for the six months ended July 31, 2016 as we do not provide guidance for special charges.
(5) Excludes amortization of original issuance debt discount, and income (loss) from an investment accounted for under the equity method of accounting.
(6) Non-GAAP income tax expense adjustment reflects the application of our assumed normalized effective 19% tax rate, instead of our GAAP tax rate, to our non-GAAP pre-tax income.

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



Review Article Be the first to review this article


Featured Video
Jobs
Geodesign Manager for Design Workshop at Aspen, Colorado
Failure Analysis Engineer for Flextronics at Milpitas, California
Mechanical Engineer for Flextronics at Milpitas, California
Upcoming Events
Digital Construction Week 2020 at Excel London United Kingdom - Oct 21 - 22, 2020
2020 Design-Build Conference & Expo! at Gaylord National Resort & Convention Center National Harbor MD - Oct 28 - 30, 2020
Greenbuild 2020 at San Diego Convention Center San Diego CA - Nov 4 - 7, 2020
Kenesto: 30 day trial
Digital Cities
CADalog.com - Countless CAD add-ons, plug-ins and more.



© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise