ANSYS Announces Q1 2018 Financial Results: a Strong Start Reflecting Record First Quarter Revenue, EPS and Operating Cash Flows


 
ANSYS, INC. AND SUBSIDIARIES
ASC 606 Reconciliation of Non-GAAP Measures
(Unaudited)
  Three Months Ended
  March 31, 2018
(in thousands, except percentages and per share data) GAAP
Results
  Adjustments  Non-GAAP
Results
Total revenue $ 282,873   $ 401  (1 ) $ 283,274 
Operating income 95,061   32,351  (2 ) 127,412 
Operating profit margin 33.6 %    45.0 %
Net income $ 84,280   $ 18,784  (3 ) $ 103,064 
Earnings per share – diluted:     
Earnings per share $ 0.98     $ 1.20 
Weighted average shares 86,152     86,152 
        

(1) Amount represents the revenue not reported during the period as a result of the acquisition accounting adjustment associated with the accounting for deferred revenue in business combinations.

(2) Amount represents $15.3 million of stock-based compensation expense, $3.1 million of excess payroll taxes related to stock-based awards, $12.2 million of amortization expense associated with intangible assets acquired in business combinations, $1.4 million of transaction expenses related to business combinations and the $0.4 million adjustment to revenue as reflected in (1) above.

(3) Amount represents the impact of the adjustments to operating income referred to in (2) above, decreased for the related income tax impact of $15.0 million and increased for a measurement-period adjustment related to the Tax Cuts and Jobs Act of $1.4 million.

 
ANSYS, INC. AND SUBSIDIARIES
ASC 605 Reconciliation of Non-GAAP Measures
(Unaudited)
  Three Months Ended
  March 31, 2018  March 31, 2017
(in thousands, except percentages and per share data) GAAP
Results
  Adjustments  Non-GAAP
Results
  GAAP
Results
  Adjustments  Non-GAAP
Results
Total revenue $ 284,569   $ 604  (1 ) $ 285,173  $253,405  $143 (4)$253,548 
Operating income 96,757   32,554  (2 ) 129,311  85,472  32,111 (5)117,583 
Operating profit margin 34.0 %    45.3 %   33.7 %       46.4 %
Net income $ 85,753     $ 18,936   (3 ) $ 104,689     $ 63,306     $ 14,183   (6 ) $ 77,489  
Earnings per share – diluted:                      
Earnings per share $ 1.00         $ 1.22     $ 0.73         $ 0.89  
Weighted average shares 86,152         86,152     87,224         87,224  
                               

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



Review Article Be the first to review this article

Bentley: YII Going DigitalAwards2021

Featured Video
Latest Blog Posts
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
March Nonresidential Construction Starts +60% M/M But -8% Y/Y and -20% Ytd
Jobs
Construction Sales Executive for Microdesk at Los Angeles, California
Technical Sales Representative for Rulon International at Saint Augustine, Florida
Architectural Project Designer for SERA Architects, Inc at Oakland, California
Landscape Project Assist for SERA Architects, Inc at Oakland, California
Architectural Project Manager for SERA Architects, Inc at Oakland, California
Senior Highway Engineer for RS&H at Jacksonville, Florida
Upcoming Events
DCW - Digital Construction Week at Excel London United Kingdom - May 19 - 20, 2021
World Architecture Festival at United States - Jun 23 - 25, 2021
ICSD 2021 : 9th International Conference on Sustainable Development, 8 - 9 September Rome, Italy at Roma Eventi, Pontifical Gregorian University Piazza della Pilotta, 4 Rome Rome Italy - Sep 8 - 9, 2021
Kenesto: 30 day trial
Digital Cities
CADalog.com - Countless CAD add-ons, plug-ins and more.



© 2021 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