PTC Reports First Quarter Fiscal Year 2008 Results

                  PARAMETRIC TECHNOLOGY CORPORATION
     NON-GAAP FINANCIAL MEASURES AND RECONCILIATIONS (UNAUDITED)
                (in thousands, except per share data)

                                                Three Months Ended
                                             -------------------------
                                             December 29, December 30,
                                                 2007         2006
                                             ------------ ------------

GAAP revenue                                    $241,242     $221,667
   Fair value adjustment of acquired
    CoCreate deferred maintenance revenue          1,237           --
                                             ------------ ------------
Non-GAAP revenue                                $242,479     $221,667
                                             ============ ============

GAAP operating income                           $ 14,865     $ 20,983
   Fair value adjustment of acquired
    CoCreate deferred maintenance revenue          1,237           --
   Stock-based compensation                       10,603        8,630
   Amortization of acquired intangible
    assets
included in cost of license revenue                2,954        1,287
   Amortization of acquired intangible
    assets
included in cost of service revenue                   17           32
   Amortization of acquired intangible
    assets                                         2,893        2,088
   In-process research and development             1,887           --
   Restructuring charge                            9,685           --
                                             ------------ ------------
Non-GAAP operating income                       $ 44,141     $ 33,020
                                             ============ ============

GAAP net income                                 $  9,880     $ 15,153
   Fair value adjustment of acquired
    CoCreate deferred maintenance revenue          1,237           --
        Stock-based compensation                  10,603        8,630
  Amortization of acquired intangible assets
included in cost of license revenue                2,954        1,287
  Amortization of acquired intangible assets
included in cost of service revenue                   17           32
  Amortization of acquired intangible assets       2,893        2,088
  In-process research and development              1,887           --
  Restructuring charge                             9,685           --
  Income tax adjustments(2)                       (8,076)        (352)
                                             ------------ ------------
Non-GAAP net income                             $ 31,080     $ 26,838
                                             ============ ============

GAAP diluted earnings per share                 $   0.08     $   0.13
       Stock-based compensation                     0.09         0.07
       All other items noted identified
        above                                                                     0.09                  0.03
                                                                                          ------------  ------------
Non-GAAP  diluted  earnings  per  share                          $      0.26          $      0.23
                                                                                          ============  ============

Weighted  average  shares  used  in  calculating
  non-GAAP  diluted  earnings  per  share                          118,087            117,283
 


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



Review Article Be the first to review this article
SolidCAM: Program your CNCs directly inside your existing CAD system.


Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Siemens Goes ECAD With Mentor Graphics Acquisition
Jobs
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
GIS Analyst II for Air Worldwide at Boston, MA
Senior Structural Engineer for Design Everest at San Francisco, CA
Upcoming Events
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
Display Week 2017 at Los Angeles Convention Center 1201 S Figueroa St Los Angeles CA - May 21 - 26, 2017



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 EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise