ANSYS Reports Strong Core Revenue Growth and Robust Operating Results for the Third Quarter

(1) Amount represents $7.5 million of amortization expense associated with intangible assets acquired in business acquisitions, including amounts primarily related to acquired software, customer list and non-compete agreements and a $2.1 million charge for stock-based compensation.

(2) Amount represents the impact of the adjustments to operating income referred to in (1) above, adjusted for the related income tax impact of $3.3 million.

 

ANSYS, INC. AND SUBSIDIARIES

Reconciliation of Non-GAAP Measures
For the nine months ended September 30, 2008
(in thousands, except percentages and per share data)
(Unaudited)
 
 

As Reported

 

Adjustments

  Non-GAAP Results
Total revenue $343,038 $6,598 (1) $349,636
 
Operating income 123,951 40,421 (2) 164,372
 
Operating profit margin 36.1 % 47.0 %
 
Net income $79,758 $26,089 (3) $105,847
 
Earnings per share - diluted:
Diluted earnings per share $ 0.94 $ 1.25
Weighted average shares diluted 84,614 84,614

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