ANSYS, Inc. Reports Second Quarter 2009 Results and Updates Outlook

(1) Amount represents the revenue not reported during the period as a result of the purchase accounting adjustment associated with EITF 01-3, “Accounting in a Business Combination for Deferred Revenue of an Acquiree.”

(2) Amount represents $12.9 million of amortization expense associated with intangible assets acquired in business acquisitions, including amounts primarily related to acquired software, customer list, trademarks and non-compete agreements, a $3.0 million charge for stock-based compensation, as well as the $2.2 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, adjusted for the related income tax impact of $6.4 million.

(4) Amount represents $6.8 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 $3.2 million charge for stock-based compensation.

(5) Amount represents the impact of the adjustments to operating income referred to in (4) above, adjusted for the related income tax impact of $3.4 million.

ANSYS, INC. AND SUBSIDIARIES

Reconciliation of Non-GAAP Measures

(Unaudited)

(in thousands, except percentages and per share data)

 

 

Six Months Ended

June 30, 2009

 

June 30, 2008

         

As

Non-GAAP

As

Non-GAAP

Reported

Adjustments

Results

Reported

Adjustments

Results

 
Total revenue $238,336 $7,263(1 ) $245,599 $220,791 $220,791
 
Operating income 75,489 $39,228(2 ) 114,717 85,655 $19,997(4 ) 105,652
 
Operating profit margin 31.7 % 46.7 % 38.8 % 47.9 %
 
Net income $48,232 $25,139(3 ) $73,371 $53,983 $13,186(5 ) $ 67,169
 
Earnings per share - diluted:
Diluted earnings per share $0.53 $0.80 $0.66 $0.82
Weighted average shares - diluted 91,612 91,612 81,863 81,863

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



Review Article Be the first to review this article
Autodesk - DelCAM

Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Hexagon’s Recent Ups & Downs Update
Jobs
Solidworks Product Designer for NASCENT Technology at Charlotte, NC
Developer-Support-Implementation Engineer for EDA Careers at San Francisco Area, CA
SYSTEMS INTEGRATOR for Palm Beach County Human Resources at West Palm Beach, FL
CAD/CAM Regional Account Manager (Pacific Northwest) for Vero Software Inc. at Seattle, WA
Upcoming Events
AI·GI·CRV Conference 2017 at Edmonton, Alberta Canada - May 16 - 19, 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
LiveWorx Tech Conf 2017 at Boston MA - May 22 - 25, 2017
SolidCAM: Patented Wizard to optimal feeds & speeds



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 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