Mentor Graphics Reports Fiscal Third Quarter Results

MENTOR GRAPHICS CORPORATION

UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP

EARNINGS PER SHARE GUIDANCE

     
The following table reconciles management's estimates of the specific items excluded from GAAP in the calculation of expected non-GAAP earnings per share for the periods shown below:
 
 
 
Q4 FY10 FY10
Diluted GAAP net income (loss) per share $ 0.33 $ (0.28 )
Non-GAAP Adjustments:
Amortization of purchased intangible assets (1) 0.04 0.14
Amortization of other identified intangible assets (2) 0.03 0.12
Equity plan-related compensation (3) 0.05 0.27
Special charges (4) 0.00 0.16
Other income and interest expense (5) 0.01 0.04
Income tax effects (6)   (0.18 )   (0.01 )
Non-GAAP net income per share $ 0.28   $ 0.44  
             
 
(1 ) Excludes amortization of purchased intangible assets resulting from acquisition transactions. Purchased intangible assets are amortized over two to five years. The guidance for Q4 FY10 assumes no additional acquisitions.
 
(2 ) Excludes amortization of other identified intangible assets including trade names, employment agreements, customer relationships, and deferred compensation resulting from acquisition transactions. Other identified intangible assets are amortized over two to five years. The guidance for Q4 FY10 assumes no additional acquisitions.
 
(3 ) Excludes equity plan-related compensation expense.
 
(4 ) Excludes special charges consisting primarily of costs incurred for facility closures, employee rebalances (which includes severance benefits, notice pay and outplacement services), advisory fees, and acquisition costs. The guidance for Q4 FY10 assumes no additional special charges.
 
(5 ) Reflects amortization of original issuance debt discount and equity in losses of an equity method investment.
 
(6 ) Non-GAAP income tax expense adjustment reflects the application of our assumed normalized effective 17% 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 | 12  Next Page »



Review Article Be the first to review this article
SolidCAM - See it Live

Featured Video
Jobs
GIS Specialist for Metro Wastewater Reclamation District at Denver, Colorado
Upcoming Events
34th Annual Coordinate Metrology Society Conference 2018 at Grand Sierra Resort, 2500 East Second Street Meeting & Covention Center Reno NV - Jul 23 - 27, 2018
Design of Experiments (DOE) for Process Development and Validation (NTZ) 2018 at DoubleTree by Hilton San Diego Downtown 1646 Front St San Diego CA - Aug 2 - 3, 2018
FARO Measure And Inspect 2018 at Maple Hotel Bangkok Thailand - Aug 8, 2018
COMSOL Conference 2018 Bangalore at ITC Gardenia 1, Residency Road, Shanthala Nagar, Ashok Nagar, Bengaluru, Karnataka India - Aug 9 - 10, 2018
Kenesto: 30 day trial



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — 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 PolicyAdvertise