ANSYS, Inc. Reports Continued Growth Momentum in Second Quarter 2010

 
 

ANSYS, INC. AND SUBSIDIARIES

Reconciliation of Non-GAAP Measures

(Unaudited)

(in thousands, except percentages and per share data)

 
 
   

Three Months Ended

June 30, 2010

   

June 30, 2009

As     Non-GAAP         As     Non-GAAP    
Reported Adjustments Results Reported Adjustments Results
 
Total revenue $ 137,767 $ 137,767 $ 122,026 $ 2,189(3 ) $ 124,215
 
Operating income 52,383 16,709(1 ) 69,092 40,660 $ 18,147(4 ) 58,807
 
Operating profit margin 38.0 % 50.2 % 33.3 % 47.3 %
 
Net income $ 35,493 $ 11,122(2 ) $ 46,615 $ 27,137 $ 11,734(5 ) $ 38,871
 
Earnings per share - diluted:
Diluted earnings per share $ 0.38 $ 0.50 $ 0.30 $ 0.43
Weighted average shares - diluted 93,146 93,146 91,048 91,048
 
(1)   Amount represents $12.1 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, as well as a $4.7 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 $5.6 million.
 
(3) Amount represents the revenue not reported during the period as a result of the purchase accounting adjustment associated with accounting for deferred revenue in business combinations.
 
(4) 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 (3) above.
 
(5) Amount represents the impact of the adjustments to operating income referred to in (4) above, adjusted for the related income tax impact of $6.4 million.
 

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



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


Featured Video
Jobs
MECHANICAL ENGINEER for Peter R. Thom and Associates at ORINDA, CA
Senior Design Engineer for Kaman at Gilbert, AZ
Mgr Mechanical Engineering 2 for Northrop Grumman at Melbourne, FL
Sr. Mechanical Engineer for Kateeva at Newark, CA
Upcoming Events
Solidworks World 2017, Feb 5 - 8, Los Angeles, CA at Los Angeles CA - Feb 5 - 8, 2017
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
ACE 2017 Nashville at Nashville TN - Mar 21 - 23, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
MasterCAM



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