|
CAVIUM, INC. |
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Unaudited Reconciliation of Non-GAAP Adjustments |
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|
(in thousands) |
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Three Months Ended |
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December 31, 2014 |
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September 30, 2014 |
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Reconciliation of GAAP research and development expenses to non-GAAP: |
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|
|
|
|
|
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GAAP research and development expenses |
$ |
55,108 |
|
|
$ |
40,459 |
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|
Stock-based compensation and related payroll taxes |
|
(16,128) |
|
|
|
(5,932) |
|
|
Net restructuring related expenses |
|
(617) |
|
|
|
(307) |
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Research and development expenses associated with a VIE |
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(8,769) |
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|
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(5,870) |
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Non-GAAP research and development expenses |
$ |
29,594 |
|
|
$ |
28,350 |
|
|
|
|
|
|
|
|
|
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Reconciliation of GAAP sales, general and administrative expenses to non-GAAP: |
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|
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|
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GAAP sales, general and administrative expenses |
$ |
19,314 |
|
|
$ |
18,141 |
|
|
Stock-based compensation and related payroll taxes |
|
(5,969) |
|
|
|
(5,071) |
|
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Amortization of acquired intangible assets |
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(33) |
|
|
|
(35) |
|
|
Net restructuring related expenses |
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(27) |
|
|
|
(188) |
|
|
Sales, general and administrative expenses associated with a VIE |
|
(1,017) |
|
|
|
(1,169) |
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Non-GAAP sales, general and administrative expenses |
$ |
12,268 |
|
|
$ |
11,678 |
|
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Total Non-GAAP operating expenses |
$ |
41,862 |
|
|
$ |
40,028 |
|
|
|
|
|
|
|
|
|
|
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Reconciliation of GAAP non-operating expenses to non-GAAP non-operating income: |
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|
|
|
|
|
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GAAP non-operating expenses |
$ |
(606) |
|
|
$ |
(606) |
|
|
Change in estimated fair value of VIE's notes payable and other |
|
- |
|
|
|
103 |
|
|
Non-operating expenses associated with a VIE |
|
905 |
|
|
|
509 |
|
|
Total Non-GAAP non-operating income |
$ |
299 |
|
|
$ |
6 |
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