Cadence Design Systems, Inc. |
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As of February 4, 2015 |
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Impact of Non-GAAP Adjustments on Forward Looking Diluted Net Income Per Share |
||||
(Unaudited) |
||||
Three Months Ending |
Year Ending |
|||
April 4, 2015 |
January 2, 2016 |
|||
Forecast |
Forecast |
|||
Diluted net income per share on a GAAP basis |
$0.08 to $0.10 |
$0.49 to $0.61 |
||
Amortization of acquired intangibles |
0.05 |
0.21 |
||
Stock-based compensation expense |
0.07 |
0.31 |
||
Acquisition and integration-related costs |
0.01 |
0.03 |
||
Amortization of debt discount |
0.02 |
0.02 |
||
Income tax effect of non-GAAP adjustments |
(0.03) |
(0.12) |
||
Diluted net income per share on a non-GAAP basis |
$0.20 to $0.22 |
$0.94 to $1.06 |
||
Cadence Design Systems, Inc. |
||||
As of February 4, 2015 |
||||
Impact of Non-GAAP Adjustments on Forward Looking Net Income |
||||
(Unaudited) |
||||
Three Months Ending |
Year Ending |
|||
April 4, 2015 |
January 2, 2016 |
|||
($ in millions) |
Forecast |
Forecast |
||
Net income on a GAAP basis |
$26 to $33 |
$153 to $190 |
||
Amortization of acquired intangibles |
16 |
64 |
||
Stock-based compensation expense |
22 |
95 |
||
Acquisition and integration-related costs |
3 |
8 |
||
Amortization of debt discount |
5 |
7 |
||
Income tax effect of non-GAAP adjustments |
(10) |
(36) |
||
Net income on a non-GAAP basis |
$62 to $69 |
$291 to $328 |