(1) For purposes of internal forecasting, planning and analyzing future
periods that assume net income from operations, the Company estimates a
fixed, long-term projected tax rate of approximately 36 percent, which
consists of estimated U.S. federal and state tax rates, and excludes tax
rates associated with certain items such as withholding tax, tax
credits, deferred tax asset valuation allowance and the release of any
deferred tax asset valuation allowance. Accordingly, the Company has
applied the 36 percent tax rate to its non-GAAP financial results for
all periods to assist the Company’s planning for future periods.
View source version on businesswire.com:
http://www.businesswire.com/news/home/20151019006369/en/
Contact:
Rambus Inc.
Linda Ashmore, 408-462-8411
Corporate
Communications
Email Contact
or
Rambus
Inc.
Nicole Noutsios, 408-462-8050
Investor Relations
Email Contact