Himax Technologies, Inc. | ||||||||||
Non-GAAP Unaudited Supplemental Data – Reconciliation Schedule | ||||||||||
(Amounts in Thousands of U.S. Dollars) | ||||||||||
Gross Margin, Operating Margin and Net Margin Excluding Share-Based Compensation and Acquisition-Related Charges: | ||||||||||
Twelve
Months
Ended December 3 1 , | ||||||||||
20 1 6 | 20 1 5 | |||||||||
Revenues | $ | 802,917 | $ | 691,789 | ||||||
Gross profit | 194,312 | 163,138 | ||||||||
Add: Share-based compensation – Cost of revenues | 224 | 110 | ||||||||
Gross profit excluding share-based compensation | 194,536 | 163,248 | ||||||||
Gross margin excluding share-based compensation | 24.2 | % | 23.6 | % | ||||||
Operating income | 59,235 | 30,672 | ||||||||
Add: Share-based compensation | 10,409 | 6,274 | ||||||||
Operating income excluding share-based compensation | 69,644 | 36,946 | ||||||||
Add: Acquisition-related charges –Intangible assets amortization | 985 | 845 | ||||||||
Operating income excluding share-based compensation and acquisition-related charges | 70,629 | 37,791 | ||||||||
Operating margin excluding share-based compensation and acquisition-related charges | 8.8 | % | 5.5 | % | ||||||
Net income attributable to Himax Technologies, Inc. stockholders | 50,912 | 25,195 | ||||||||
Add: Share-based compensation, net of tax | 8,245 | 4,932 | ||||||||
Add: Acquisition-related charges, net of tax | 590 | 487 | ||||||||
Net income attributable to Himax Technologies, Inc. stockholders excluding share-based compensation and acquisition-related charges | 59,747 | 30,614 | ||||||||
Net margin attributable to Himax Technologies, Inc. stockholders excluding share-based compensation and acquisition-related charges | 7.4 | % | 4.4 | % | ||||||
*Gross margin excluding share-based compensation equals gross profit excluding share-based compensation divided by revenues | ||||||||||
*Operating margin excluding share-based compensation and acquisition-related charges equals operating income excluding share-based compensation and acquisition-related charges divided by revenues | ||||||||||
*Net margin attributable to Himax Technologies, Inc. stockholders excluding share-based compensation and acquisition-related charges equals net income attributable to Himax Technologies, Inc. stockholders excluding share-based compensation and acquisition-related charges divided by revenues |