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FORMFACTOR, INC.
RECONCILIATION OF NON-GAAP NET INCOME (In thousands, except per share amounts) (Unaudited) | |||||||||||||||
| Three Months Ended | Six Months Ended | ||||||||||||||
| July 1, 2017 | June 25, 2016 | July 1, 2017 | June 25, 2016 | ||||||||||||
| GAAP net income | $ | 17,577 | $ | 36,884 | $ | 22,762 | $ | 23,084 | |||||||
| Adjustments to reconcile GAAP net income to Non-GAAP net income: | |||||||||||||||
| Stock-based compensation | 3,390 | 1,541 | 6,692 | 4,275 | |||||||||||
| Restructuring and impairment charges, net | 44 | 6,910 | 313 | 6,910 | |||||||||||
| Acquisition and integration related expenses | 419 | 3,795 | 1,007 | 5,796 | |||||||||||
| Amortization of intangibles | 7,934 | 2,767 | 16,474 | 5,537 | |||||||||||
| Contingencies | — | — | (206) | — | |||||||||||
| Income tax valuation allowance release | — | (43,938 | ) | — | (43,938 | ) | |||||||||
| Income tax effect of non-GAAP adjustments | (130 | ) | — | (557 | ) | — | |||||||||
| Non-GAAP net income | $ | 29,234 | $ | 7,959 | $ | 46,485 | $ | 1,664 | |||||||
| Non-GAAP net income per share: | |||||||||||||||
| Basic | $ | 0.40 | $ | 0.13 | $ | 0.65 | $ | 0.03 | |||||||
| Diluted | $ | 0.40 | $ | 0.13 | $ | 0.64 | $ | 0.03 | |||||||
| Weighted-average number of shares used in per share calculations: | |||||||||||||||
| Basic | 72,200 | 59,572 | 71,821 | 59,001 | |||||||||||
| Diluted | 73,539 | 59,988 | 73,185 | 59,639 | |||||||||||
