Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures | ||||||||||||||||
(In thousands, except per share data) | ||||||||||||||||
|
| ||||||||||||||||
Non-GAAP Income
|
| Three Months Ended
| ||||||||||||||
|
|
| GAAP
|
| GAAP
|
| Stock Compensation
|
| Intangible
|
| Acquisition
|
| Termination
|
| Non-GAAP Measure |
| Non-GAAP Percent of
|
Revenues |
| $230,243 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross margin |
| 135,627 |
| 58.9% |
| $ 324 |
| $ -- |
| $3,967 |
| $ -- |
| $139,918 |
| 60.8% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and development |
| 61,091 |
| 26.5% |
| 6,016 |
| 7,810 |
| -- |
| -- |
| 47,265 |
| 20.5% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative |
| 49,406 |
| 21.5% |
| 6,242 |
| 3,179 |
| -- |
| 256 |
| 39,729 |
| 17.3% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating income |
| 25,130 |
| 10.9% |
| 12,582 |
| 10,989 |
| 3,967 |
| 256 |
| 52,924 |
| 23.0% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-GAAP Earnings Per Share |
| Three Months Ended September 29 , 2018 | ||||||||||||||
|
|
| GAAP Measure |
| Stock Compensation
|
| Intangible
|
| Acquisition
Items* |
| Termination Costs * |
| Non-cash
Expense* |
| Income Tax
|
| Non-GAAP Measure |
| Net income |
| $27,761 |
| $12,582 |
| $10,989 |
| $3,967 |
| $256 |
| $2,801 |
| $(13,700) |
| $44,656 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Diluted shares outstanding |
| 44,194 |
|
|
|
|
|
|
|
|
|
|
|
|
| 44,194 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Diluted earnings per share |
| $ 0.63 |
|
|
|
|
|
|
|
|
|
|
|
|
| $ 1.01 |
|
|
| * Represents pre-tax amounts |
