Three Months Ended | ||||||||||||||||||||||
June 30, 2019 | ||||||||||||||||||||||
(in thousands, except percentages and per share data) | Revenue |
Gross
Profit | % |
Operating
Income | % |
Net
Income |
EPS -
Diluted1 | |||||||||||||||
Total GAAP | $ | 368,635 | $ | 328,138 | 89.0 | % | $ | 128,628 | 34.9 | % | $ | 109,750 | $ | 1.28 | ||||||||
Acquisition accounting for deferred revenue | 1,873 | 1,873 | 0.1 | % | 1,873 | 0.3 | % | 1,873 | 0.02 | |||||||||||||
Stock-based compensation expense | — | 2,374 | 0.7 | % | 29,122 | 7.9 | % | 29,122 | 0.35 | |||||||||||||
Excess payroll taxes related to stock-based awards | — | 11 | — | % | 389 | 0.1 | % | 389 | — | |||||||||||||
Amortization of intangible assets from acquisitions | — | 4,755 | 1.2 | % | 8,551 | 2.3 | % | 8,551 | 0.10 | |||||||||||||
Transaction expenses related to business combinations | — | — | — | % | 450 | 0.1 | % | 450 | 0.01 | |||||||||||||
Rabbi trust (income) / expense | — | — | — | % | — | — | % | (58 | ) | — | ||||||||||||
Adjustment related to the Tax Cuts and Jobs Act | — | — | — | % | — | — | % | (498 | ) | (0.01 | ) | |||||||||||
Adjustment for income tax effect | — | — | — | % | — | — | % | (11,673 | ) | (0.14 | ) | |||||||||||
Total non-GAAP | $ | 370,508 | $ | 337,151 | 91.0 | % | $ | 169,013 | 45.6 | % | $ | 137,906 | $ | 1.61 |