Ansys Announces Financial Results With Record Q3 Revenue and ACV
1 Diluted weighted average shares were 85,733.
| |
Nine Months Ended |
| |
September 30, 2020 |
|
(in thousands, except percentages and per share data) |
Revenue | |
Gross Profit | |
% | |
Operating Income | |
% | |
Net Income | |
EPS - Diluted1 |
| Total GAAP |
$ |
1,057,611 | | |
$ |
900,250 | | |
85.1 |
% | |
$ |
236,965 | | |
22.4 |
% | |
$ |
218,255 | | |
$ |
2.50 | |
| Acquisition accounting for deferred revenue |
10,116 | | |
10,116 | | |
0.2 |
% | |
10,116 | | |
0.7 |
% | |
10,116 | | |
0.12 | |
| Stock-based compensation expense |
— | | |
9,956 | | |
0.9 |
% | |
103,256 | | |
9.7 |
% | |
103,256 | | |
1.19 | |
| Excess payroll taxes related to stock-based awards |
— | | |
774 | | |
0.1 |
% | |
9,591 | | |
0.9 |
% | |
9,591 | | |
0.11 | |
| Amortization of intangible assets from acquisitions |
— | | |
29,227 | | |
2.7 |
% | |
41,789 | | |
3.9 |
% | |
41,789 | | |
0.48 | |
| Transaction expenses related to business combinations |
— | | |
— | | |
— |
% | |
2,808 | | |
0.3 |
% | |
2,808 | | |
0.03 | |
| Rabbi trust (income) / expense |
— | | |
— | | |
— |
% | |
— | | |
— |
% | |
(5 |
) | |
— | |
| Adjustment for income tax effect |
— | | |
— | | |
— |
% | |
— | | |
— |
% | |
(60,906 |
) | |
(0.70 |
) |
| Total non-GAAP |
$ |
1,067,727 | | |
$ |
950,323 | | |
89.0 |
% | |
$ |
404,525 | | |
37.9 |
% | |
$ |
324,904 | | |
$ |
3.73 | |
