Ansys Announces Financial Results With Record Q4 and FY 2020 Revenue, ACV and Operating Cash Flow
1 Diluted weighted average shares were 87,288.
|
Twelve Months Ended | |
December 31, 2019 |
(in thousands, except percentages and per share data) |
Revenue | |
Gross Profit | |
% | |
Operating Income | |
% | |
Net Income | |
EPS - Diluted
1 | Total GAAP | $ | 1,515,892 | | | $ | 1,349,619 | | | 89.0 | % | | $ | 515,040 | | | 34.0 | % | | $ | 451,295 | | | | $ | 5.25 | | | Acquisition accounting for deferred revenue | 12,514 | | | 12,514 | | | 0.1 | % | | 12,514 | | | 0.5 | % | | 12,514 | | | | 0.15 | | | Stock-based compensation expense | — | | | 8,494 | | | 0.5 | % | | 116,190 | | | 7.7 | % | | 116,190 | | | | 1.34 | | | Excess payroll taxes related to stock-based awards | — | | | 518 | | | 0.1 | % | | 4,920 | | | 0.3 | % | | 4,920 | | | | 0.06 | | | Amortization of intangible assets from acquisitions | — | | | 21,710 | | | 1.4 | % | | 36,879 | | | 2.4 | % | | 36,879 | | | | 0.43 | | | Transaction expenses related to business combinations | — | | | — | | | — | % | | 6,590 | | | 0.4 | % | | 6,590 | | | | 0.08 | | | Rabbi trust (income) / expense | — | | | — | | | — | % | | — | | | — | % | | (369 | ) | | | — | | | Adjustment related to the Tax Cuts and Jobs Act | — | | | — | | | — | % | | — | | | — | % | | (1,834 | ) | | | (0.02 | ) | | Adjustment for income tax effect | — | | | — | | | — | % | | — | | | — | % | | (61,188 | ) | | | (0.71 | ) | | Total non-GAAP | $ | 1,528,406 | | | $ | 1,392,855 | | | 91.1 | % | | $ | 692,133 | | | 45.3 | % | | $ | 564,997 | | | | $ | 6.58 | | |
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