Ansys Announces Financial Results With Record Q2 ACV and Revenue
1 Diluted weighted average shares were 88,053.
| |
Three Months Ended |
| |
June 30, 2020 |
|
(in thousands, except percentages and per share data) |
Revenue | |
Gross Profit | |
% | |
Operating Income | |
% | |
Net Income | |
EPS - Diluted
1 |
| Total GAAP | $ | 385,661 | | | $ | 331,801 | | | 86.0 | % | | $ | 112,807 | | | 29.3 | % | | $ | 96,564 | | | | $ | 1.11 | | |
| Acquisition accounting for deferred revenue | 4,040 | | | 4,040 | | | 0.2 | % | | 4,040 | | | 0.7 | % | | 4,040 | | | | 0.05 | | |
| Stock-based compensation expense | — | | | 3,464 | | | 0.8 | % | | 34,130 | | | 8.9 | % | | 34,130 | | | | 0.40 | | |
| Excess payroll taxes related to stock-based awards | — | | | 166 | | | 0.1 | % | | 1,876 | | | 0.4 | % | | 1,876 | | | | 0.02 | | |
| Amortization of intangible assets from acquisitions | — | | | 9,764 | | | 2.5 | % | | 13,927 | | | 3.6 | % | | 13,927 | | | | 0.16 | | |
| Transaction expenses related to business combinations | — | | | — | | | — | % | | 309 | | | — | % | | 309 | | | | — | | |
| Rabbi trust (income) / expense | — | | | — | | | — | % | | — | | | — | % | | (1 | ) | | | — | | |
| Adjustment for income tax effect | — | | | — | | | — | % | | — | | | — | % | | (16,518 | ) | | | (0.19 | ) | |
| Total non-GAAP | $ | 389,701 | | | $ | 349,235 | | | 89.6 | % | | $ | 167,089 | | | 42.9 | % | | $ | 134,327 | | | | $ | 1.55 | | |
