Ansys Announces Financial Results With Record Q1 ACV, Revenue and Operating Cash Flow
1 Diluted weighted average shares were 87,750.
| |
Three Months Ended |
| |
March 31, 2021 |
|
(in thousands, except percentages and per share data) |
Revenue | |
Gross Profit | |
% | |
Operating Income | |
% | |
Net Income | |
EPS - Diluted
1 |
| Total GAAP | $ | 363,226 | | $ | 301,123 | | 82.9 | % | | $ | 50,022 | | 13.8 | % | | $ | 72,398 | | | $ | 0.82 | |
| Acquisition accounting for deferred revenue | | 8,923 | | | 8,923 | | 0.4 | % | | | 8,923 | | 2.0 | % | | | 8,923 | | | | 0.10 | |
| Stock-based compensation expense | | — | | | 3,562 | | 1.0 | % | | | 35,119 | | 9.5 | % | | | 35,119 | | | | 0.41 | |
| Excess payroll taxes related to stock-based awards | | — | | | 865 | | 0.2 | % | | | 9,135 | | 2.5 | % | | | 9,135 | | | | 0.10 | |
| Amortization of intangible assets from acquisitions | | — | | | 14,949 | | 4.0 | % | | | 19,356 | | 5.2 | % | | | 19,356 | | | | 0.22 | |
| Transaction expenses related to business combinations | | — | | | — | | — | % | | | 1,970 | | 0.5 | % | | | 1,970 | | | | 0.02 | |
| Adjustment for income tax effect | | — | | | — | | — | % | | | — | | — | % | | | (47,979 | ) | | | (0.55 | ) |
| Total non-GAAP | $ | 372,149 | | $ | 329,422 | | 88.5 | % | | $ | 124,525 | | 33.5 | % | | $ | 98,922 | | | $ | 1.12 | |
