RECONCILIATION OF INCOME BEFORE INCOME TAXES TO NON-GAAP INCOME BEFORE INCOME TAXES
(Unaudited, in thousands)
| Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
| 2022 | 2021 | 2022 | 2021 | |||||||||||||
| Total income before income taxes | $ | 136,796 | $ | 63,659 | $ | 232,296 | $ | 112,332 | ||||||||
| Adjustments to reconcile income before income taxes to non-GAAP income before income taxes: | ||||||||||||||||
| Stock-based compensation expense | 42,915 | 32,126 | 82,726 | 60,710 | ||||||||||||
| Amortization of purchased intangible assets | 33 | - | 66 | - | ||||||||||||
| Deferred compensation plan expense (income) | (302 | ) | 290 | (475 | ) | 233 | ||||||||||
| Non-GAAP income before income taxes | $ | 179,442 | $ | 96,075 | $ | 314,613 | $ | 173,275 | ||||||||
2022 THIRD QUARTER OUTLOOK
