UNAUDITED GAAP TO NON-GAAP RECONCILIATION CONTINUED
FINANCIAL MEASURES OTHER THAN CONSTANT CURRENCY CONTINUED
(in thousands, except per share data)
|
|
Three Months Ended
|
|
Year Ended
|
||||||||||||
|
|
|
2023 |
|
|
|
2022 |
|
|
|
2023 |
|
|
|
2022 |
|
GAAP provision for income taxes |
|
$ |
48,866 |
|
|
$ |
73,546 |
|
|
$ |
196,151 |
|
|
$ |
237,484 |
|
Tax impact on non-GAAP adjustments (3) |
|
|
(2,998 |
) |
|
|
(39,997 |
) |
|
|
(31,415 |
) |
|
|
(85,426 |
) |
Non-GAAP provision for income taxes (3) |
|
$ |
45,868 |
|
|
$ |
33,549 |
|
|
$ |
164,736 |
|
|
$ |
152,058 |
|
|
|
|
|
|
|
|
|
|
||||||||
GAAP effective tax rate |
|
|
28.3 |
% |
|
|
63.8 |
% |
|
|
30.6 |
% |
|
|
39.6 |
% |
| Non-GAAP effective tax rate (3) |
|
|
20.0 |
% |
|
|
20.0 |
% |
|
|
20.0 |
% |
|
|
20.0 |
% |
|
|
|
|
|
|
|
|
|
|
||||||||
| GAAP net income |
|
$ |
124,014 |
|
|
$ |
41,775 |
|
|
$ |
445,053 |
|
|
$ |
361,573 |
|
| Stock-based compensation |
|
|
38,829 |
|
|
|
34,688 |
|
|
|
154,026 |
|
|
|
133,367 |
|
| Amortization of intangibles (1) |
|
|
3,639 |
|
|
|
3,420 |
|
|
|
14,679 |
|
|
|
13,551 |
|
| Restructuring and other charges (2) |
|
|
13,989 |
|
|
|
14,319 |
|
|
|
13,989 |
|
|
|
14,319 |
|
| Tax impact on non-GAAP adjustments (3) |
|
|
2,998 |
|
|
|
39,997 |
|
|
|
31,415 |
|
|
|
85,426 |
|
| Non-GAAP net income (3) |
|
$ |
183,469 |
|
|
$ |
134,199 |
|
|
$ |
659,162 |
|
|
$ |
608,236 |
|
|
|
|
|
|
|
|
|
|
|
||||||||
| GAAP diluted net income per share |
|
$ |
1.64 |
|
|
$ |
0.54 |
|
|
$ |
5.81 |
|
|
$ |
4.61 |
|
| Non-GAAP diluted net income per share (3) |
|
$ |
2.42 |
|
|
$ |
1.73 |
|
|
$ |
8.61 |
|
|
$ |
7.76 |
|
|
|
|
|
|
|
|
|
|
|
||||||||
| Shares used in computing diluted net income per share |
|
|
75,802 |
|
|
|
77,683 |
|
|
|
76,568 |
|
|
|
78,420 |
|
