Reconciliation of Target Operating Results
The following tables reconcile the specific items excluded from GAAP in the calculation of target non-GAAP operating results for the periods indicated below:
GAAP to Non-GAAP Reconciliation of Third Quarter Fiscal Year 2009 Targets
(in thousands, except per share amounts)
Range for Three
Months
Ending July 31,
2009
------------------
Low High
-------- --------
Target GAAP expenses $284,500 $300,000
Adjustment:
Estimated impact of amortization of
intangible assets (10,500) (14,000)
Estimated impact of share-based
compensation (13,000) (15,000)
------- -------
Target non-GAAP expenses $261,000 $271,000
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Range for Three
Months
Ending July 31,
2009
-----------------
Low High
------ -------
Target GAAP earnings per share $0.26 $0.31
Adjustment:
Estimated impact of amortization of
intangible assets 0.10 0.07
Estimated impact of share-based compensation 0.10 0.09
Net non-GAAP tax effect (0.06) (0.05)
----- -----
Target non-GAAP earnings per share $0.40 $0.42
===== =====
Shares used in non-GAAP calculation (midpoint of
target range) 146,500 146,500
GAAP to Non-GAAP Reconciliation of Fiscal Year 2009 Targets
Range for Fiscal Year
Ending October 31, 2009
-----------------------
Low High
--- ----
Target GAAP earnings per share $1.11 $1.26
Adjustment:
Estimated impact of amortization of intangible
assets 0.32 0.28
Estimated impact of share-based compensation 0.41 0.39
In-process research and development 0.01 0.01
Net non-GAAP tax effect (0.23) (0.22)
----- -----
Target non-GAAP earnings per share $1.62 $1.72
===== =====
Shares used in non-GAAP calculation (midpoint of
target range) 146,500 146,500
