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 2012 Targets | |||
(in thousands, except per share amounts) | |||
|
|
|
|
|
Range for Three Months | ||
|
Ending July 31, 2012 (1) | ||
|
Low |
|
High |
Target GAAP expenses |
$ 371,000 |
|
$ 387,000 |
Adjustments: |
|
|
|
Estimated impact of amortization of intangible assets |
(24,000) |
|
(27,000) |
Estimated impact of stock compensation |
(14,000) |
|
(17,000) |
Target non-GAAP expenses |
$ 333,000 |
|
$ 343,000 |
|
|
|
|
|
|
|
|
|
Range for Three Months | ||
|
Ending July 31, 2012 (1) | ||
|
Low |
|
High |
Target GAAP earnings per share |
$ 0.29 |
|
$ 0.34 |
Adjustments: |
|
|
|
Estimated impact of amortization of intangible assets |
0.18 |
|
0.16 |
Estimated impact of stock compensation |
0.11 |
|
0.09 |
Net non-GAAP tax adjustments |
(0.09) |
|
(0.08) |
Target non-GAAP earnings per share |
$ 0.49 |
|
$ 0.51 |
|
|
|
|
Shares used in non-GAAP calculation (midpoint of target range) |
151,000 |
|
151,000 |
|
|
|
|
|
|
|
|
GAAP to Non-GAAP Reconciliation of Full Fiscal Year 2012 Targets | |||
|
|
|
|
|
Range for Fiscal Year | ||
|
Ending October 31, 2012 (1) | ||
|
Low |
|
High |
Target GAAP earnings per share |
$ 1.04 |
|
$ 1.16 |
Adjustments: |
|
|
|
Estimated impact of amortization of intangible assets |
0.66 |
|
0.62 |
Estimated impact of stock compensation |
0.49 |
|
0.45 |
Acquisition-related costs |
0.22 |
|
0.22 |
Facility restructuring charges |
0.00 |
|
0.00 |
Net non-GAAP tax adjustments |
(0.38) |
|
(0.38) |
Target non-GAAP earnings per share |
$ 2.03 |
|
$ 2.07 |
|
|
|
|
Shares used in non-GAAP calculation (midpoint of target range) |
150,000 |
|
150,000 |
|
|
|
|