Ansys Announces Financial Results With Record Q3 Revenue and ACV
1 Diluted weighted average shares were 87,224.
| |
Three Months Ended |
| |
September 30, 2019 |
|
(in thousands, except percentages and per share data) |
Revenue | |
Gross Profit | |
% | |
Operating Income | |
% | |
Net Income | |
EPS - Diluted1 |
| Total GAAP | $ | 343,899 | | | $ | 302,534 | | | 88.0 | % | | $ | 105,047 | | | 30.5 | % | | $ | 89,463 | | | $ | 1.04 | |
| Acquisition accounting for deferred revenue | 1,596 | | | 1,596 | | | — | % | | 1,596 | | | 0.4 | % | | 1,596 | | | 0.02 | |
| Stock-based compensation expense | — | | | 2,422 | | | 0.7 | % | | 31,862 | | | 9.2 | % | | 31,862 | | | 0.37 | |
| Excess payroll taxes related to stock-based awards | — | | | — | | | — | % | | 137 | | | 0.1 | % | | 137 | | | — | |
| Amortization of intangible assets from acquisitions | — | | | 4,762 | | | 1.4 | % | | 8,549 | | | 2.4 | % | | 8,549 | | | 0.10 | |
| Transaction expenses related to business combinations | — | | | — | | | — | % | | 2,531 | | | 0.7 | % | | 2,531 | | | 0.03 | |
| Rabbi trust (income) / expense | — | | | — | | | — | % | | — | | | — | % | | (45 | ) | | — | |
| Adjustment for income tax effect | — | | | — | | | — | % | | — | | | — | % | | (12,385 | ) | | (0.14 | ) |
| Total non-GAAP | $ | 345,495 | | | $ | 311,314 | | | 90.1 | % | | $ | 149,722 | | | 43.3 | % | | $ | 121,708 | | | $ | 1.42 | |
