Ansys Announces Financial Results With Record Q4 and FY 2020 Revenue, ACV and Operating Cash Flow
1 Diluted weighted average shares were 87,626.
| |
Three Months Ended |
| |
December 31, 2019 |
|
(in thousands, except percentages and per share data) |
Revenue | |
Gross Profit | |
% | |
Operating Income | |
% | |
Net Income | |
EPS - Diluted
1 |
| Total GAAP | $ | 486,228 | | | $ | 436,632 | | | 89.8 | % | | $ | 185,716 | | | 38.2 | % | | $ | 165,852 | | | | $ | 1.91 | | |
| Acquisition accounting for deferred revenue | 6,265 | | | 6,265 | | | 0.1 | % | | 6,265 | | | 0.8 | % | | 6,265 | | | | 0.07 | | |
| Stock-based compensation expense | — | | | 2,470 | | | 0.5 | % | | 31,406 | | | 6.4 | % | | 31,406 | | | | 0.37 | | |
| Excess payroll taxes related to stock-based awards | — | | | 42 | | | — | % | | 404 | | | 0.1 | % | | 404 | | | | — | | |
| Amortization of intangible assets from acquisitions | — | | | 7,646 | | | 1.6 | % | | 11,473 | | | 2.3 | % | | 11,473 | | | | 0.13 | | |
| Transaction expenses related to business combinations | — | | | — | | | — | % | | 948 | | | 0.2 | % | | 948 | | | | 0.01 | | |
| Rabbi trust (income) / expense | — | | | — | | | — | % | | — | | | — | % | | (101 | ) | | | — | | |
| Adjustment for income tax effect | — | | | — | | | — | % | | — | | | — | % | | (21,534 | ) | | | (0.25 | ) | |
| Total non-GAAP | $ | 492,493 | | | $ | 453,055 | | | 92.0 | % | | $ | 236,212 | | | 48.0 | % | | $ | 194,713 | | | | $ | 2.24 | | |
