Ansys Announces Financial Results With Record Q2 ACV and Revenue
1 Diluted weighted average shares were 88,019.
| |
Six Months Ended |
| |
June 30, 2020 |
|
(in thousands, except percentages and per share data) |
Revenue | |
Gross Profit | |
% | |
Operating Income | |
% | |
Net Income | |
EPS - Diluted
1 |
| Total GAAP | $ | 690,646 | | | $ | 586,670 | | | 84.9 | % | | $ | 146,880 | | | 21.3 | % | | $ | 142,628 | | | | $ | 1.64 | | |
| Acquisition accounting for deferred revenue | 7,952 | | | 7,952 | | | 0.2 | % | | 7,952 | | | 0.9 | % | | 7,952 | | | | 0.09 | | |
| Stock-based compensation expense | — | | | 6,330 | | | 1.0 | % | | 65,071 | | | 9.4 | % | | 65,071 | | | | 0.75 | | |
| Excess payroll taxes related to stock-based awards | — | | | 689 | | | 0.1 | % | | 8,859 | | | 1.2 | % | | 8,859 | | | | 0.10 | | |
| Amortization of intangible assets from acquisitions | — | | | 19,316 | | | 2.7 | % | | 27,641 | | | 4.0 | % | | 27,641 | | | | 0.32 | | |
| Transaction expenses related to business combinations | — | | | — | | | — | % | | 1,259 | | | 0.1 | % | | 1,259 | | | | 0.01 | | |
| Rabbi trust (income) / expense | — | | | — | | | — | % | | — | | | — | % | | (5 | ) | | | — | | |
| Adjustment for income tax effect | — | | | — | | | — | % | | — | | | — | % | | (46,773 | ) | | | (0.54 | ) | |
| Total non-GAAP | $ | 698,598 | | | $ | 620,957 | | | 88.9 | % | | $ | 257,662 | | | 36.9 | % | | $ | 206,632 | | | | $ | 2.37 | | |
