(Unaudited)
Three Months Ending | ||||||||
September 30, 2022 | ||||||||
Low | High | |||||||
Gross margin | 58.4 | % | 59.0 | % | ||||
Adjustment to reconcile gross margin to non-GAAP gross margin: | ||||||||
Stock-based compensation expense | 0.3 | % | 0.3 | % | ||||
Non-GAAP gross margin | 58.7 | % | 59.3 | % |
RECONCILIATION OF R&D AND SG&A EXPENSES TO NON-GAAP R&D AND SG&A EXPENSES
(Unaudited, in thousands)
Three Months Ending | ||||||||
September 30, 2022 | ||||||||
Low | High | |||||||
R&D and SG&A expenses | $ | 136,200 | $ | 140,200 | ||||
Adjustments to reconcile R&D and SG&A expenses to non-GAAP R&D and SG&A expenses: | ||||||||
Stock-based compensation expense | (41,500 | ) | (43,500 | ) | ||||
Non-GAAP R&D and SG&A expenses | $ | 94,700 | $ | 96,700 |