(2) Included are $11.0 million of estimated costs for legal and other settlements
(in millions, except per share data) | Six Months Ended June 30, 2021, (1) | |||||||||||||||||||||||
GAAP | Amortization, stock-based compensation & other | Legal, acquisition and divestiture -related (2) | Cost optimization plan and other | Divestitures (3) | Non-GAAP | |||||||||||||||||||
Revenue | $ | 308.7 | $ | — | $ | — | $ | — | $ | (52.3 | ) | $ | 256.4 | |||||||||||
Gross Profit | 133.3 | 0.3 | — | (0.4 | ) | (24.1 | ) | 109.1 | ||||||||||||||||
Gross Profit Margin | 43.2 | % | 42.6 | % | ||||||||||||||||||||
Operating expenses | 145.3 | (35.1 | ) | (2.2 | ) | (1.6 | ) | (12.6 | ) | 93.8 | ||||||||||||||
Operating (loss) income | (12.0 | ) | 35.4 | 2.2 | 1.3 | (11.5 | ) | 15.4 | ||||||||||||||||
Interest and other income (expense), net | 38.5 | — | (39.4 | ) | — | (0.1 | ) | (0.8 | ) | |||||||||||||||
Net income (loss) | 35.6 | 35.4 | (37.1 | ) | 1.2 | (11.6 | ) | 23.5 | ||||||||||||||||
Diluted income (loss) per share | $ | 0.28 | $ | 0.29 | $ | (0.30 | ) | $ | 0.01 | $ | (0.09 | ) | $ | 0.19 | ||||||||||
Diluted shares outstanding | 125.1 | 125.1 |