Non-GAAP financial measures are not in accordance with, or an alternative for, generally accepted accounting principles in the United States. The Company's non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures, and should be read only in conjunction with the Company's consolidated financial statements prepared in accordance with GAAP.
Pursuant to the requirements of Regulation G, the Company has provided a reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures as listed below:
GAAP Reporting Measure |
Non-GAAP Reporting Measure |
||
Revenue | Non-GAAP Revenue | ||
Operating Profit | Non-GAAP Operating Profit | ||
Operating Profit Margin | Non-GAAP Operating Profit Margin | ||
Net Income | Non-GAAP Net Income | ||
Diluted Earnings Per Share | Non-GAAP Diluted Earnings Per Share | ||
About ANSYS, Inc.
ANSYS, Inc., founded in 1970, develops and globally markets engineering simulation software and technologies widely used by engineers, designers, researchers and students across a broad spectrum of industries and academia. The Company focuses on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for fast, efficient and cost-conscious product development, from design concept to final-stage testing and validation. The Company and its global network of channel partners provide sales, support and training for customers. Headquartered in Canonsburg, Pa., U.S.A., with more than 60 strategic sales locations throughout the world, ANSYS, Inc. and its subsidiaries employ more than 1,600 people and distribute ANSYS products through a network of sales offices and channel partners in 40+ countries. Visit www.ansys.com for more information.
Forward Looking Information
Certain statements contained in the press release regarding matters that
are not historical facts, including, but not limited to, statements
regarding our projections for revenue and earnings per share for the
third quarter and fiscal year 2010 (both GAAP and non-GAAP to exclude
acquisition-related amortization and stock-based compensation expense);
statements about management's views concerning the Company's prospects
in the remainder of 2010; statements and projections relating to the
impact of stock-based compensation; statements that this quarter’s
results continue the improved business momentum, that we are encouraged
by our first half performance despite pockets of uncertainty that remain
in the global business climate, and that we continue to validate our
belief about the future potential of simulation through our customers’
continued adoption of the ANSYS simulation suite to transform their
product design processes, taking advantage of the strength of our broad
physics portfolio to drive innovation, efficiencies and productivity
gains are "forward-looking" statements (as defined in the Private
Securities Litigation Reform Act of 1995). Because such statements are
subject to risks and uncertainties, actual results may differ materially
from those expressed or implied by such forward-looking statements. All
forward-looking statements in this press release are subject to risks
and uncertainties, including, but not limited to, the risk of
deterioration in the global economy, the risk that adverse conditions in
the global economy will significantly affect ANSYS’ customers’ ability
to make new purchases from the Company or to pay for prior purchases,
the risk of continued or increased declines in the economy of one or
more of ANSYS’ primary geographic regions, the risk that ANSYS’
operating results will be adversely affected by changes in currency
exchange rates, the risk that the assumptions underlying ANSYS’
anticipated revenues and expenditures will change or prove inaccurate,
the risk that ANSYS has overestimated its ability to maintain growth and
profitability and control costs, uncertainties regarding the demand for
ANSYS’ products and services in future periods, the risk that ANSYS has
overestimated the strength of the demand among its customers for its
products, the risk of difficulties in the relationship with ANSYS’
independent regional channel partners, and other factors that are
detailed from time to time in reports filed by ANSYS, Inc. with the
Securities and Exchange Commission, including ANSYS, Inc.'s 2009 Annual
Report and Form 10-K, as amended. We undertake no obligation to publicly
update or revise any forward-looking statements, whether changes occur
as a result of new information or future events, after the date they
were made.