Ansys Announces Q1 2020 Financial Results


ANSYS, INC. AND SUBSIDIARIES
Reconciliation of Non-GAAP Measures
(Unaudited)
  Three Months Ended
  March 31, 2020  March 31, 2019
(in thousands, except percentages and per share data) GAAP
Results
  Adjustments  Non-GAAP
Results
  GAAP
Results
  Adjustments  Non-GAAP
Results
Total revenue $ 304,985   $ 3,912  (1 ) $ 308,897  $317,130  $2,780 (4)$319,910 
Operating income 34,073   56,500  (2 ) 90,573  95,649  41,537 (5)137,186 
Operating profit margin 11.2 %    29.3 % 30.2%   42.9%
Net income $ 46,064   $ 26,241  (3 ) $ 72,305  $86,230  $24,440 (6)$110,670 
Earnings per share – diluted:                     
Earnings per share $ 0.53         $ 0.83     $ 1.01         $ 1.29  
Weighted average shares 87,369         87,369     85,493         85,493  

(1) Amount represents the revenue not reported during the period as a result of the acquisition accounting adjustment associated with the accounting for deferred revenue in business combinations.

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