Note: Included in GAAP and non-GAAP adjusted net income was approximately $9.1 million, net of tax, non-cash share-based compensation expense. Excluding share-based compensation expense, both GAAP and non-GAAP adjusted diluted earnings per share would have improved by $0.18 per share.

DIODES INCORPORATED AND SUBSIDIARIES
CONSOLIDATED RECONCILIATION OF NET INCOME TO ADJUSTED NET INCOME – Cont.
(in thousands, except per share data)
(unaudited)
For the twelve months ended December 31, 2015:
				COGS		Operating Expenses		Income Tax Provision			Net Income
Per-GAAP											$	24,274
Earnings per share (Per-GAAP)
Diluted											$	0.49
Adjustments to reconcile net income to Non-GAAP net income:
M&A Activities
	Pericom											10,365
		Inventory adjustment		3,060				(153	)
		Transaction costs				1,493		(522	)
		Retention costs				132		(46	)
		Amortization of acquisition related intangible assets				1,101		(198	)
		Employee award costs		253		7,613		(2,368	)
	Others											6,037
		Retention costs				83		(13	)
		Amortization of acquisition related intangible assets				7,496		(1,529	)
Impairment loss on long-lived assets						1,470		(220	)			1,250
Severance						645		(226	)			419
Non-GAAP											$	42,345
Diluted shares used in computing earnings per share												49,500
Non-GAAP earnings per share
Diluted											$	0.86

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11  Next Page »