| FORMFACTOR, INC. | |||||||||||||
| RECONCILIATION OF GAAP GROSS MARGIN TO NON-GAAP GROSS MARGIN | |||||||||||||
| (Dollars in thousands) | |||||||||||||
| (Unaudited) | |||||||||||||
| Three Months Ended | |||||||||||||
| December 29, 2018 | December 30, 2017 | ||||||||||||
| Gross Profit | Gross Margin | Gross Profit | Gross Margin | ||||||||||
| GAAP Gross Profit/Margin | $ | 56,022 | 39.8 | % | $ | 48,629 | 36.9 | % | |||||
| Adjustments: | |||||||||||||
| Amortization of intangibles | 5,112 | 3.6 | % | 5,473 | 4.1 | % | |||||||
| Stock-based compensation | 960 | 0.7 | % | 1,000 | 0.7 | % | |||||||
| Acquisition and integration related expenses | — | — | % | 68 | 0.1 | % | |||||||
| Non-GAAP Gross Profit/Margin | $ | 62,094 | 44.1 | % | $ | 55,170 | 41.8 | % | |||||
| Fiscal Year Ended | |||||||||||||
| December 29, 2018 | December 30, 2017 | ||||||||||||
| Gross Profit | Gross Margin | Gross Profit | Gross Margin | ||||||||||
| GAAP Gross Profit/Margin | $ | 210,339 | 39.7 | % | $ | 215,597 | 39.3 | % | |||||
| Adjustments: | |||||||||||||
| Amortization of intangibles | 20,530 | 3.9 | % | 23,370 | 4.3 | % | |||||||
| Stock-based compensation | 3,525 | 0.7 | % | 3,539 | 0.6 | % | |||||||
| Acquisition and integration related expenses | — | — | % | 74 | — | % | |||||||
| Contingencies | — | — | % | (30 | ) | — | % | ||||||
| Non-GAAP Gross Profit/Margin | $ | 234,394 | 44.3 | % | $ | 242,550 | 44.2 | % | |||||
