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2019 THIRD QUARTER OUTLOOK
RECONCILIATION OF GROSS MARGIN TO NON-GAAP GROSS MARGIN (Unaudited) | ||||||||
| Three Months Ending | ||||||||
| September 30, 2019 | ||||||||
| Low | High | |||||||
| Gross margin | 54.9 | % | 55.5 | % | ||||
| Adjustments to reconcile gross margin to non-GAAP gross margin: | ||||||||
| Stock-based compensation expense | 0.4 | % | 0.4 | % | ||||
| Non-GAAP gross margin | 55.3 | % | 55.9 | % | ||||
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RECONCILIATION OF R&D AND SG&A EXPENSES TO NON-GAAP R&D AND SG&A EXPENSES
(Unaudited, in thousands) | ||||||||
| Three Months Ending | ||||||||
| September 30, 2019 | ||||||||
| Low | High | |||||||
| R&D and SG&A expense | $ | 57,100 | $ | 61,100 | ||||
| Adjustments to reconcile R&D and SG&A expense to non-GAAP R&D and SG&A expense: | ||||||||
| Stock-based compensation expense | (17,700 | ) | (19,700 | ) | ||||
| Non-GAAP R&D and SG&A expense | $ | 39,400 | $ | 41,400 | ||||
