Ansys Announces Financial Results With Record Q4 and FY 2020 Revenue, ACV and Operating Cash Flow
| |
Three Months Ended |
| |
December 31, 2020 |
|
(in thousands, except percentages and per share data) |
Revenue | |
Gross Profit | |
% | |
Operating Income | |
% | |
Net Income | |
EPS - Diluted
1 |
| Total GAAP |
$ |
623,686 | | |
$ |
555,783 | | |
89.1 |
% | |
$ |
259,391 | | |
41.6 |
% | |
$ |
215,632 | | | |
$ |
2.46 | | |
| Acquisition accounting for deferred revenue |
4,085 | | |
4,085 | | |
0.1 |
% | |
4,085 | | |
0.4 |
% | |
4,085 | | | |
0.05 | | |
| Stock-based compensation expense |
— | | |
3,670 | | |
0.6 |
% | |
42,359 | | |
6.7 |
% | |
42,359 | | | |
0.47 | | |
| Excess payroll taxes related to stock-based awards |
— | | |
39 | | |
— |
% | |
520 | | |
0.1 |
% | |
520 | | | |
0.01 | | |
| Amortization of intangible assets from acquisitions |
— | | |
11,415 | | |
1.8 |
% | |
15,452 | | |
2.4 |
% | |
15,452 | | | |
0.18 | | |
| Transaction expenses related to business combinations |
— | | |
— | | |
— |
% | |
2,321 | | |
0.4 |
% | |
2,321 | | | |
0.03 | | |
| Rabbi trust (income) / expense |
— | | |
— | | |
— |
% | |
— | | |
— |
% | |
(1 |
) | | |
— | | |
| Adjustment for income tax effect |
— | | |
— | | |
— |
% | |
— | | |
— |
% | |
(20,668 |
) | | |
(0.24 |
) | |
| Total non-GAAP |
$ |
627,771 | | |
$ |
574,992 | | |
91.6 |
% | |
$ |
324,128 | | |
51.6 |
% | |
$ |
259,700 | | | |
$ |
2.96 | | |
