Ansys Announces Q1 Financial Results
1 Diluted weighted average shares were 87,780.
| |
Three Months Ended |
| |
March 31, 2023 |
|
(in thousands, except percentages and per share data) |
Gross Profit | |
% of Revenue | |
Operating Income | |
% of Revenue | |
Net Income | |
EPS - Diluted
1 |
| Total GAAP | $ | 441,795 | | 86.7 | % | | $ | 127,695 | | 25.1 | % | | $ | 100,622 | | | $ | 1.15 | |
| Stock-based compensation expense | | 2,878 | | 0.6 | % | | | 44,171 | | 8.7 | % | | | 44,171 | | | | 0.50 | |
| Excess payroll taxes related to stock-based awards | | 284 | | 0.1 | % | | | 4,076 | | 0.8 | % | | | 4,076 | | | | 0.05 | |
| Amortization of intangible assets from acquisitions | | 19,618 | | 3.8 | % | | | 24,799 | | 4.8 | % | | | 24,799 | | | | 0.28 | |
| Expenses related to business combinations | | — | | — | % | | | 2,192 | | 0.4 | % | | | 2,192 | | | | 0.03 | |
| Adjustment for income tax effect | | — | | — | % | | | — | | — | % | | | (14,097 | ) | | | (0.16 | ) |
| Total non-GAAP | $ | 464,575 | | 91.2 | % | | $ | 202,933 | | 39.8 | % | | $ | 161,763 | | | $ | 1.85 | |
