Mentor Graphics Reports Fiscal Fourth Quarter Results and Announces 11% Dividend Increase
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MENTOR GRAPHICS CORPORATION
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FOOTNOTES TO UNAUDITED CONDENSED
CONSOLIDATED STATEMENTS OF INCOME
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(In thousands)
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Listed below are the items included in net income that management
excludes in computing the non-GAAP financial measures referred to in
the text of this press release. Items are further described under
"Discussion of Non-GAAP Financial Measures."
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Three Months Ended January 31,
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Twelve Months Ended January 31,
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2014
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2013
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2014
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2013
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(1) Cost of revenues:
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Equity plan-related compensation
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$
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554
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$
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449
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$
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1,992
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$
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1,529
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Amortization of purchased technology
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950
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1,709
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3,598
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7,801
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$
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1,504
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$
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2,158
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$
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5,590
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$
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9,330
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(2) Research and development:
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Equity plan-related compensation
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$
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3,164
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$
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2,602
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$
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11,182
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$
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9,206
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(3) Marketing and selling:
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Equity plan-related compensation
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$
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2,126
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$
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1,836
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$
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7,777
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$
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6,654
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(4) General and administration:
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Equity plan-related compensation
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$
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2,237
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$
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1,648
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$
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8,399
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$
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6,308
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(5) Equity in earnings of Frontline:
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Amortization of purchased technology and other identified intangible
assets
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$
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231
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$
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1,242
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$
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1,430
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$
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4,968
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(6) Amortization of intangible assets:
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Amortization of other identified intangible assets
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$
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1,580
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$
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1,368
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$
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6,230
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$
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5,915
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(7) Special charges:
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Certain litigation, rebalance, and other costs
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$
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4,359
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$
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3,540
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$
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16,929
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$
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9,946
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(8) Other income (expense), net:
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Net income of unconsolidated entities
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$
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7
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$
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(18
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)
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$
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(119
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)
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$
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(128
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)
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(9) Interest expense:
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Amortization of original issuance debt discount
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$
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1,467
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$
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1,367
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$
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5,715
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$
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5,322
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(10) Income tax expense:
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Non-GAAP income tax effects
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$
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(14,357
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)
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$
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(10,194
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)
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$
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(28,944
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)
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$
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(31,105
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)
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(11) Loss attributable to noncontrolling interest:
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Amortization of intangible assets, equity-plan related compensation,
and income tax effects
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$
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(203
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)
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$
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(193
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)
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$
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(971
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)
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$
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(699
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)
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