SUMMARY OF RECONCILING ITEMS BETWEEN FORECASTED
NON-GAAP
AND GAAP EARNINGS PER DILUTED SHARE
FIRST QUARTER OF FISCAL 2017
QLogic is forecasting first quarter non-GAAP earnings per diluted share of $0.23 - $0.27. The Company estimates that GAAP earnings per diluted share will be lower than non-GAAP earnings per diluted share by $0.11 - $0.13 per share in the first quarter of fiscal 2017. This difference is comprised of the following:
| Stock-based compensation | $0.06 - $0.07 | ||||||||||||||||
| Amortization of acquisition-related intangible assets and license fee | $0.06 | ||||||||||||||||
| Income taxes | ($0.01) - $0.00 | ||||||||||||||||
| $0.11 - $0.13 | |||||||||||||||||
