IXYS Corporation Reports Results for the Fourth Quarter and Fiscal Year Ended March 31, 2016
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Reconciliation of net income to Non-GAAP net income (in
thousands, unaudited):
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Three Months Ended
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Twelve Months Ended
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March 31,
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March 31,
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2016
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2015
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2016
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2015
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Net income
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$
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6,197
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$
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7,796
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$
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14,741
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$
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23,740
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Amortization of intangible assets
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1,273
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1,433
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5,555
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5,978
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Stock compensation expense
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814
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740
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3,343
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2,867
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Tax on stock compensation expense
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(82
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)
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(94
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(1,245
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)
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(630
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)
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Non-GAAP net income
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$
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8,202
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$
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9,875
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$
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22,394
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$
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31,955
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Reconciliation of net income per share, diluted to Non-GAAP net
income per share, diluted (unaudited):
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Three Months Ended
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Twelve Months Ended
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March 31,
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March 31,
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2016
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2015
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2016
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2015
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Net income per share, diluted
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$
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0.19
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$
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0.24
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$
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0.46
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$
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0.74
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Amortization of intangible assets
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0.04
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0.04
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0.17
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0.19
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Stock compensation expense
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0.03
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0.02
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0.10
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0.09
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Tax on stock compensation expense
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0.00
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0.00
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(0.04
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)
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(0.02
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)
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Non-GAAP net income per share, diluted
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$
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0.26
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$
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0.30
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$
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0.69
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$
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1.00
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Weighted average shares used in per share calculation, diluted
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32,076
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32,413
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32,381
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32,239
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