Year ended December 31,

Three Months ended December 31,

2019

2018

2019

2018

U.S. dollars

U.S. dollars

Reported net income attributable to
Camtek Ltd. on GAAP basis

21,986

18,731

4,607

5,773

Share-based compensation

2,892

1,682

824

654

Chroma transaction expenses (1)

136

-

-

-

Attributable to discontinued operations 

-

-

-

Effect of FIT reorganization (2)

-

506

-

-

Non-GAAP net income

23,851

20,919

5,431

6,427

Non–GAAP net incomeper diluted share

0.62

0.57

0.14

0.17

Gross margin on GAAP basis 

48.3%

49.4%

47.7%

50.4%

Reported gross profit on GAAP basis

64,784

60,796

15,841

16,717

Share-based compensation

292

167

85

62

Effect of FIT reorganization (2)

-

205

-

-

Non-GAAP gross margin

48.6%

49.7%

48.0%

50.6%

Non-GAAP gross profit 

65,076

61,168

15,926

16,779

Reported operating income (loss)
attributable to Camtek Ltd. on GAAP basis

21,972

20,033

4,588

6,202

Share-based compensation

2,892

1,682

824

654

Chroma transaction expenses (1)

136

-

-

-

Effect of FIT reorganization (2)

-

506

-

-

Non-GAAP operating income 

25,000

22,221

5,412

6,854