| PIXELWORKS, INC. | |||||||||||||||||||||||
| RECONCILIATION OF GAAP AND NON-GAAP EARNINGS PER SHARE * | |||||||||||||||||||||||
|
(Figures may not sum due to rounding)
| |||||||||||||||||||||||
| (Unaudited) | |||||||||||||||||||||||
| Three Months Ended | |||||||||||||||||||||||
| March 31, | December 31, | March 31, | |||||||||||||||||||||
| 2020 | 2019 | 2019 | |||||||||||||||||||||
| Dollars per share | Dollars per share | Dollars per share | |||||||||||||||||||||
| Basic | Diluted | Basic | Diluted | Basic | Diluted | ||||||||||||||||||
| Reconciliation of GAAP and non-GAAP net income (loss) | |||||||||||||||||||||||
| GAAP net income (loss) | $ | (0.14 | ) | $ | (0.14 | ) | $ | (0.12 | ) | $ | (0.12 | ) | $ | 0.00 | $ | 0.00 | |||||||
| Reconciling items included in gross profit | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||||||||||||||
| Reconciling items included in operating expenses | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.04 | |||||||||||||||||
| Reconciling items included in total other income, net | — | — | — | — | (0.10 | ) | (0.10 | ) | |||||||||||||||
| Tax effect of non-GAAP adjustments | — | — | — | — | 0.01 | 0.01 | |||||||||||||||||
| Non-GAAP net loss | $ | (0.07 | ) | $ | (0.07 | ) | $ | (0.06 | ) | $ | (0.06 | ) | $ | (0.04 | ) | $ | (0.04 | ) | |||||
| *Set forth above are reconciliations of the non-GAAP financial measure to the most directly comparable GAAP financial measure. The non-GAAP financial measure disclosed by the company has limitations and should not be considered a substitute for, or superior to, the financial measure prepared in accordance with GAAP, and the reconciliations from GAAP to Non-GAAP actuals should be carefully evaluated. Please refer to "Non-GAAP Financial Measures” in this document for an explanation of the adjustments made to the comparable GAAP measures, the ways management uses the non-GAAP measures, and the reasons why management believes the non-GAAP measures provide useful information for investors. | |||||||||||||||||||||||
