(in thousands, except per share amounts)

 Range for Three Months

July 31, 2022

Low

High

Target GAAP expenses

$           981,000

$        1,001,000

Adjustments:

      Amortization of intangible assets

(24,000)

(27,000)

      Stock compensation

(127,000)

(134,000)

Target non-GAAP expenses

$           830,000

$           840,000

Range for Three Months

July 31, 2022

Low

High

Target GAAP earnings per diluted share

$                 1.32

$                 1.44

Adjustments:

      Amortization of intangible assets

0.17

0.15

      Stock compensation

0.85

0.81

      Tax adjustments

(0.33)

(0.34)

Target non-GAAP earnings per diluted share

$                 2.01

$                 2.06

Shares used in non-GAAP calculation (midpoint of target range)

157,500

157,500

GAAP to Non-GAAP Reconciliation of Full Fiscal Year 2022 Targets ⁽¹⁾

(in thousands, except per share amounts)

Range for Fiscal Year

October 31, 2022

Low

High

Target GAAP expenses

$        3,928,157

$        3,975,157

Adjustments:

      Amortization of intangible assets

(90,000)

(95,000)

      Stock compensation

(470,000)

(482,000)

      Acquisition-related costs

(6,100)

(6,100)

      Restructuring charges

(12,057)

(12,057)

Target non-GAAP expenses

$        3,350,000

$        3,380,000

Range for Fiscal Year

October 31, 2022

Low

High

Target GAAP earnings per diluted share

$                 6.22

$                 6.40

Adjustments:

      Amortization of intangible assets

0.60

0.57

      Stock compensation

3.06

2.98

      Acquisition-related costs

0.04

0.04

      Restructuring charges

0.08

0.08

      Tax adjustments

(1.37)

(1.37)

Target non-GAAP earnings per diluted share

$                 8.63

$                 8.70

Shares used in non-GAAP calculation (midpoint of target range)

157,500

157,500