Reconciliation of GAAP Measures to Non-GAAP Measures
RECONCILIATION OF GAAP MEASURES TO NON-GAAP MEASURES
COHERENT
Reconciliation of Segment Non-GAAP Operating Income (Loss) to
GAAP Segment Operating Income (Loss)
$ Millions
(Unaudited)
Non-GAAP Photonic Solutions Operating Income
Measurement period adjustment on long-lived assets
Share-based compensation
Amortization of acquired intangibles
Fair value adjustment on acquired inventory
Restructuring, transaction expenses and other
Photonic Solutions GAAP Operating Income
Non-GAAP Compound Semiconductors Operating Income
Measurement period adjustment on long-lived assets
Share-based compensation
Amortization of acquired intangibles
Fair value adjustment on acquired inventory
Three Months Ended
Jun 30,
2021
Mar 31,
Jun 30,
Jun 30,
Year Ended
Jun 30,
2021
2020
2021
2020
$ 87.4
$ 74.5
$ 88.8
$ 324.3
$ 224.4
(1.9)
(9.4)
(7.6)
(17.9)
(39.6)
(43.0)
(17.3)
(17.3)
(15.9)
(69.2)
(53.3)
(74.2)
(0.2)
(1.3)
(4.0)
(7.8)
(4.0)
$ 60.5
$ 48.3
$ 49.1
$ 207.7
$ 49.9
$ 61.1
$ 66.5
$ 35.8
$ 277.2
$ 100.6
(7.2)
(9.3)
(9.1)
(6.1)
(39.4)
(20.1)
(3.3)
(3.5)
(2.9)
(13.0)
(8.9)
(6.4)
Restructuring, transaction expenses, and other
Compound Semiconductors GAAP Operating Income
(0.8)
(2.2)
(3.6)
(2.9)
$ 47.7
$ 51.8
$ 19.6
$ 221.2
$ 62.3
Non-GAAP Unallocated and Other Operating Income (Loss)
Finisar results
S
S
Amortization of acquired intangibles
$ (0.2)
1.9
(2.0)
Fair value adjustment on acquired inventory
(7.1)
Severance and related - Share-based compensation
(10.7)
Severance and related - Other compensation
(10.0)
One-time costs related to the Finisar acquisition
Restructuring, transaction expenses, and other
(26.8)
(11.1)
(14.9)
(1.3)
(26.8)
(17.8)
Unallocated and Other GAAP Operating Income (Loss)
$ (11.1)
$ (14.9) $ (1.3)
$ (26.8)
$ (72.7)
Total GAAP Operating Income
$ 97.1
$ 85.1
$ 67.4
$ 402.1
$ 39.5
Non-GAAP Operating Income
$ 148.5
$ 141.0
$ 124.6
$ 601.5
$ 324.8
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