Q1 FY2021 Earnings Summary slide image

Q1 FY2021 Earnings Summary

RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES (CONTD.) STOCK-BASED NON-GAAP GROSS MARGIN COMPENSATION (A) PRODUCT WARRANTY (B) OTHER (C) GAAP GROSS MARGIN FY 2016 56.8% (0.3) (0.4) 56.1% FY 2017 59.2% (0.2) | (0.2) 58.8% FY 2018 60.2% (0.3) 59.9% FY 2019 61.7% (0.2) FY 2020 62.5% (0.4) (0.3) 61.2% (0.1) 62.0% A. Stock-based compensation charge was allocated to cost of goods sold. B. Consists of warranty charge associated with a product recall. C. Consists of legal settlement costs.
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