Reconciliation of GAAP Measures to Non-GAAP Measures slide image

Reconciliation of GAAP Measures to Non-GAAP Measures

RECONCILIATION OF GAAP MEASURES TO NON-GAAP MEASURES Reconciliation of Segment Non-GAAP Operating Income (Loss) to GAAP Segment Operating Income (Loss) $ Millions (Unaudited) Non-GAAP Photonic Solutions Operating Income Share-based compensation Amortization of acquired intangibles Restructuring, transaction expenses and other Photonic Solutions GAAP Operating Income Jun 30, 2022 Three Months Ended Mar 31, Jun 30, Jun 30, Year Ended Jun 30, 2022 2021 2022 2021 $ 91.7 $ 81.8 $ 87.4 $ 334.4 $ 324.3 (3.1) (8.8) (9.4) (30.9) (39.6) (16.6) (16.5) (17.3) (66.7) (69.2) (2.8) (1.9) (0.2) (6.7) (7.8) $ 69.2 $ 54.6 $ 60.5 $ 230.1 $ 207.7 Non-GAAP Compound Semiconductors Operating Income $ 76.9 $ 90.2 $ 61.1 $ 315.8 $ 277.2 Share-based compensation (10.5) (9.2) (9.3) (42.2) (39.4) Amortization of acquired intangibles (3.2) (2.9) (3.3) (12.9) (13.0) Restructuring, transaction expenses, and other (5.4) (1.7) (0.8) (8.3) (3.6) Start-up costs $ (6.4) (14.6) $ $ (32.3) $ Compound Semiconductors GAAP Operating Income $ 51.4 $ 61.8 $ 47.7 $ 220.1 $ 221.2 Non-GAAP Unallocated and Other Operating Income (Loss) Restructuring, transaction expenses, and other Unallocated and Other GAAP Operating Income (Loss) Total GAAP Operating Income $ $ $ $ $ (6.4) (9.6) (11.1) (35.9) (26.8) $ (6.4) $ (9.6) $ (11.1) $ (35.9) $ (26.8) $ 114.2 $ 106.8 $ 97.1 $ 414.3 $ 402.1 COHERENT Non-GAAP Operating Income *Amounts may not recalculate due to rounding. $ 168.6 $ 172.0 $ 148.5 $ 650.2 $ 601.5 Copyright 2022, Coherent. All rights reserved. 33
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