Reconciliation of GAAP Measures to Non-GAAP Measures
RECONCILIATION OF GAAP MEASURES TO NON-GAAP MEASURES
Reconciliation of GAAP Measures to non-GAAP Measures
$ Millions
(Unaudited)
Three Months Ended
Dec 31,
Sept 30,
Dec 31,
Dec 31,
Six Months Ended
Dec 31,
2021
2021
2020
2021
2020
Revenue
$806.8
$795.1
$786.6
$1,601.9
$1,514.6
Gross profit on GAAP basis(1)
$
311.2
$
306.6
312.7
617.8
589.7
Share-based compensation
1.4
1.5
3.9
2.9
5.7
Amortization of acquired intangibles
9.7
9.6
9.8
19.3
19.4
Start-up costs
1.2
1.2
Restructuring, integration, and transaction expenses
1.2
4.2
1.2
4.2
Gross profit on non-GAAP basis
324.8 $
317.7
330.6
642.4 $
619.0
Non-GAAP gross margin
40.2%
40.0%
42.0%
40.1%
40.9%
Operating income on GAAP basis
98.2 $
95.1
118.7
$
193.3 $
219.9
Share-based compensation
18.7
22.7
28.1
41.4
43.6
Amortization of acquired intangibles
20.0
20.4
20.6
40.4
40.8
Start-up costs
11.3
11.3
Restructuring, integration, and transaction expenses
11.0
12.0
5.5
23.1
7.6
Operating income on non-GAAP basis
$
159.2 $ 150.2
173.0
$
309.6
$
311.9
Non-GAAP operating margin
19.7%
18.9%
22.0%
19.3%
20.6%
COHERENT
(1) Amounts for prior periods have been recast to be calculated in a manner consistent with the Company's current reporting.
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