Better Faster Greener™ 2023 Supermicro
GAAP TO NON-GAAP RECONCILIATION (2 OF 2)
SUPERMICR
FY2022
Q3'22
Q4'22
Q1'23
FY2023
Q2'23
In Thousands (except per share amounts)
Mar-22
Jun-22
Sep-22
Dec-22
Q3'23
Mar-23
GAAP OPERATING MARGIN
Stock-based compensation
Litigation settlement costs
Litigation expense (recovery)
NON-GAAP OPERATING MARGIN
GAAP TAX EXPENSE (BENEFIT)
Adjustment to tax provision
NON-GAAP TAX EXPENSE
GAAP NET INCOME
Stock-based compensation
Litigation settlement costs
Litigation expense (recovery)
Adjustments to tax provision
NON-GAAP NET INCOME
GAAP NET INCOME PER COMMON SHARE - BASIC
Impact of Non-GAAP adjustments
NON-GAAP NET INCOME PER COMMON SHARE - BASIC
6.6%
10.1%
11.9%
11.9%
7.7%
0.6%
0.6%
0.6%
1.0%
1.1%
0.1%
0.2%
0.0%
0.0%
-0.1%
-0.1%
7.5%
10.7%
12.5%
12.8%
8.7%
$
16,192 $ 25,760 $
38,934 $
29,573 $
10,857
3,415
4,137
3,230
4,300
4,433
$
19,607 $ 29,897 $
42,164 $
33,873 $
15,290
$
76,972 $ 140,822 $ 184,416 $
176,167 $
85,846
7,741
8,884
11,014
16,981
13,652
2,000
2,210
234
(2,230)
(1,540)
(3,415)
$
85,508 $
(4,137)
145,803 $
(3,230)
(4,300)
(4,433)
192,200 $
186,618 $
93,525
1.49 $
0.16
2.70 $
0.10
3.51
69
$
3.31 $
1.61
0.14
0.20
0.15
$
1.65 $
2.80 $
3.65
69
$
3.51 $
1.76
GAAP NET INCOME PER COMMON SHARE - DILUTED
$
1.43 $
Impact of Non-GAAP adjustments
0.12
NON-GAAP NET INCOME PER COMMON SHARE - DILUTED
$
1.55 $
2.60 $
0.02
2.62 $
3.35 $
0.07
3.14 $
1.53
0.12
0.10
3.42 $
3.26 $
1.63
-
WEIGHTED-AVERAGE SHARES USED IN COMPUTING NET INCOME PER COMMON SHARE
BASIC GAAP
51,708
52,111
52,598
53,160
53,280
BASIC NON-GAAP
51,708
52,111
52,598
53,160
53,280
DILUTED
WEIGHTED-AVERAGE SHARES USED IN COMPUTING NET INCOME PER COMMON SHARE
GAAP
53,786
54,260
55,017
56,144
56,233
DILUTED - NON-GAAP
55,194
55,611
56,271
57,318
57,315
20
Better Faster Greener™
2023 SupermicroView entire presentation