Market Verticals and Megatrends
RECONCILIATION OF GAAP MEASURES TO NON-GAAP MEASURES
Reconciliation of Segment Non-GAAP Operating Income (Loss) to
GAAP Segment Operating Income (Loss)
$ Millions
(Unaudited)
Year Ended
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,
2022
2021
2022
Jun 30,
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
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