Intuit Growth and Financial Forecast
Non-GAAP Reconciliation: FY09 Guidance
Twelve Months Ending
July 31, 2009
Revenue
INTUIT INC. TABLE 2
RECONCILIATION OF FORWARD-LOOKING GUIDANCE FOR NON-GAAP
FINANCIAL MEASURES TO PROJECTED GAAP REVENUE, OPERATING
INCOME AND EARNINGS PER SHARE
GAAP
Range of Estimate
From
(In thousands, except per share amounts)
Forward-Looking Guidance
To
Adjustments
Non-GAAP
Range of Estimate
From
Το
$ 3,350,000
$ 3,430,000
$
$ 3,350,000
$ 3,430,000
Operating income
$ 724,000
$ 744,000
$
246,000 [a]
$ 970,000
$ 990,000
Operating margin
22%
22%
7% [a]
Diluted earnings per share
Shares
$
1.41
328,000
$
1.45
$
0.45 [b]
$
331,000
29%
1.86
328,000
29%
$
1.90
331,000
[a] Reflects estimated adjustments for share-based compensation expense of approximately $148 million; amortization
of purchased intangible assets of approximately $60 million; and acquisition-related charges of approximately
$38 million.
[b] Reflects the estimated adjustments in item [a] and income taxes related to these adjustments.
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