Financial Metrics and Projections
RECONCILIATION OF GAAP MEASURES TO NON-GAAP MEASURES
Reconciliation of Segment Non-GAAP Operating Income (Loss) to
GAAP Segment Operating Income (Loss)
$ Millions
(Unaudited)
Jun 30,
Three Months Ended
Mar 31,
Jun 30,
Year Ended
Jun 30,
Jun 30,
2022
2022
2021
2022
2021
Non-GAAP Photonic Solutions Operating Income
$
91.7
81.8
$
87.4
$ 334.4
$ 324.3
Share-based compensation
(3.1)
(8.8)
(9.4)
(30.9)
(39.6)
Amortization of acquired intangibles
(16.6)
(16.5)
(17.3)
(66.7)
(69.2)
Restructuring, transaction expenses and other
(2.8)
(1.9)
(0.2)
(6.7)
(7.8)
Photonic Solutions GAAP Operating Income
$ 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)
$
$
51.4
$
61.8
$
47.7
$ 220.1
$ 221.2
Compound Semiconductors GAAP Operating Income
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)
$ (6.4)
$ (9.6)
(11.1)
$ (11.1)
(35.9)
(26.8)
$ (35.9)
$ (26.8)
$ 114.2
$ 106.8
$
97.1
$ 414.3
$ 402.1
$ 168.6
$ 172.0
$ 148.5
$ 650.2
$ 601.5
COHERENT
Non-GAAP Operating Income
*Amounts may not recalculate due to rounding.
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