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Reconciliations of non-GAAP results of operations to the nearest comparable GAAP measures | ||||||||||||||||||||||||||
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The following table presents certain non-GAAP consolidated results before certain items
(in millions, except share amounts which are reflected in thousands and per share amounts, unaudited): |
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Three Months Ended December 31, 2012 | Three Months Ended December 31, 2013 | |||||||||||||||||||||||||
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Consolidated | GAAP Actual | Operating Margin (a) | Adjustments | Non-GAAP Results | Non-GAAP Operating Margin (g) | GAAP Actual | Operating Margin (a) | Adjustments | Non-GAAP Results | Non-GAAP Operating Margin (g) | ||||||||||||||||
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$700 | (b) | $902 | (b) | |||||||||||||||||||||||
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178 | (c) | 15 | (c) | |||||||||||||||||||||||
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Income from operations | $3,394 | 23.5% | $878 | $4,272 | 29.6% | $3,922 | 23.3% | $917 | $4,839 | 28.7% | ||||||||||||||||
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$700 | (b) | $902 | (b) | |||||||||||||||||||||||
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(152) | (d) | (191) | (d) | |||||||||||||||||||||||
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178 | (c) | 15 | (c) | |||||||||||||||||||||||
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(65) | (e) | (11) | (e) | |||||||||||||||||||||||
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21 | (f) | 5 | (f) | |||||||||||||||||||||||
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Net income | $2,886 | $682 | $3,568 | $3,376 | $720 | $4,096 | ||||||||||||||||||||
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Net income per share - diluted | $8.62 | $10.65 | $9.90 | $12.01 | ||||||||||||||||||||||
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Shares used in per share calculation - diluted | 334,977 | 334,977 | 341,003 | 341,003 | ||||||||||||||||||||||
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(a) | Operating margin is defined as consolidated income from operations divided by consolidated revenues. | |||||||||||||||||||||||||
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(b) | To eliminate stock-based compensation expense. | |||||||||||||||||||||||||
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(c) | To eliminate restructuring and related charges. | |||||||||||||||||||||||||
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(d) | To eliminate income tax effects related to expense noted in (b). | |||||||||||||||||||||||||
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(e) | To eliminate income tax effects related to expense noted in (c). | |||||||||||||||||||||||||
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(f) | To eliminate net loss from discontinued operations. | |||||||||||||||||||||||||
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(g) | Non-GAAP operating margin is defined as non-GAAP consolidated income from operations divided by consolidated revenues. | |||||||||||||||||||||||||