Avid 1998 Annual Report Download - page 19

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14
The following table presents pro forma net income, as well as the related pro forma per share amounts, excluding the tax-
effected impact of nonrecurring costs and amortization of acquisition-related intangible assets.
In thousands (except per share data)
For the Year ended December 31,
1998 1997 1996 1995 1994
Pro forma net income, excluding nonrecurring costs
and amortization of acquisition-related intangible assets $40,123 $26,384 ($14,518) $18,869 $17,793
Pro forma net income per common share, excluding
nonrecurring costs and amortization of acquisition-related
intangible assets - diluted $1.56 $1.08 ($0.69) $0.94 $0.99
Weighted average common shares outstanding - diluted -
used for pro forma calculations 25,704 24,325 21,163 20,165 17,921
See Note R for supplemental pro forma calculations of net income (unaudited).
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS