Citrix 2013 Annual Report Download - page 105

Download and view the complete annual report

Please find page 105 of the 2013 Citrix annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 110

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110

Annual Report 2013 Citrix Systems, Inc.
Information Concerning Non-GAAP Financial Measures Used in This Annual Report (Unaudited)
GAAP diluted earnings per share for the twelve months ended December 31, 2013 was $1.80. Non-GAAP diluted
earnings per share for the twelve months ended December 31, 2013 was $3.02. GAAP diluted earnings per share
for the twelve months ended December 31, 2013 decreased (3.2) percent from GAAP diluted earnings per share for
the twelve months ended December 31, 2012. Non-GAAP diluted earnings per share for the twelve months ended
December 31, 2013 grew 5.2 percent from non-GAAP diluted earnings per share for the twelve months ended
December 31, 2012. Non-GAAP earnings per share excludes the effects of the amortization of acquired intangible
assets, stock-based compensation expenses, and the tax effects related to those items.
The following table shows the non-GAAP nancial measures used in this Annual Report reconciled to the most directly
comparable GAAP nancial measures.
Twelve Months Ended December 31, 2013
GAAP earnings per share – diluted $1.80
Add: stock-based compensation 0.98
Add: amortization of product related intangible assets 0.52
Add: amortization of other intangible assets 0.22
Less: tax effects related to above items (0.50)
Non-GAAP earnings per share – diluted $3.02
Twelve Months Ended December 31, 2013
compared to
Change in Earnings per Share Twelve Months Ended December 31, 2012
GAAP earnings per share change (3.2)%
Change attributable to stock-based compensation, amortization
of intangible assets, and tax effects related to those items 8.0
Non-GAAP earnings per share change 5.2%