Ingram Micro 2010 Annual Report Download - page 94

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Schedule 1 to Ingram Micro 2010 Annual Report
Reconciliation of GAAP to Non-GAAP Financial Measures
($ in thousands, except per share data)
Fiscal Year
2008
GAAP loss from operations .......................................................... $ (332,169)
Impairment of goodwill(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 742,653
Non-GAAP income from operations .................................................... $ 410,484
GAAP net loss .................................................................... $ (394,921)
Impairment of goodwill, net of taxes(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 659,780
Non-GAAP net income .............................................................. $ 264,859
GAAP diluted loss per share.......................................................... $ (2.37)
Per share impact of impairment of goodwill(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.96
Non-GAAP diluted earnings per share................................................... $ 1.59
Weighted average diluted shares ....................................................... 166,542,541
(1) GAAP results for fiscal 2008 include the impact of the charge for the impairment of goodwill of $742,653 pre-tax, or $659,780 after-tax, and
$3.96 per diluted share. The non-GAAP results for fiscal 2008 exclude the impact of this impairment charge. The per share impact of this
reconciling item is equal to the after-tax impairment charge divided by weighted average diluted shares.