Exhibit 99.3
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAX TO NON-GAAP NET INCOME FROM CONTINUING OPERATIONS RECONCILIATION (in thousands, except per share data)
FISCAL YEAR 2014 | FY 2014 Q4 | FY 2014 Q3 | FY 2014 Q2 | FY 2014 Q1 | Fiscal 2014 | |||||||||||||||
INCOME FROM CONTINUTING OPERATIONS, net of tax | $ | 8,115 | $ | 17,848 | $ | 7,974 | $ | 4,262 | $ | 38,199 | ||||||||||
Less: Net loss attributable to the non-controlling interest in Covisint Corporation | (1,272 | ) | (1,032 | ) | (1,154 | ) | - | (3,458 | ) | |||||||||||
Net income from continuing operations attributable to Compuware Corporation | $ | 9,387 | $ | 18,880 | $ | 9,128 | $ | 4,262 | $ | 41,657 | ||||||||||
Stock comp (ex: rest, NC) | 7,419 | 5,952 | 12,905 | 8,574 | 34,850 | |||||||||||||||
Amort of purchased software (ex: rest, NCI) | 1,689 | 1,970 | 2,389 | 2,370 | 8,418 | |||||||||||||||
Amor of acquired intangibles (ex: rest, NCI) | 1,795 | 1,789 | 1,801 | 1,793 | 7,178 | |||||||||||||||
Restructuring (ex: NCI) | 3,771 | 3,139 | 219 | 4,803 | 11,932 | |||||||||||||||
Advisory Fees | 2,658 | 7,305 | 1,977 | 1,156 | 13,096 | |||||||||||||||
Income tax effect of adjustments | (6,195 | ) | (7,531 | ) | (7,245 | ) | (6,493 | ) | (27,464 | ) | ||||||||||
Total adjustments from continuing operations | 11,137 | 12,624 | 12,046 | 12,203 | 48,010 | |||||||||||||||
Non-GAAP net income from continuing operations | $ | 20,524 | $ | 31,504 | $ | 21,174 | $ | 16,465 | $ | 89,667 | ||||||||||
Diluted earnings per share from continuing operations - GAAP | $ | 0.04 | $ | 0.09 | $ | 0.04 | $ | 0.02 | $ | 0.19 | ||||||||||
Non-GAAP diluted earnings per share from continuing operations | $ | 0.09 | $ | 0.14 | $ | 0.10 | $ | 0.07 | $ | 0.41 | ||||||||||
Diluted shares outstanding | 222,683 | 221,561 | 220,429 | 219,694 | 221,180 |