EX-1
from 8-K
~20
pages
Non-Gaap(1) Operating Profit Was $1.4 Billion for the Quarter, or 6.9% of Revenue, an Increase of 23% Year-Over-Year. Non-Gaap Diluted Earnings Per Share (EPS) Was $0.35 for the Quarter, Up 21% From $0.29 Last Year. Non-Gaap Diluted EPS and Non-Gaap Net Earnings Include a $144 Million Adjustment on an After-Tax Basis, or $0.05 Per Diluted Share. the Pre-Tax Adjustment Includes a $54 Million True-Up to Previously Taken Restructuring Charges, $144 Million in Amortization of Purchased Intangible Assets, and $15 Million for Various Acquisition-Related Items. All Non-Gaap Financial Information in This Release Is Reconciled in the Table Below Titled, “Non-Gaap Consolidated Condensed Statement of Earnings.” Gaap Operating Profit for the Quarter Was $1.1 Billion or 5.9% of Revenue, an Improvement of $264 Million or 30% Year-Over-Year and $70 Million or 7% Sequentially. Gaap Diluted EPS Was $0.30 Per Share, Up 25% From $0.24 Year-Over-Year and 7% From $0.28 in the Fourth Quarter. Q1 FY2004 Q1 FY2003 Revenue (Billions) $ 19 .5 $ 17 .9 Non-Gaap Operating Margin(1) 6 .9% 6 .2% Gaap Operating Margin 5 .9% 4 .9% Non-Gaap Diluted Eps(1) $ 0 .35 $ 0 .29 Gaap Diluted EPS $ 0 .30 $ 0 .24
12/34/56