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Allscripts Reports Fourth Quarter 2007 Results
Date:2/13/2008

ccounting principles, or GAAP. To supplement this information, Allscripts presents in this press release non-GAAP net income (and related per share amounts), which is a non-GAAP financial measure under Section 101 of Regulation G under the Securities Exchange Act of 1934, as amended. Non-GAAP net income consists of GAAP net income, excluding acquisition-related amortization and stock-based compensation expense under SFAS No. 123R, in each case net of any related tax benefit.

-- Acquisition-Related Amortization. Acquisition-related amortization

expense is a non-cash expense arising from the acquisition of

intangible assets in connection with acquisitions or investments.

Allscripts excludes acquisition-related amortization expense from

non-GAAP net income because it believes (i) the amount of such expenses

in any specific period may not directly correlate to the underlying

performance of Allscripts business operations and (ii) such expenses

can vary significantly between periods as a result of new acquisitions

and full amortization of previously acquired intangible assets.

Investors should note that the use of these intangible assets

contributed to revenue in the periods presented and will contribute to

future revenue generation and should also note that such expense will

recur in future periods.

-- Stock-Based Compensation Expense. Stock-based compensation expense is a

non-cash expense arising from the grant of stock awards to employees.

Allscripts excludes stock-based compensation expense from non-GAAP net

income because it believes (i) the amount of such expenses in any

specific period may not directly correlate to the underlying

performance of Allscripts business operations and (ii) such expenses

can vary significantly between periods as a result of the timing of

grants of ne
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SOURCE Allscripts
Copyright©2008 PR Newswire.
All rights reserved

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