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GSI Group Announces Financial Results for the Second Quarter 2014
Date:8/6/2014

32.2%10,4476.8%10,4477,5910.22Non-GAAP results $
7,293
43.4%$
7,299
11.2%$
,902
$
,625
$
.30
Weighted average shares outstanding – Diluted34,279Non-GAAP Gross Profit and Gross Profit Margin The calculation of non-GAAP gross profit and gross profit margin is displayed in the tables above.  Non-GAAP gross profit and gross profit margin exclude the amortization of acquired intangible assets and acquisition fair value adjustments from business acquisitions because: (1) the amounts are non-cash; (2) the Company cannot influence the timing and amount of future expense recognition; and (3) excluding such expenses provides investors and management better visibility into the components of operating expenses. 

Non-GAAP Operating Income from Continuing Operations and Operating MarginThe calculation of non-GAAP operating income from continuing operations and operating margin is displayed in the tables above. Non-GAAP operating income from continuing operations and operating margin exclude the amortization of acquired intangible assets and acquisition fair value adjustments related to business acquisitions because: (1) the amounts are non-cash; (2) the Company cannot influence the timing and amount of future expense recognition; and (3) excluding such expenses provides investors and management better visibility into the components of operating expenses.  The Company also excluded restructuring costs and other, and acquisition related costs from non-GA
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SOURCE GSI Group Inc.
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