EX-99.2 3 exh_992.htm EXHIBIT 99.2 exh_992.htm
EXHIBIT 99.2
 
 
Table 1
Allscripts Healthcare Solutions, Inc.
Non-GAAP Financial Information
(In millions)
(unaudited)
 
 
 
2013
  
2014
  
2015
Non-GAAP Revenue
Q1
Q2
Q3
Q4
Total
  
Q1
Q2
Q3
Q4
Total
  
Q1
                           
Software Delivery, Support & Maintenance
                          
Subscription & recurring transactions
65.5
66.5
69.1
70.6
271.7
  
73.6
73.0
73.4
73.7
293.7
  
78.0
Support & maintenance
117.8
116.4
118.1
121.5
473.9
  
117.9
113.6
117.5
118.0
467.0
  
119.4
System sales & other
42.6
48.8
41.0
44.3
176.7
  
38.1
38.7
37.6
35.7
150.1
  
30.2
Total Software Delivery, Support & Maintenance
225.9
231.8
228.3
236.4
922.3
  
229.6
225.3
228.5
227.5
910.9
  
227.6
                           
Client Services
                          
Recurring managed services
56.3
51.0
51.2
54.5
213.1
  
58.7
57.8
58.8
61.3
236.5
  
60.1
Other client services
65.8
64.3
54.7
62.7
247.4
  
56.5
70.7
60.4
54.5
242.3
  
46.9
Total Client Services
122.1
115.4
105.9
117.2
460.5
  
115.2
128.5
119.2
115.8
478.7
  
107.0
                           
Total non-GAAP revenue
348.0
347.1
334.2
353.5
1,382.8
  
344.8
353.8
347.7
343.2
1,389.5
  
334.6
                           
Revenue Mix
                          
Recurring revenue
69%
67%
71%
70%
69%
  
73%
69%
72%
74%
72%
  
77%
Non-recurring revenue
31%
33%
29%
30%
31%
  
27%
31%
28%
26%
28%
  
23%
 
100%
100%
100%
100%
100%
  
100%
100%
100%
100%
100%
  
100%
                           
                           
 
2013
  
2014
  
2015
Non-GAAP Gross Profit
Q1
Q2
Q3
Q4
Total
  
Q1
Q2
Q3
Q4
Total
  
Q1
                           
Software Delivery, Support & Maintenance
137.6
144.9
137.9
146.3
566.6
  
144.4
132.3
140.5
139.4
556.6
  
140.8
Client Services
10.3
7.9
7.7
10.6
36.5
  
10.2
22.5
6.4
11.5
50.6
  
0.6
Total non-GAAP gross profit
147.9
152.8
145.6
156.9
603.1
  
154.7
154.8
146.9
150.9
607.2
  
141.4
                           
Non-GAAP Gross Margin
                          
Software Delivery, Support & Maintenance
60.9%
62.5%
60.4%
61.9%
61.4%
  
62.9%
58.7%
61.5%
61.3%
61.1%
  
61.9%
Client Services
8.5%
6.9%
7.2%
9.0%
7.9%
  
8.9%
17.5%
5.4%
9.9%
10.6%
  
0.6%
Total non-GAAP gross margin
42.5%
44.0%
43.6%
44.4%
43.6%
  
44.8%
43.8%
42.2%
44.0%
43.7%
  
42.3%
 
 
Note: Please refer to Table 2 for a reconciliation of GAAP and non-GAAP gross profit.
 
 
 
 
Table 2
Allscripts Healthcare Solutions, Inc.
Non-GAAP Financial Information
(In millions)
(unaudited)
 
 
 
2013
  
2014
  
2015
 
Q1
Q2
Q3
Q4
Total
  
Q1
Q2
Q3
Q4
Total
  
Q1
Software Delivery, Support & Maintenance
                          
                           
Revenue, as reported
225.8
231.4
228.0
233.5
918.7
  
227.4
225.0
228.0
226.9
907.3
  
227.6
Deferred revenue and other adjustments
0.1
0.4
0.2
2.9
3.6
  
2.2
0.3
0.4
0.6
3.6
  
0.0
Total non-GAAP revenue
225.9
231.8
228.3
236.4
922.3
  
229.6
225.3
228.5
227.5
910.9
  
227.6
                           
Gross profit, as reported
125.8
131.3
122.6
128.3
508.0
  
131.2
121.9
129.9
130.0
513.0
  
130.6
Deferred revenue and other adjustments
0.1
0.4
0.2
2.9
3.6
  
2.2
0.3
0.4
0.6
3.6
  
(0.0)
Acquisition-related amortization
8.7
9.4
11.7
11.3
41.1
  
8.8
8.6
9.0
8.7
35.1
  
9.1
Stock-based compensation expense
0.5
0.5
0.4
0.3
1.7
  
0.4
0.6
0.3
0.2
1.5
  
1.1
Non-recurring expenses and transaction-related costs
2.5
3.2
3.0
3.5
12.2
  
1.9
0.9
0.8
(0.1)
3.5
  
0.0
Non-GAAP gross profit
137.6
144.9
137.9
146.3
566.6
  
144.4
132.3
140.5
139.4
556.6
  
140.8
                           
                           
Client Services
                          
                           
Revenue, as reported
121.3
113.5
102.1
117.5
454.4
  
112.9
126.3
117.3
114.0
470.5
  
107.0
Deferred revenue and other adjustments
0.8
1.9
3.7
(0.3)
6.1
  
2.3
2.2
1.9
1.8
8.1
  
0.0
Total non-GAAP revenue
122.1
115.4
105.9
117.2
460.5
  
115.2
128.5
119.2
115.8
478.6
  
107.0
                           
Gross profit, as reported
8.6
4.9
3.0
9.9
26.4
  
7.0
18.1
1.5
6.5
33.1
  
(0.8)
Deferred revenue and other adjustments
0.8
1.9
3.7
(0.3)
6.1
  
2.3
2.2
1.9
1.8
8.1
  
0.0
Stock-based compensation expense
0.9
1.1
0.9
1.0
3.9
  
0.9
1.5
1.0
1.0
4.4
  
1.4
Non-recurring expenses and transaction-related costs
0.0
0.0
0.0
0.0
0.0
  
0.0
0.7
2.0
2.3
5.0
  
0.0
Non-GAAP gross profit
10.3
7.9
7.7
10.6
36.5
  
10.2
22.5
6.4
11.5
50.6
  
0.6