For F1Q net interest expense was approximately $389,000; other expenses were approximately $102,000. The adjustment for net income or loss of a non-controlling interest was a negative $12,000, and non-GAAP taxes were approximately $650,000. Non-GAAP income was $10.9 million or $0.12 per diluted share compared to $20.2 million or $0.21 in the preceding quarter.Average diluted shares for F1Q for non-GAAP purposes totaled $94.2 million. Please note, unlike prior quarters, given the level of earnings this diluted share number does not include the impact of converting the principal amount of our expanded convertible notes debt for the purposes of calculating EPS as the convertible notes are anti-dilutive to EPS at the current earnings levels; and therefore you do not need to add back the interest expense and other costs associated with the aforementioned convertible notes in calculating diluted EPS for the quarter.
Finisar's CEO Discusses F1Q 2013 Results - Earnings Call Transcript
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