There are limitations in using non-GAAP financial measures because the
non-GAAP financial measures are not prepared in accordance with GAAP,
may be different from non-GAAP financial measures used by Splunk’s
competitors and exclude expenses that may have a material impact upon
Splunk’s reported financial results. Further, stock-based compensation
expense has been and will continue to be for the foreseeable future a
significant recurring expense in Splunk’s business and an important part
of the compensation provided to Splunk’s employees. The non-GAAP
financial measures are meant to supplement and be viewed in conjunction
with, GAAP financial measures.
The following table reconciles Splunk’s non-GAAP results to Splunk’s GAAP results included in this press release.
|Reconciliation of GAAP to Non-GAAP Financial Measures|
|(In thousands, except per share data)|
|Three Months Ended||Six Months Ended|
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