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SanDisk Completes Acquisition of Fusion-io

SanDisk Completes Acquisition of Fusion-io

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•Transaction, restructuring and integration costs, which are expected to be incurred over several quarters as integration takes place; •Reduction of revenue related to support and maintenance services due to the effects of purchase accounting on Fusion-io’s deferred revenue; Dissertation Research And Writing For Construction Students S G Naoum •Inventory step-up charges related to recording Fusion-io inventory at fair value based on purchase accounting requirements; •Charges for the amortization of acquisition-related intangible assets; and Police Academy 2 Their First Assignment 1985 •Stock compensation for the assumption and new issuance of employee equity incentives. Writing An Introduction To A Dissertation SanDisk’s non-GAAP P&L results will be impacted by cash-related charges for transaction, restructuring, and integration costs as well as the reduction of support and maintenance revenue due to the effects of purchase accounting. SanDisk expects the acquisition to be dilutive to non-GAAP earnings in the near term primarily due to charges for transaction, restructuring and integration costs, which are expected to be approximately $35 million in the third quarter of 2014 and approximately $15 million in the fourth quarter of 2014, as well as operating losses from Fusion-io partially offset by modest near-term synergies. The acquisition is expected to be accretive to non-GAAP earnings in the second half of 2015.

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