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310-811 - Sun Certified MySQL 5.0 Database(R) Administrator Part II - BrainDump Information

Vendor Name : SUN
Exam Code : 310-811
Exam Name : Sun Certified MySQL 5.0 Database(R) Administrator Part II
Questions and Answers : 138 Q & A
Updated On : May 22, 2018
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Retirement dream — more money for shuttle, much less for health care? | killexams.com real questions with brain dumps

historically, retirement has a intended a shift in family budgets from the necessary to the indulgent — from mortgages funds, work suits and gasoline to unique trips, golf and upscale eating places.

however while older americans would like to significantly ramp up spending on indulgences like go back and forth and eating out when they retire, many are downsizing those visions, based on an Ipsos/united states of america nowadays survey.

as an instance, a quarter of forty five- to sixty five-12 months-olds wish to set apart 21 p.c to 40 percent of their post-retirement budgets for go back and forth, but only 13 p.c feel they’ll be in a position to achieve this, in accordance with the September survey of 1,170 individuals in that age bracket. simply 2 p.c of these surveyed presently earmark that plenty for journeys, with ninety eight p.c spending zero to 20 p.c.

on the same time, 53 percent are looking to dedicate under a fifth of their outlays to residing charges — things like groceries, utilities and healthcare — in their golden years. however just 37 percent suppose they’ll attain that intention, with 57 percent expecting to allocate a fifth to three-fifths of their budgets to those basics, the same portion that spends that quantity these days.

now not preserving paceThe hole between center-aged and older american citizens’ desires and expectations is as a minimum partly a byproduct of the splendid Recession and its aftermath, which left many with shrunken nest eggs and stagnating incomes, financial planners say.

“however the stock market has at last recovered, many individuals don’t suppose like they did 10 years in the past,” before the 2007-09 recession, says Sheryl Garrett, an authorized financial planner and founding father of Garrett Planning community. “Their revenue is not up and it’s no longer preserving pace with inflation.”

Wages have risen about 2 % a 12 months for the average American and a lot of of the nearly 9 million laid off all the way through the downturn were forced to take reduce-paying jobs for which there have been overqualified.

also, most of the center-class purchasers Garrett serves sharply reduced their stock holdings all over the 2008 crash and so haven’t benefited as plenty from the eight-yr-ancient bull market. An Ipsos/u . s . a . these days survey earlier this yr found that 27 % of 45- to 65-yr-olds don't have any retirement reductions or investments and a different 22 p.c have less than $100,000.

in the meantime, Congress is considering that repealing or scaling returned the low-budget Care Act and reducing Medicare advantages to whittle down the ballooning national debt — measures that could swell older americans’ fitness care prices.

“health care is the big unknown,” Garrett says. as a result, whereas basic expenses, just like the daily work shuttle and lunch with a co-worker, might also disappear in retirement, rising scientific bills may easily take their area, tempering spending on extra satisfying activities.

waiting for some thing bad to happenVeronica Ybarra, fifty four, of Albuquerque, N.M., changed into laid off from her technical writing job for a executive contractor in 2013, an adventure she says become a delayed response to the results of the recession. despite the fact Ybarra is freelancing, her profits is much less than her previous income.

“I in reality hunkered down,” she says. “I haven’t had a real holiday considering the fact that i will be able to’t be aware when.”

Ybarra used to take weeklong journeys to California and to discuss with loved ones in Denver and Chicago. When she retires at age sixty six to 70, she figures she’ll resume her prior commute sample as Social security kicks in and he or she begins drawing from her 401(ok) cash. but ideally, she would like to take prolonged journeys, spending three weeks in Europe, for instance, and devoting as a lot as 40% of her finances to travel as opposed to the ten% she’s planning. That may be feasible, she says, but best if she will reclaim her former income through freelancing or a different full-time job.

Ybarra in a similar fashion has reduce returned on amusement, meeting a chum for dinner or espresso once every week in its place of two to three times as she used to – a tradition she would want to resume in retirement. 9 percent of the older americans surveyed by way of Ipsos/us of a these days predict to dedicate 21 p.c to forty percent of their budgets to enjoyment and eating out after they cease working — up from the four percent who accomplish that now — however 18 % would like to allocate that plenty.

Ybarra is additionally being conservative in her planning because she concerns the frothy stock market could crash, pummeling her retirement fund. “I simply keep looking ahead to whatever dangerous to happen,” she says. and he or she fears Congress will dial back health insurance necessities. “Is my premium going to double?” she asks.

On the bright aspect, she has paid off the personal loan on her three-bed room townhouse and he or she has no different debt.

center of attention on debt reduction“probably the most things we inspire is to do the most advantageous which you can to cast off any and all debt” before retirement, says Sterling Raskie, an authorized economic planner at Blankenship economic Planners in Illinois. “It frees cash circulate for other issues.”

Forty-six percent of the older americans surveyed currently spend 20% or much less of their budgets on housing charges, even though 62% are expecting to be in that position after they retire and finish paying off mortgages. but 77% would want to devote that little to housing. millions of individuals misplaced their buildings to foreclosure all over the housing meltdown and either rented or finally purchased new buildings that extended their mortgage payments into retirement. Others took out home equity traces of credit score all through the housing run-up that additionally prolonged their housing cost burdens, Garrett says.

Gary Gross, fifty seven, of Dillwyn, Va., retired in 2010 after working 25 years in public works for a town in southern New Jersey. His wife, Teresa, retired from a job in the equal city almost immediately after and both received pensions. They predict to spend 10% of their price range on commute and 15 percent on entertainment in coming years however would opt to spend 30 % and 25 percent, respectively. as a substitute of two-day trips to Washington, D.C., or the Blue Ridge Mountains, they’d like to go to Las Vegas or Orlando — for every week or so.

Gary is being cautious in part as a result of he has about $9,000 in credit card debt.

“I wish to pay off the credit score cards,” he says. “I don’t like having loads of debt.”

Paul Davidson, country these days

Vangochip expertise provides Wi-SUN (wireless sensible Utility network) certified Sub-GHz RF Platform | killexams.com real questions with brain dumps

HSINCHU, Taiwan--(company WIRE)--Vangochip expertise, an international-category fabless semiconductor enterprise delivering sensible grid and IIoT communication solution, these days announced its first-gen sub-GHz RF family unit VC7000 handed the Wi-SUN® Alliance PHY Certification.

Wi-solar Alliance PHY Certification application comprises:

  • PHY Conformance checking out in accordance with IEEE 802.15.4g.
  • PHY Interoperability checking out of sensible Utility community systems in accordance with IEEE 802.15.4g between varied silicon carriers.
  • The certification signifies Vangochip’s VC7000 family is formally confirmed and validated to have seamless interoperability and conformity to the business-agreed IEEE 802.15.4g specifications.

    VC7000 low power sub-GHz RF transceiver features a extremely big selection of RF bands from 169 to 960MHz. State-of-the-paintings sensitivity and selectivity with block-resilient IIP3 of -10dBm make it a great solution for mighty sensible utility networks. adjacent channel rejection can achieve stronger than 40dB even at records price > 50kbps. With a dual vigor amplifier of +20/+13dBm and T/R change integrated, RBOM is tremendously decreased.

    VC7000 household is developed for battery-powered programs with quickly wake-up and constructed-in false wake-up detection algorithm. forms of power-saving modes are delivered to mirror qualities of IoT networks and cut back energy consumption at equipment stage. VC7300 of the family unit is a SoC integrating a Cortex M0 CPU and VC7000 with embedded flash and RAM for mission certain purposes. Mesh community software stack is supplied as a part of the equipped-to-use IoT radio answer to prolong coverage while tight integration of hardware and utility enhances equipment efficiency at different verbal exchange layers.

    As a Wi-solar Alliance contributor member, Vangochip know-how is committed to bringing values to consumers with continuous building of interoperable items in accordance with open necessities. Vangochip know-how presents twin mesh (PLC + Wi-solar) communique SoCs for wise Utility community, including box area community (FAN) and computing device-to-laptop (M2M) communications, with authentic connectivity and performance.

    About Vangochip expertise

    Vangochip expertise is a fabless IC design business offering industrial IoT and sensible grid communication ICs, offering least expensive low power PLC and Wi-solar dual mesh SoCs for applications in wise Grid, wise metropolis, and wise domestic markets. www.vangochip.com.tw

    About Wi-solar Alliance

    Wi-SUN Alliance is an association of organizations working together to enable reliable, low-power wireless Utility products in response to open global typical IEEE 802.15.4g. www.wi-solar.org

    solar to purchase MySQL for $1 Billion | killexams.com real questions with brain dumps

    SUN Microsystems pays US$1 billion for Swedish utility company MySQL, whose open-source database is used for one of the most generally visited internet sites on the earth.

    SUN mentioned the deal will increase its position within the enterprise IT market, including the $15 billion database market.

    SUN observed MySQL's product line will aid it provide additional support to the open-source web application platform known as LAMP, the acronym for the Linux OS, Apache internet server, MySQL database and the personal home page/Perl programming languages.

    MySQL's power in software-as-a-service choices -- where applications are delivered over the web through a web browser -- are additionally a plus, SUN referred to.

    Databases are important for cyber web-based applications in websites providing a number capabilities, from e-commerce to social networking.

    SUN will pay $800 million in cash and $200 million in alternatives, and the deal is anticipated to within sight the conclusion of solar's 2008 fiscal yr, in order to conclusion June 30.

    SUN's acquisition ends hypothesis that MySQL may turn into a public business.

    MySQL has develop into a ambitious competitor to other relational database administration techniques from groups equivalent to Oracle and IBM. The database itself is free for people to down load, and MySQL makes cash by offering subscription support programs.

    MySQL CEO Marten Mickos -- whose enterprise playing cards listing him as "Open Sourcerer"-- will be part of solar's govt team. MySQL can be folded into SUN's application, revenue and repair organizations.

    solar pointed out it plans to create a joint crew to integrate MySQL, which has 400 personnel in 25 nations, into its operations.

    solar referred to MySQL will profit new distribution through agencies reminiscent of Intel, IBM and Dell by means of current relationships SUN has with these carriers.

    SUN also observed it'll additionally work on optimizing the LAMP stack to run on GNU/Linux, Microsoft's home windows OS and its OpenSolaris OS.

    solar is in need of a database administration gadget, one analyst observed. it's choice of MySQL "makes sense with SUN's open-source orientation," stated James Kobielus, senior analyst with Forrester research.

    (Peter Sayer in Paris contributed to this story).

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    FISHERIES information: sun-dry shrimp has lengthy history | killexams.com real questions with brain dumps

    DAVID A. BOURGEOISFor The Courier

    Louisiana has the oldest historic shrimp fishery in the Gulf of Mexico area. before ice machines and freezers came into use, Louisiana fishermen harvested shrimp for canning and drying. Louisiana is wonderful in that it's the only state nonetheless harvesting shrimp for drying.

    sun-drying of shrimp changed into delivered through chinese language immigrants to San Francisco Bay in 1871. by 1873, the novices had prolonged the industry to the bays and estuaries of Louisiana. The trade become well dependent in 1885 when Yee Foo turned into issued Patent number 310-811 for the manner to solar-dry shrimp.

    although dried shrimp had been first sent from Louisiana to Asian communities on the U.S. Pacific Coast, the state's plentiful shrimp harvest quickly allowed distribution to Asia, the Philippines, Hawaii, and to a lesser extent, the West Indies and South america.

    Early facts point out that the primary drying platform turned into in-built Barataria Bay at a site later called Cabinash. Later systems were in-built Atchafalaya, Barataria, Caillou, Terrebonne and Timbalier bays. Early platforms have been dominated by way of Asians, who made their home on the websites, supposedly to avoid drawback with immigration authorities. based on legend, big numbers have been smuggled into Louisiana by way of commercial fishermen, who positioned the aliens in barrels to bring them into the state unnoticed.

    These platforms were built of cypress planks handy-pushed pilings eight to 10 feet excessive, to permit air to flow into freely. After the shrimp were brought to the platform they were boiled in saltwater and spread on the wooden platform. There, they dried for sooner or later if the climate turned into hot and sunny, or a number of days under cloudy situations. When rain threatened, they were lined with tarpaulins.

    After drying, the heads and shells have been removed via laborers who wrapped their footwear with cloths or sacks and tramped or "danced the shrimp." Small quantities could be flailed with a bundle of branches or a large homemade "flyswatter." The shrimp had been next shaken on hardware fabric or poured from a peak in a brisk wind to eliminate the free hulls.

    At its peak, an estimated 75 drying systems existed in Louisiana. probably the most usual was Manila Village in Barataria Bay, which became huge enough to have its personal publish office. As late as 1962, 23 driers nevertheless operated, but most have been now not on structures. Time and climate had taken their toll. Many structures had been destroyed within the storm of 1915 and never rebuilt. Later hurricanes destroyed extra, eventually taking Manila Village in 1964.

    in the Nineties, between six and 10 processors nonetheless produced dried shrimp. All of these used indoor dehydrators and rotating-drum shell-hullers. It takes about eight kilos of clean shrimp to supply one pound of dried shrimp. Louisiana dried shrimp are shipped to California, Hawaii, new york, and Canada as well as being available in-state. apparently, Louisiana has really been importing some dried shrimp from Taiwan.

    David A. Bourgeois is an agent with the Louisiana State university AgCenter, 511 Roussell St., Houma. He may also be reached at 873-6495.

    NEW WASHINGTON: practically 200 end up to oppose incorporation | killexams.com real questions with brain dumps

    The cafeteria at New Washington high faculty changed into full of individuals and full of noise, but it wasn’t because it was lunch hour for college students.

    It become a gathering many believed become to push to include the city.

    a group of recent Washington residents, a rural place in the Northeast corner of Clark County, have held meetings — Tuesday changed into its third — to decide how to make improvements within the neighborhood, noted Austin Wiggam, a new Washington resident and local enterprise proprietor, who become speakme for the community.

    At its 2d assembly, speakers from the county and cities affiliation of Indiana presented the community with information weighing the professionals and cons of incorporation.

    “The only incorporation talk that has ever been done became at that 2nd assembly and it changed into an informational aspect only,” Wiggam said.

    whereas Wiggam observed no effort was begun to achieve a petition for incorporation — step one for a local to be considered, requiring 50 signatures — point out of the idea sparked a passionate response.

    “I consider that’s likely why emotions are operating so high, as a result of to contain a neighborhood ... the taxes would go up astronomical[ly], simply to fund the things that would come with an incorporation,” referred to Felix Hensley, Indiana state boating legislation administrator and a local resident, speakme on behalf of those in opposition to the concept of incorporation.

    Even with the denial of a petition ever being circulated to begin a possible incorporation, Hensley outlined some poor features and the technique New Washington would ought to move through to incorporate.

    a part of the technique, past a petition, would be public hearings earlier than the Clark County Commissioners.

    while Commissioner Ed Meyer noted he has not been approached through any individual concerning the incorporation of new Washington, he agreed the area would should go through a series of boundaries to incorporate and that it likely would influence in a rise in prices for new Washington residents.

    Commissioner Mike Moore agreed with Meyer.

    “I believe those people would see a big tax raise,” he talked about. “I couldn't support the annexation of new Washington, [but] if I noticed overwhelming numbers for it, i'd accept as true with it.”

    The mood of the room become decidedly towards incorporation and the argument seemed moot.

    “There is not any community at present pursuing the incorporation system,” Wiggam pointed out. “that is so simple as I can make it.

    “This started out as this idea to get people collectively to look if we could do some decent and it’s turned into a lot of people getting angry and upset.”

    Residents remained irritated and upset on account of the confusion surrounding the assembly. Many members of the audience persevered to harp on their opposition to incorporation, involved that an effort in that method become going to proceed.

    Wiggam again denied there turned into any effort to that impact, repeating the group was there to aid the neighborhood.

    but suspicion continued, because the committee had no identify, no particularly outlined desires, no listing of what took place at the prior meetings, no capacity of reaching the generalization of “improving the community,” no plan of attaining these “dreams” or of even organizing the subsequent meeting.

    “if they want to carry someone in from state to focus on this again, then each person here set your assembly and let them talk about it,” stated Patty Amick, a brand new Washington resident.

    In a pamphlet surpassed out on the door, which blanketed an agenda, it ended with “what’s subsequent?”

    When Wiggam changed into posed that question, he answered to get the neighborhood together, but had no selected kind in which to do that and no agenda in area.

    NetApp reviews Fourth Quarter and monetary yr 2017 consequences | killexams.com real questions with brain dumps

    might also 24, 2017 16:01 ET | source: NetApp, Inc.
  • net Revenues for this fall up 5% quarter-over-quarter and seven% 12 months-over-12 months.
  • this autumn All-flash array annualized net salary run rate of $1.70 billion, up basically a hundred and forty% year-over-12 months.
  • Over an exabyte of flash shipped in fiscal year 2017.
  • $913 million returned to shareholders in share repurchases and cash dividends in fiscal yr 2017.
  • First quarter fiscal yr 2018 dividend to increase by way of 5% to $0.20 per share.
  • SUNNYVALE, Calif., may additionally 24, 2017 (GLOBE NEWSWIRE) -- NetApp (NASDAQ:NTAP) nowadays said monetary results for the fourth quarter and fiscal year 2017, ended April 28, 2017.

    Fourth Quarter fiscal ResultsNet revenues for the fourth quarter of fiscal year 2017 had been $1.48 billion. GAAP net salary for the fourth quarter of fiscal yr 2017 became $190 million, or $0.68 per share,1 in comparison to GAAP web lack of $eight million, or $0.03 loss per share,2 for the comparable length of the prior 12 months. Non-GAAP net income for the fourth quarter of fiscal yr 2017 changed into $239 million, or $0.86 per share,3 compared to non-GAAP internet profits of $157 million, or $0.fifty five per share, for the related duration of the prior 12 months.

    Fiscal yr 2017 economic ResultsNet revenues for fiscal yr 2017 have been $5.fifty two billion. GAAP web salary for fiscal year 2017 became $509 million, or $1.eighty one per share,1 in comparison to GAAP internet salary of $229 million, or $0.77 per share, for the related length of the prior 12 months. Non-GAAP web revenue for fiscal year 2017 turned into $768 million, or $2.73 per share,three compared to non-GAAP web earnings of $633 million, or $2.13 per share, for the comparable length of the prior yr.

    cash, money Equivalents and InvestmentsNetApp ended the fourth quarter of fiscal 12 months 2017 with $four.9 billion in complete cash, money equivalents and investments. all through the fourth quarter of fiscal 12 months 2017, the enterprise generated $365 million in cash from operations and returned $one hundred eighty million to shareholders via share repurchases and a money dividend.

    The enterprise will enhance the first quarter fiscal year 2018 dividend by using 5% to $0.20 per share. The quarterly dividend might be paid on July 26, 2017, to shareholders of list as of the shut of company on July 7, 2017.

    “Our persevered focus and disciplined execution yielded yet one more quarter of solid effects. we have regained momentum, returning the company to earnings boom and providing in opposition t all of our fiscal yr 2017 commitments,” noted George Kurian, chief government officer. “with the aid of innovating to redefine normal markets and to bring enterprise-grade expertise to emerging areas of the market, we are gaining market share, expanding our addressable market, and developing new alternatives for NetApp.”

    Q1 Fiscal yr 2018 Outlook The enterprise provided here fiscal suggestions for the primary quarter of fiscal year 2018:     • web revenues are expected to be in the range of $1.24 billion to $1.39 billion     GAAP Non-GAAP  • earnings per share is expected to be in the latitude of:   $0.30 - $0.38 $0.49 - $0.57       Full Fiscal yr 2018 Outlook The enterprise offered here financial suggestions for the whole fiscal 12 months 2018:         GAAP Non-GAAP • Consolidated gross margin is anticipated to be within the latitude of: sixty one% - sixty two% 62% - sixty three% • operating margin is expected to be within the latitude of: 14% - sixteen% 18% - 20% • positive tax expense is anticipated to be within the latitude of: 23% - 24% 19% - 20%

    business Highlights

  • NetApp Expands impact in Flash, Cloud, and next-technology information core- New NetApp All-Flash improvements improve information center Economics. New All Flash FAS A700s array can provide breakthrough efficiency in a compact kind component to modernize IT for demanding enterprise applications, analytic workloads and cloud integration.- NetApp Names Anthony Lye to steer Cloud business Unit. Cloud champion joins NetApp to accelerate hyperscaler and hybrid cloud development. Lye, who experiences to NetApp CEO George Kurian, drives the strategy and execution integral to create a profitable cloud business for NetApp and establish the business because the undisputed leader in managing data in a cloud-built-in world.- One-year Anniversary: NetApp SolidFire Redefines records middle Infrastructure. NetApp celebrated the one-year anniversary of its acquisition of SolidFire, fueling the enhance of the subsequent-technology statistics middle it truly is transforming IT for businesses and service providers.
  • consumers group with NetApp to power Transformation and enhance efficiency with Their alternative of Hybrid Cloud Deployment- NetApp supports essential Energi in remodeling information into energy mark downs throughout the uk. Sustainable power business, essential Energi, deployed a NetApp all-flash array to pace performance and NetApp AltaVault cloud-built-in storage to assist the company meet obligatory lower back up requirements.- DARZ Drives DevOps Success with NetApp. German IT services chief fuels purchasers’ digital transformation with the aid of enabling agile application building through its Docker & Container as a carrier offering.- neteffect offers Hybrid Cloud catastrophe recuperation solutions with NetApp. NetApp converged infrastructure offers neteffect technologies the flexibleness to blend on-premises and cloud features for shoppers.- NetApp Helps Kaufman hall radically change groups with information-driven perception. Kaufman hall takes important first step towards a hybrid cloud future by means of consolidating on FlexPod to pace innovation in addition to maximize performance and boom.- Contegix accelerates inner most Cloud Deployment and Cuts service expenses in Half with NetApp SolidFire. The leading cloud host provider prepares for coming records deluge with excessive-performing, scalable NetApp SolidFire all-flash storage to satisfy customers’ demands for scalability and assured performance to speed up their private cloud deployments.
  • Webcast and convention name InformationNetApp will host a convention name to focus on these outcomes these days at 2:30 p.m. Pacific Time. To entry the are living webcast of this adventure, seek advice from the NetApp Investor members of the family site at investors.netapp.com. furthermore, this press unencumber, ancient supplemental information tables, and other information concerning the name should be posted on the Investor members of the family web page. An audio replay will even be accessible on the website after 4:30 p.m. Pacific Time these days.

    About NetAppLeading agencies worldwide count on NetApp for software, systems and functions to manipulate and shop facts. We assist clients capitalize on the value of their records in the hybrid cloud via our data textile method, information administration potential, portfolio and ecosystem. To study greater, seek advice from www.netapp.com.

    “safe Harbor” observation beneath U.S. private Securities Litigation Reform Act of 1995This press release carries ahead-searching statements in the meaning of the inner most Securities Litigation Reform Act of 1995. These statements encompass, however aren't restricted to, the entire statements made under the Q1 Fiscal 12 months 2018 Outlook section and the complete Fiscal year 2018 Outlook part and statements ­­made about our potential to redefine natural markets, address rising markets and benefit market share. All of those ahead-looking statements contain risk and uncertainty. exact results might also differ materially from these statements for a lot of factors, together with, without obstacle, everyday world political, macroeconomic and market situations, changes in U.S. government spending, revenue seasonality and concerns specific to our business, corresponding to our potential to have in mind, and without difficulty respond to adjustments affecting our market atmosphere, product, technologies and customer necessities, including the have an effect on of the cloud, client demand for and acceptance of our items and features, our ability to in the reduction of our cost constitution, streamline the company and enhance effectivity, our capacity to effectively integrate the SolidFire acquisition, and our potential to manage our gross income margins. These and other equally critical factors are described in reviews and files we file once in a while with the Securities and change commission, including the factors described below the area titled “chance components” in our most recently submitted Annual record on form 10-k. We disclaim any obligation to update information contained during this press free up no matter if as a result of new tips, future routine, or in any other case.

    NetApp and the NetApp emblem and the marks listed at http://www.netapp.com/TM are trademarks of NetApp, Inc. different company and product names may well be emblems of their respective house owners.

    1GAAP net profits per share is calculated the use of the diluted number of shares.2GAAP internet loss per share is calculated using the fundamental number of shares and excludes regular stock equivalents because the have an effect on could be anti-dilutive.3Non-GAAP web revenue excludes, when relevant, (a) amortization of intangible assets, (b) inventory-primarily based compensation costs, (c) acquisition-connected fees, (d) restructuring expenses, (e) asset impairments, (f) positive factors/losses on the sale of residences, and (g) our GAAP tax provision, but contains a non-GAAP tax provision based mostly upon our projected annual non-GAAP useful tax cost for the primary three quarters of the fiscal 12 months and an actual non-GAAP tax provision for the fourth quarter of the fiscal 12 months. NetApp makes further adjustments to the non-GAAP tax provision for definite tax matters as described below. Non-GAAP income per share is calculated the usage of the diluted number of shares for all intervals offered. a detailed reconciliation of our non-GAAP to GAAP outcomes can also be found at http://investors.netapp.com. NetApp’s administration uses these non-GAAP measures in making working selections because it believes the measurements deliver significant supplemental assistance involving NetApp’s ongoing operational efficiency.

    NetApp usage of Non-GAAP monetary InformationTo supplement NetApp’s condensed consolidated financial plan information introduced in response to generally authorised accounting ideas in the united states (GAAP), NetApp provides traders with definite non-GAAP measures, including, but no longer restrained to, old non-GAAP working consequences, non-GAAP web salary, non-GAAP effective tax price and free money movement, and historic and projected non-GAAP profits per diluted share.

    NetApp believes that the presentation of non-GAAP web profits, non-GAAP positive tax prices, and non-GAAP revenue per share statistics when proven along with the corresponding GAAP measures, provides constructive advice to investors and management concerning monetary and business trends regarding its financial circumstance and consequences of operations. NetApp believes that the presentation of free cash circulation, which it defines as the net money provided with the aid of working activities much less cash used to purchase property and device, to be a liquidity measure that gives positive tips to administration and buyers because it displays cash that can also be used to, among other things, invest in its enterprise, make strategic acquisitions, repurchase average inventory, and pay dividends on its ordinary stock. As free cash circulate isn't a measure of liquidity calculated based on GAAP, free money movement should be regarded in addition to, however no longer as a substitute for, the evaluation provided in the statement of money flows.

    NetApp’s management makes use of these non-GAAP measures in making operating selections because it believes the measurements provide meaningful supplemental advice related to NetApp’s ongoing operational efficiency. These non-GAAP financial measures are used to: (1) measure business performance in opposition t historical outcomes, (2) facilitate comparisons to our rivals’ operating consequences and (3) permit better transparency with recognize to assistance used through management in financial and operational determination making. furthermore, in fiscal years 2016 and 2017 these non-GAAP monetary measures are used to measure business efficiency for the purposes of making a choice on employee incentive plan compensation. 

    NetApp excludes here gadgets from its non-GAAP measures when relevant:

    A. Amortization of intangible assets. NetApp data amortization of intangible property that were got in reference to its enterprise mixtures. The amortization of intangible belongings varies counting on the level of acquisition endeavor. management finds it beneficial to exclude these costs to check the appropriate degree of a variety of operating costs to support in budgeting, planning and forecasting future periods and in measuring operational efficiency.

    B. inventory-primarily based compensation expenses. NetApp excludes stock-based compensation charges from its non-GAAP measures basically as a result of they are non-cash fees. whereas management views stock-based mostly compensation as a key aspect of our worker retention and lengthy-term incentives, we do not view it as an rate for use in evaluating operational performance in any given duration.

    C. Acquisition-connected charges. NetApp excludes acquisition-linked prices, together with (a) due diligence, criminal and other one-time integration costs and (b) write down of property bought that NetApp does not intend to use in its ongoing enterprise, from its non-GAAP measures, primarily as a result of they aren't related to our ongoing business or charge base and, for this reason, cannot be relied upon for future planning and forecasting.

    D. Restructuring prices. These expenses encompass restructuring charges that are incurred according to the specific records and cases of restructuring decisions, including employment and contractual settlement phrases, and other linked costs, and might differ in dimension and frequency. We therefore exclude them in our evaluation of operational performance. 

    E. Asset impairments. These are non-money prices to write down assets when there's a demonstration that the asset has become impaired. administration finds it beneficial to exclude these non-money costs due to the unpredictability of these hobbies in its evaluation of operational performance.

    F. beneficial properties/losses on the sale of homes. These are positive factors/losses from the sale of our properties. administration believes that these transactions do not mirror the results of our underlying, on-going business and, hence, cannot be relied upon for future planning or forecasting.

    G. income tax changes. NetApp’s non-GAAP tax provision is based mostly upon a projected annual non-GAAP positive tax rate for the primary three quarters of the fiscal 12 months and an specific non-GAAP tax provision for the fourth quarter of the fiscal yr. The non-GAAP tax provision also excludes, when applicable, (a) tax costs or merits in the current duration that relate to 1 or more prior fiscal periods that are as a result of pursuits akin to alterations in tax legislations, authoritative assistance, revenue tax audit settlements and/or court docket choices, (b) tax charges or merits that are because of extraordinary or non-recurring book and/or tax accounting components changes, (c) tax charges that are as a result a non-routine international money repatriation, (d) tax fees or advantages that are end result of the infrequent restructuring of the business’s tax structure, (e) tax charges or advantages which are a result of a transformation in valuation allowance, and (f) tax expenses resulting from the mixing of intellectual homes from acquisitions. management believes that using non-GAAP tax provisions provides a extra meaningful measure of the enterprise’s operational performance.

    These non-GAAP measures don't seem to be in response to, or an option for, measures prepared in accordance with GAAP, and can be distinct from non-GAAP measures used with the aid of other agencies. additionally, these non-GAAP measures aren't according to any complete set of accounting rules or ideas. NetApp believes that non-GAAP measures have limitations in that they do not reflect all the amounts linked to the business’s consequences of operations as decided in line with GAAP and that these measures should handiest be used to evaluate the company’s results of operations along side the corresponding GAAP measures. NetApp management compensates for these boundaries with the aid of inspecting present and projected consequences on a GAAP basis as well as a non-GAAP basis. The presentation of non-GAAP fiscal suggestions is not intended to be considered in isolation or as an alternative choice to the directly comparable financial measures prepared based on frequently accepted accounting ideas in the u.s.. The non-GAAP financial measures are meant to supplement, and be considered in conjunction with, GAAP monetary measures.

    NETAPP, INC.CONDENSED CONSOLIDATED stability SHEETS(In thousands and thousands)(Unaudited)       April 28,2017     April 29,2016                     belongings                                   current assets:                 money, cash equivalents and investments   $ four,921     $ 5,303   bills receivable     731       813   Inventories     163       ninety eight   other present assets     383       234   complete current property     6,198       6,448                     Property and gadget, internet     799       937   Goodwill and purchased intangible belongings, internet     1,815       1,856   other non-current assets     681       796   total belongings   $ 9,493     $ 10,037                     LIABILITIES AND STOCKHOLDERS' fairness                                   present liabilities:                 money owed payable   $ 347     $ 254   accumulated costs     782       765   business paper notes     500       —   brief-term mortgage     —       849   present portion of long-time period debt     749       —   short-term deferred revenue and financed unearned capabilities income     1,661       1,794   total existing liabilities     four,039       3,662   lengthy-term debt     744       1,490   other long-time period liabilities     249       413   lengthy-time period deferred income and financed unearned capabilities earnings     1,681       1,591   complete liabilities     6,713       7,156                     Stockholders' fairness     2,780       2,881   complete liabilities and stockholders' fairness   $ 9,493     $ 10,037   NETAPP, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(In millions, apart from per share amounts)(Unaudited)       Three Months Ended     year Ended       April 28,2017     April 29,2016     April 28,2017     April 29,2016                                     Revenues:                                 Product   $ 852     $ 757     $ 3,006     $ 2,986   software renovation     242       234       965       949   Hardware preservation and different capabilities     387       389       1,548       1,611   internet revenues     1,481       1,380       5,519       5,546                                     charge of revenues:                                 charge of product     444       424       1,614       1,558   can charge of software upkeep     6       9       28       37   can charge of hardware upkeep and other services     118       129       487       578   total charge of revenues     568       562       2,129       2,173     Gross earnings     913       818       3,390       3,373                                     operating fees:                                 revenue and advertising     405       434       1,633       1,792   analysis and development     191       201       779       861   regularly occurring and administrative     70       84       271       307   Restructuring costs     —       80       52       108   Acquisition-connected fee     —       6       —       8   benefit on sale of properties     —       (fifty one )     (10 )     (51 ) total operating expenses     666       754       2,725       3,025                                     profits from operations     247       sixty four       665       348                                     other revenue (cost), internet     1       (4 )     —       (three )                                   income earlier than earnings taxes     248       60       665       345                                     Provision for income taxes     fifty eight       sixty eight       156       116                                     web profits (loss)   $ one hundred ninety     $ (eight )   $ 509     $ 229                                     net earnings (loss) per share:                                 basic   $ 0.70     $ (0.03 )   $ 1.eighty five     $ 0.78                                     Diluted   $ 0.68     $ (0.03 )   $ 1.eighty one     $ 0.77                                     Shares utilized in net income (loss) per share calculations:                                 fundamental     270       284       275       294                                     Diluted     278       284       281       297                                     money dividends declared per share   $ 0.190     $ 0.one hundred eighty     $ 0.760     $ 0.720   NETAPP, INC.CONDENSED CONSOLIDATED STATEMENTS OF cash FLOWS(In thousands and thousands)(Unaudited)       Three Months Ended     12 months Ended       April 28,2017     April 29,2016     April 28,2017     April 29,2016   cash flows from working activities:                                 internet earnings (loss)   $ one hundred ninety     $ (8 )   $ 509     $ 229   changes to reconcile web earnings (loss) to web cash  provided by using working actions:                                 Depreciation and amortization     53       77       226       279   inventory-based compensation     forty six       61       195       260   benefit on sale of houses     —       (fifty one )     (10 )     (fifty one ) other items, net     19       31       84       (forty three ) adjustments in belongings and liabilities, web of acquisitions of  agencies:                                 accounts receivable     (127 )     (206 )     81       (16 ) Inventories     (38 )     5       (sixty five )     49   debts payable     81       60       94       (53 ) gathered costs     35       108       (86 )     30   Deferred salary and financed unearned capabilities  revenue     111       238       (37 )     186   changes in other operating property and liabilities, internet     (5 )     30       (5 )     104   web money offered by means of working actions     365       345       986       974   cash flows from investing activities:                                 Redemptions (purchases) of investments, internet     (45 )     103       (43 )     982   Purchases of property and equipment     (38 )     (35 )     (a hundred seventy five )     (a hundred and sixty ) Proceeds from sale of homes     —       102       —       102   Acquisitions of companies, net of money bought     (8 )     (842 )     (eight )     (842 ) different investing actions, internet     four       four       6       3   web cash supplied by means of (utilized in) investing actions     (87 )     (668 )     (220 )     85   cash flows from financing actions:                                 Issuance of regular inventory under employee stock award  plans     22       —       92       70   Repurchase of average inventory     (129 )     (262 )     (705 )     (960 ) adjustments in industrial paper notes, web     107       —       499       —   Proceeds from sale-leaseback financing transactions     —       148       —       148   Proceeds from brief-term mortgage     —       870       —       870   repayment of brief-term personal loan     —       (20 )     (850 )     (20 ) Dividends paid     (51 )     (fifty one )     (208 )     (210 ) different financing activities, internet     —       (4 )     (7 )     (7 ) internet cash supplied with the aid of (utilized in) financing activities     (51 )     681       (1,179 )     (109 )                                   effect of trade fee alterations on money and cash equivalents     4       15       (11 )     (4 )                                   web raise (reduce) in money and cash equivalents     231       373       (424 )     946   cash and money equivalents:                                 starting of period     2,213       2,495       2,868       1,922   end of period   $ 2,444     $ 2,868     $ 2,444     $ 2,868   NETAPP, INC.   SUPPLEMENTAL information   (In tens of millions except internet salary per share, percentages, DSO, DIO, DPO, CCC and stock Turns)   (Unaudited)                                                                                           this fall FY'17     Q3 FY'17     this autumn FY'sixteen     FY 2017     FY 2016                                             Revenues                                         Product (1)   $ 852     $ 784     $ 757     $ three,006     $ 2,986   Strategic   $ 596     $ 512     $ 481     $ 1,971     $ 1,682   Mature   $ 256     $ 272     $ 276     $ 1,035     $ 1,304   software upkeep   $ 242     $ 240     $ 234     $ 965     $ 949   Hardware maintenance and other functions:   $ 387     $ 380     $ 389     $ 1,548     $ 1,611   Hardware preservation help Contracts   $ 313     $ 313     $ 318     $ 1,265     $ 1,316   knowledgeable and other services   $ seventy four     $ 67     $ 71     $ 283     $ 295   internet Revenues   $ 1,481     $ 1,404     $ 1,380     $ 5,519     $ 5,546                                                                                       Geographic mix                                             % of Q4FY'17Revenue     % of Q3FY'17Revenue     % of Q4FY'16Revenue     % ofFY 2017Revenue     % ofFY 2016Revenue   Americas     fifty four %     fifty five %     fifty four %     56 %     55 % Americas commercial     42 %     44 %     43 %     forty three %     43 % U.S. Public Sector     12 %     10 %     12 %     13 %     12 % EMEA     32 %     33 %     33 %     31 %     32 % Asia Pacific     14 %     13 %     13 %     13 %     13 %                                                                                     Pathways mix                                             % of Q4FY'17Revenue     % of Q3FY'17Revenue     % of Q4FY'16Revenue     % ofFY 2017Revenue     % ofFY 2016Revenue   Direct     22 %     21 %     26 %     22 %     23 % oblique     seventy eight %     seventy nine %     seventy four %     78 %     seventy seven %                                                                                     Non-GAAP Gross Margins                                             this fall FY'17     Q3 FY'17     q4 FY'sixteen     FY 2017     FY 2016   Non-GAAP Gross Margin     62.5 %     61.5 %     sixty one.1 %     62.three %     sixty two.5 % Product     forty eight.9 %     45.7 %     46.8 %     47.4 %     50.2 % utility renovation     97.5 %     ninety seven.1 %     ninety six.2 %     97.1 %     ninety six.1 % Hardware renovation and different services     70.three %     71.6 %     sixty seven.9 %     69.four %     sixty five.7 %                                                                                     Non-GAAP income from Operations, salary earlier than profits Taxes & effective Tax price                                             this fall FY'17     Q3 FY'17     this autumn FY'16     FY 2017     FY 2016   Non-GAAP revenue from Operations   $ 306     $ 284     $ 185     $ 950     $ 751   % of net Revenues     20.7 %     20.2 %     13.4 %     17.2 %     13.5 % Non-GAAP earnings earlier than profits Taxes   $ 307     $ 284     $ 181     $ 950     $ 748   Non-GAAP effective Tax fee     22.1 %     18.6 %     13.1 %     19.2 %     15.four %                                                                                     Non-GAAP net earnings                                             this autumn FY'17     Q3 FY'17     q4 FY'16     FY 2017     FY 2016   Non-GAAP internet revenue   $ 239     $ 231     $ 157     $ 768     $ 633   Non-GAAP Weighted regular standard Shares magnificent, Diluted     278       281       287       281       297   Non-GAAP profits per Share, Diluted   $ 0.86     $ 0.eighty two     $ 0.fifty five     $ 2.73     $ 2.13                                                                                       choose balance Sheet gadgets                                             this autumn FY'17     Q3 FY'17     this fall FY'16                   Deferred earnings and Financed Unearned services income   $ 3,342     $ three,234     $ three,385                   DSO (days)     forty five       39       54                   DIO (days)     26       21       sixteen                   DPO (days)     fifty six       42       forty one                   CCC (days)     15       17       28                   inventory Turns     14       18       23                                                             Days earnings wonderful (DSO) is defined as bills receivable divided by means of net revenues, extended by way of the variety of days in the quarter.   Days inventory spectacular (DIO) is defined as net inventories divided via cost of revenues, increased with the aid of the variety of days in the quarter.   Days payables amazing (DPO) is described as debts payable divided through charge of revenues, expanded through the number of days in the quarter.   cash conversion cycle (CCC) is described as DSO plus DIO minus DPO.   stock turns is described as annualized can charge of revenues divided through web inventories.                                                                 opt for cash circulation commentary gadgets                                             this autumn FY'17     Q3 FY'17     q4 FY'16     FY 2017     FY 2016   internet money supplied by operating activities   $ 365     $ 235     $ 345     $ 986     $ 974   Purchases of Property and gadget   $ 38     $ forty five     $ 35     $ a hundred seventy five     $ a hundred and sixty   Free cash stream   $ 327     $ 190     $ 310     $ 811     $ 814   Free cash circulate as a % of web Revenues     22.1 %     13.5 %     22.5 %     14.7 %     14.7 %                                           Free cash flow is a non-GAAP measure and is described as web cash provided by way of operating actions much less purchases of property and machine.                                             Some items can also now not add or recalculate due to rounding.                                                             (1) revenue of definite items which should had been reported as strategic products had been improperly pronounced as mature product revenues. All FY 2016 intervals presented had been recast to replicate the applicable classification.   NETAPP, INC.   RECONCILIATION OF NON-GAAP TO GAAP   income commentary counsel   (In hundreds of thousands, except net salary (loss) per share quantities)                                                 q4'FY17     Q3'FY17     q4'FY16     FY2017     FY2016                                             web income (LOSS)   $ a hundred ninety     $ 146     $ (8 )   $ 509     $ 229   adjustments:                                         Amortization of intangible property     13       13       25       48       67   inventory-based mostly compensation     forty six       forty six       61       195       260   Asset impairment     —       —       —       —       eleven   Restructuring charges     —       fifty two       80       fifty two       108   Acquisition-related cost     —       —       6       —       8   benefit on sale of residences     —       (10 )     (fifty one )     (10 )     (fifty one ) earnings tax impact of non-GAAP adjustments     (10 )     (sixteen )     (20 )     (26 )     (86 ) profits tax charges from integration of intellectual  houses from acquisition     —       —       64       —       64   settlement of salary tax audit     —       —       —       —       23   NON-GAAP internet income   $ 239     $ 231     $ 157     $ 768     $ 633                                             can charge OF REVENUES   $ 568     $ 553     $ 562     $ 2,129     $ 2,173   alterations:                                         Amortization of intangible assets     (8 )     (8 )     (20 )     (29 )     (sixty one ) stock-based mostly compensation     (4 )     (four )     (5 )     (17 )     (24 ) Asset impairment     —       —       —       —       (11 ) NON-GAAP charge OF REVENUES   $ 556     $ 541     $ 537     $ 2,083     $ 2,077                                             cost OF PRODUCT REVENUES   $ 444     $ 435     $ 424     $ 1,614     $ 1,558   changes:                                         Amortization of intangible property     (8 )     (8 )     (20 )     (29 )     (sixty one ) inventory-primarily based compensation     (1 )     (1 )     (1 )     (four )     (5 ) Asset impairment     —       —       —       —       (5 ) NON-GAAP can charge OF PRODUCT REVENUES   $ 435     $ 426     $ 403     $ 1,581     $ 1,487                                             cost OF HARDWARE protection AND different capabilities REVENUES   $ 118     $ 111     $ 129     $ 487     $ 578   alterations:                                         stock-primarily based compensation     (3 )     (three )     (four )     (13 )     (19 ) Asset impairment     —       —       —       —       (6 ) NON-GAAP charge OF HARDWARE maintenance AND other capabilities REVENUES   $ 115     $ 108     $ 125     $ 474     $ 553                                             GROSS earnings   $ 913     $ 851     $ 818     $ three,390     $ three,373   alterations:                                         Amortization of intangible property     eight       8       20       29       61   stock-based mostly compensation     four       four       5       17       24   Asset impairment     —       —       —       —       eleven   NON-GAAP GROSS profit   $ 925     $ 863     $ 843     $ 3,436     $ three,469   NETAPP, INC.   RECONCILIATION OF NON-GAAP TO GAAP   salary commentary information   (In millions, except internet earnings (loss) per share amounts)                                                 this fall'FY17     Q3'FY17     q4'FY16     FY2017     FY2016                                             revenue AND advertising charges   $ 405     $ 381     $ 434     $ 1,633     $ 1,792   changes:                                         Amortization of intangible belongings     (5 )     (5 )     (5 )     (19 )     (6 ) inventory-based compensation     (20 )     (20 )     (26 )     (eighty four )     (a hundred and ten ) NON-GAAP income AND marketing expenses   $ 380     $ 356     $ 403     $ 1,530     $ 1,676                                             analysis AND building expenses   $ 191     $ 181     $ 201     $ 779     $ 861   Adjustment:                                         stock-based compensation     (13 )     (14 )     (20 )     (59 )     (84 ) NON-GAAP analysis AND construction costs   $ 178     $ 167     $ 181     $ 720     $ 777                                             established AND ADMINISTRATIVE prices   $ 70     $ 64     $ eighty four     $ 271     $ 307   Adjustment:                                         stock-based compensation     (9 )     (eight )     (10 )     (35 )     (forty two ) NON-GAAP accepted AND ADMINISTRATIVE prices   $ sixty one     $ fifty six     $ seventy four     $ 236     $ 265                                             RESTRUCTURING costs   $ —     $ 52     $ 80     $ 52     $ 108   Adjustment:                                         Restructuring expenses     —       (fifty two )     (eighty )     (52 )     (108 ) NON-GAAP RESTRUCTURING expenses   $ —     $ —     $ —     $ —     $ —                                             ACQUISITION-linked rate   $ —     $ —     $ 6     $ —     $ 8   Adjustment:                                         Acquisition-related rate     —       —       (6 )     —       (8 ) NON-GAAP ACQUISITION-linked rate   $ —     $ —     $ —     $ —     $ —                                             benefit ON SALE OF residences   $ —     $ (10 )   $ (fifty one )   $ (10 )   $ (fifty one ) Adjustment:                                         profit on sale of homes     —       10       51       10       fifty one   NON-GAAP profit ON SALE OF houses   $ —     $ —     $ —     $ —     $ —                                             operating prices   $ 666     $ 668     $ 754     $ 2,725     $ 3,025   alterations:                                         Amortization of intangible property     (5 )     (5 )     (5 )     (19 )     (6 ) stock-primarily based compensation     (forty two )     (forty two )     (56 )     (178 )     (236 ) Restructuring charges     —       (fifty two )     (eighty )     (fifty two )     (108 ) Acquisition-linked expense     —       —       (6 )     —       (eight ) gain on sale of houses     —       10       fifty one       10       51   NON-GAAP operating prices   $ 619     $ 579     $ 658     $ 2,486     $ 2,718   NETAPP, INC.   RECONCILIATION OF NON-GAAP TO GAAP   profits statement suggestions   (In thousands and thousands, except web revenue (loss) per share quantities)                                                 this fall'FY17     Q3'FY17     this fall'FY16     FY2017     FY2016                                             salary FROM OPERATIONS   $ 247     $ 183     $ 64     $ 665     $ 348   adjustments:                                         Amortization of intangible belongings     13       13       25       48       67   stock-based mostly compensation     forty six       forty six       sixty one       195       260   Asset impairment     —       —       —       —       eleven   Restructuring prices     —       52       80       52       108   Acquisition-connected price     —       —       6       —       eight   benefit on sale of properties     —       (10 )     (fifty one )     (10 )     (51 ) NON-GAAP income FROM OPERATIONS   $ 306     $ 284     $ 185     $ 950     $ 751                                             income earlier than revenue TAXES   $ 248     $ 183     $ 60     $ 665     $ 345   adjustments:                                         Amortization of intangible property     13       13       25       forty eight       67   stock-based compensation     46       forty six       61       195       260   Asset impairment     —       —       —       —       11   Restructuring expenses     —       fifty two       eighty       52       108   Acquisition-connected rate     —       —       6       —       eight   profit on sale of houses     —       (10 )     (fifty one )     (10 )     (51 ) NON-GAAP profits earlier than earnings TAXES   $ 307     $ 284     $ 181     $ 950     $ 748                                             PROVISION FOR salary TAXES   $ fifty eight     $ 37     $ sixty eight     $ 156     $ 116   changes:                                         salary tax impact of non-GAAP changes     10       sixteen       20       26       86   income tax prices from integration of intellectual  residences from acquisition     —       —       (sixty four )     —       (sixty four ) settlement of revenue tax audit     —       —       —       —       (23 ) NON-GAAP PROVISION FOR earnings TAXES   $ 68     $ 53     $ 24     $ 182     $ one hundred fifteen                                             web salary (LOSS) PER SHARE   $ 0.68     $ 0.fifty two     $ (0.03 )   $ 1.eighty one     $ 0.seventy seven   changes:                                         Amortization of intangible assets     0.05       0.05       0.09       0.17       0.23   stock-based mostly compensation     0.17       0.16       0.21       0.sixty nine       0.88   Asset impairment     —       —       —       —       0.04   Restructuring charges     —       0.19       0.28       0.19       0.36   Acquisition-related price     —       —       0.02       —       0.03   gain on sale of houses     —       (0.04 )     (0.18 )     (0.04 )     (0.17 ) income tax impact of non-GAAP adjustments     (0.04 )     (0.06 )     (0.07 )     (0.09 )     (0.29 ) profits tax charges from integration of intellectual  houses from acquisition     —       —       0.23       —       0.22   settlement of earnings tax audit     —       —       —       —       0.08   NON-GAAP web earnings PER SHARE   $ 0.86     $ 0.82     $ 0.fifty five     $ 2.73     $ 2.13   RECONCILIATION OF NON-GAAP TO GAAP   GROSS MARGIN   ($ in tens of millions)                               q4'FY17     Q3'FY17     this fall'FY16     FY2017     FY2016                                             Gross margin-GAAP     sixty one.6 %     60.6 %     fifty nine.three %     sixty one.4 %     60.8 % cost of revenues adjustments     0.8 %     0.9 %     1.eight %     0.8 %     1.7 % Gross margin-Non-GAAP     62.5 %     61.5 %     sixty one.1 %     sixty two.3 %     sixty two.5 %                                           GAAP cost of revenues   $ 568     $ 553     $ 562     $ 2,129     $ 2,173   cost of revenues changes:                                         Amortization of intangible assets     (eight )     (8 )     (20 )     (29 )     (sixty one ) inventory-primarily based compensation     (four )     (four )     (5 )     (17 )     (24 ) Asset impairment     —       —       —       —       (eleven ) Non-GAAP charge of revenues   $ 556     $ 541     $ 537     $ 2,083     $ 2,077                                             web revenues   $ 1,481     $ 1,404     $ 1,380     $ 5,519     $ 5,546   RECONCILIATION OF NON-GAAP TO GAAP   PRODUCT GROSS MARGIN   ($ in hundreds of thousands)                               this autumn'FY17     Q3'FY17     this fall'FY16     FY2017     FY2016                                             Product gross margin-GAAP     forty seven.9 %     forty four.5 %     forty four.0 %     forty six.3 %     forty seven.eight % can charge of product revenues changes     1.1 %     1.1 %     2.8 %     1.1 %     2.4 % Product gross margin-Non-GAAP     forty eight.9 %     45.7 %     forty six.8 %     forty seven.four %     50.2 %                                           GAAP cost of product revenues   $ 444     $ 435     $ 424     $ 1,614     $ 1,558   charge of product revenues changes:                                         Amortization of intangible assets     (8 )     (8 )     (20 )     (29 )     (sixty one ) stock-based mostly compensation     (1 )     (1 )     (1 )     (4 )     (5 ) Asset impairment     —       —       —       —       (5 ) Non-GAAP can charge of product revenues   $ 435     $ 426     $ 403     $ 1,581     $ 1,487                                             Product revenues   $ 852     $ 784     $ 757     $ 3,006     $ 2,986   RECONCILIATION OF NON-GAAP TO GAAP   HARDWARE renovation AND different capabilities GROSS MARGIN   ($ in tens of millions)                               q4'FY17     Q3'FY17     q4'FY16     FY2017     FY2016                                             Hardware upkeep and other features gross margin-GAAP     sixty nine.5 %     70.eight %     66.8 %     sixty eight.5 %     64.1 % can charge of hardware upkeep and different features revenues changes     0.eight %     0.eight %     1.0 %     0.eight %     1.6 % Hardware renovation and other functions gross margin-Non-GAAP     70.three %     seventy one.6 %     sixty seven.9 %     sixty nine.4 %     65.7 %                                           GAAP charge of hardware protection and other functions revenues   $ 118     $ 111     $ 129     $ 487     $ 578   can charge of hardware upkeep and other services revenues adjustments:                                         inventory-based mostly compensation     (three )     (3 )     (4 )     (13 )     (19 ) Asset impairment     —       —       —       —       (6 ) Non-GAAP cost of hardware preservation and other features revenues   $ one hundred fifteen     $ 108     $ one hundred twenty five     $ 474     $ 553                                             Hardware protection and other capabilities revenues   $ 387     $ 380     $ 389     $ 1,548     $ 1,611   RECONCILIATION OF NON-GAAP TO GAAP   helpful TAX fee                           this autumn'FY17     Q3'FY17     this autumn'FY16     FY2017     FY2016                                             GAAP beneficial tax expense     23.four %     20.2 %     113.three %     23.5 %     33.6 % adjustments:                                         Tax impact of non-GAAP changes     (1.three )%     (1.6 )%     (sixty four.9 )%     (4.three )%     (6.6 )% profits tax fees from integration of intellectual  houses from acquisition     — %     — %     (35.four )%     — %     (eight.6 )% contract of profits tax audit     — %     — %     — %     — %     (three.1 )% Non-GAAP helpful tax rate     22.1 %     18.6 %     13.1 %     19.2 %     15.4 % RECONCILIATION OF net money provided by way of operating actions   TO FREE money circulate (NON-GAAP)   (In thousands and thousands)                               q4'FY17     Q3'FY17     q4'FY16     FY2017     FY2016   web cash offered by working actions   $ 365     $ 235     $ 345     $ 986     $ 974   Purchases of property and equipment     (38 )     (forty five )     (35 )     (a hundred seventy five )     (one hundred sixty ) Free cash flow   $ 327     $ a hundred ninety     $ 310     $ 811     $ 814  

    Some gadgets may additionally not add or recalculate because of rounding.

    NETAPP, INC.   RECONCILIATION OF NON-GAAP information TO GAAP   EXPRESSED AS earnings PER SHARE   FIRST QUARTER FISCAL 2018                 First Quarter       Fiscal 2018             Non-GAAP guidance - web earnings Per Share   $0.forty nine - $0.fifty seven             changes of specific objects to web earnings         Per Share for the primary Quarter Fiscal 2018:         Amortization of intangible property     (0.05 ) stock-primarily based compensation expense     (0.17 ) salary tax effect of non-GAAP alterations     0.03   complete changes     (0.19 )           GAAP assistance - net revenue Per Share   $0.30 - $0.38   NETAPP, INC. RECONCILIATION OF NON-GAAP counsel TO GAAP FISCAL 2018 (Unaudited)                 GROSS MARGIN       Gross Margin - Non-GAAP suggestions   sixty two% - 63% Adjustment:     can charge of revenues changes   (1)% Gross Margin - GAAP advice   sixty one% - 62%                 OPERATINGMARGIN       working Margin - Non-GAAP guidance   18% - 20% adjustments:     Amortization of intangible property   (1)% inventory-based mostly compensation expense   (3)% operating Margin - GAAP counsel   14% - sixteen%                       advantageous TAXRATE       positive Tax fee - Non-GAAP counsel   19% - 20% Adjustment:     Tax impact of non-GAAP alterations   four% valuable Tax price - GAAP tips   23% - 24%

    Some gadgets may also not add or recalculate due to rounding.


    Press Contact: Judy Radlinsky NetApp 1 408 822 6527 judy.radlinsky@netapp.com Investor Contact: Kris Newton NetApp 1 408 822 3312 kris.newton@netapp.com

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