Three Six 2015 2015 software revenue reconciliation Consolidated Commvault Statements Systems, of Inc. GAAP software revenue Flows 57,567 114,060 (In thouss) Adjustment for currency Reconciliation impact Consolidated Condensed of GAAP Consolidated Statements to of Balance Income Financial Sheets (Loss) Measures 3,363 8,071 software revenue on a constant (In thouss, currency (In thouss) except basis (5) per share data) 60,930 122,131 Three Six Three Months Ended Six Months Ended 2015 2015 March 31, flows from operating Three Months Ended Six services revenue reconciliation 2015 2015 Net (loss) (9,236) 2015 2014 2015 2014 Adjustments financial to reconcile measures net reconciliation: provided Adjustment Software by operating for currency : impact 57,567 69,415 5,457 114,060 141,473 10,627 GAAP (loss) from operations (4,554) 10,904 (10,809) 29,118 Depreciation cash Services equivalents services amortization revenue on a constant currency basis 83,175 (5) 2,859 81,729 1,776 88,632 165,805 5,716 327,204 162,314176,432 337,673 compensation (1) 15,068 15,072 289 29,487 3,446 Short-term investments revenues 140,742 151,144 303,787 72,806 49,936 related payroll compensation tax expense on stock option 15,068 15,072 289 29,487 Trade accounts Cost receivable, of revenues: net Three Six Excess exercises tax benefits vesting from on restricted compensation stock awards (2) (4,114) 341 (598) 182 2015 (5,899) 660 86,367 (3,387) 2015117,716 Prepaid expenses Software other taxes from current operations assets 528 (3,081) 10,855 657 26,158 (142) 1,065 (4,527) 20,140 19,745 1,247 59,166 (465) 20,084 Changes tax Services assets in total operating net revenue assets reconciliation liabilities: current GAAP GAAP assets net (9,236) receivable 5,597 20,286 compensation (1) 15,068 15,072 289 29,487 Adjustment for currency other impact current assets 119,803(2,042) 1858(8,299) 8,820 238,379 (4,807) 262,574 18,698 (7,762) related exercises total revenues expenses: vesting on on restricted a constant stock currency awards basis (2) (5) 470 341 149,562 (307) 182 (400) 660 equipment net Sales payable provision marketing for taxes adjustment (3) 85,842 482 64483,697 (5,285) 118171,624 (7,774) (36) 138,064 164,008(11,890) Other assets Research liabilities net development 16,135 7,188 6,81715,835 10,209 16,465 32,913 (5,860) 12,639 875 6,992 (1,011) 37,383 6,804 Footnotes assets - Adjustments General revenue administrative 19,906(3,778) 18,742 9,815 39,715 (4,028) 696,864 35,247 13,309 713,466 granted Net cash LIABILITIES Stock per share AND Plan. STOCKHOLDERS Those amounts 0.15 are 124,357 9,572119,954 EQUITY represented 0.35 as follows: 0.27 0.79 payable Interest of short-term expense investments (234) (23,411) (218) (39,978) (458) (47,849) 1,178 (218) (43,976) 860 liabilities Interest from Cost maturity of services of short-term revenue investments 719 199 11,489 732 195 14,983 1,388 380 24,979 1,401 s Net cash Net used General investing (loss) administrative 6,378 (9,236) (13,359) 6,369 (43,345) 12,786 (28,096) 12,625 (62,875) financing (loss) compensation portion per common expense share: 15,068 15,072 289 29,487 44,812 45,423 Other Repurchase liabilities Basic of common stock (0.20) (24,991) 0.14 (0.23) (24,991) 3,897 0.42 (105,085) 3,104 (2) Represents additional related payroll tax expenses incurred by Commvault when employees Debt issuance Diluted costs (0.20) 0.14 (94) (0.23) 0.40 (1,175) stockholders Weighted from equity average common compensation shares plans outsting: (3) tax Basic benefits stockholders for compensation 45,437 4,11445,437 598 45,361 5,899 696,864 effective 45,750 tax of approximately 37% in fiscal 2016 fiscal 2015. Net cash Diluted provided by (used in) financing 45,437 (14,614) 47,166 8,844 45,361(11,115) 47,536(92,356) shares compensation programs were excluded from the calculation of GAAP loss per share in the three six Net months decrease ended in cash cash equivalents 2015 because they would have (23,265) been anti-dilutive. (8,969) For (10,469) purposes of (93,159) non- GAAP cash equivalents per share at beginning the impact of period of dilutive options 350,469 shares has 373,543 been included. 337,673 457,733 cash equivalents at end of period 327,204 364,574 327,204 364,574 previous period applying these rates to foreign-denominated revenues in the corresponding period of Supplemental fiscal 2016. disclosures The difference of cash between flow information revenue calculated based on these foreign exchange rates Repurchase revenues of calculated common stock in accordance in accrued expenses with GAAP is listed as Adjustment 7,813 for currency impact 7,813 in the table
Three Six 2015 2015 software revenue reconciliation Consolidated Commvault Statements Systems, of Inc. GAAP software revenue Flows 57,567 114,060 (In thouss) Adjustment for currency Reconciliation impact Consolidated Condensed of GAAP Consolidated Statements to of Balance Income Financial Sheets (Loss) Measures 3,363 8,071 software revenue on a constant (In thouss, currency (In thouss) except basis (5) per share data) 60,930 122,131 Three Six Three Months Ended Six Months Ended 2015 2015 March 31, flows from operating Three Months Ended Six services revenue reconciliation 2015 2015 Net (loss) (9,236) 2015 2014 2015 2014 Adjustments financial to reconcile measures net reconciliation: provided Adjustment Software by operating for currency : impact 57,567 69,415 5,457 114,060 141,473 10,627 GAAP (loss) from operations (4,554) 10,904 (10,809) 29,118 Depreciation cash Services equivalents services amortization revenue on a constant currency basis 83,175 (5) 2,859 81,729 1,776 88,632 165,805 5,716 327,204 162,314176,432 337,673 compensation (1) 15,068 15,072 289 29,487 3,446 Short-term investments revenues 140,742 151,144 303,787 72,806 49,936 related payroll compensation tax expense on stock option 15,068 15,072 289 29,487 Trade accounts Cost receivable, of revenues: net Three Six Excess exercises tax benefits vesting from on restricted compensation stock awards (2) (4,114) 341 (598) 182 2015 (5,899) 660 86,367 (3,387) 2015117,716 Prepaid expenses Software other taxes from current operations assets 528 (3,081) 10,855 657 26,158 (142) 1,065 (4,527) 20,140 19,745 1,247 59,166 (465) 20,084 Changes tax Services assets, in total operating net revenue assets reconciliation liabilities: current GAAP GAAP assets net (9,236) receivable 5,597 20,286 compensation (1) 15,068 15,072 289 29,487 Adjustment for currency other impact current assets 119,803(2,042) 1858(8,299) 8,820 238,379 (4,807) 262,574 18,698 (7,762), related assets net exercises total revenues expenses: vesting on on restricted a constant stock currency awards basis (2) (5) 470 341 149,562 (307) 182 (400) 660 equipment, Sales payable provision marketing net for taxes adjustment (3) 85,842 482 64483,697 (5,285) 118171,624 (7,774) (36) 138,064 164,008(11,890) Other assets Research liabilities net development 16,135 7,188 6,81715,835 10,209 16,465 32,913 (5,860) 12,639 875 6,992 (1,011) 37,383 6,804 Footnotes assets - Adjustments General revenue administrative 19,906(3,778) 18,742 9,815 39,715 (4,028) 696,864 35,247 13,309 713,466 granted Net cash LIABILITIES Stock per share AND Plan. STOCKHOLDERS Those amounts 0.15 are 124,357 9,572119,954 EQUITY represented 0.35 as follows: 0.27 0.79 payable Interest of short-term expense investments (234) (23,411) (218) (39,978) (458) (47,849) 1,178 (218) (43,976) 860 liabilities Interest from Cost maturity of services of short-term revenue investments 719 199 11,489 732 195 14,983 1,388 380 24,979 1,401 s Net cash Net used General investing (loss) administrative 6,378 (9,236) (13,359) 6,369 (43,345) 12,786 (28,096) 12,625 (62,875) financing (loss) compensation portion per common expense share: 15,068 15,072 289 29,487 44,812 45,423 Other Repurchase liabilities Basic of common stock (0.20) (24,991) 0.14 (0.23) (24,991) 3,897 0.42 (105,085) 3,104 (2) Represents additional related payroll tax expenses incurred by Commvault when employees Debt issuance Diluted costs (0.20) 0.14 (94) (0.23) 0.40 (1,175) stockholders Weighted from equity average common compensation shares plans outsting: (3) tax Basic benefits stockholders for compensation 45,437 4,11445,437 598 45,361 5,899 696,864 effective 45,750 tax of approximately 37% in fiscal 2016 fiscal 2015. Net cash Diluted provided by (used in) financing 45,437 (14,614) 47,166 8,844 45,361(11,115) 47,536(92,356) shares compensation programs were excluded from the calculation of GAAP loss per share in the three six Net months decrease ended in cash cash equivalents 2015 because they would have (23,265) been anti-dilutive. (8,969) For (10,469) purposes of (93,159) non- GAAP cash equivalents per share at beginning the impact of period of dilutive options 350,469 shares has 373,543 been included. 337,673 457,733 cash equivalents at end of period 327,204 364,574 327,204 364,574 previous period applying these rates to foreign-denominated revenues in the corresponding period of Supplemental fiscal 2016. disclosures The difference of cash between flow information revenue calculated based on these foreign exchange rates Repurchase revenues of calculated common stock in accordance in accrued expenses with GAAP is listed as Adjustment 7,813 for currency impact 7,813 in the table
Three Six 2015 2015 software revenue reconciliation Consolidated Commvault Statements Systems, of Inc. GAAP software revenue Flows 57,567 114,060 (In thouss) Adjustment for currency Reconciliation impact Consolidated Condensed of GAAP Consolidated Statements to of Balance Income Financial Sheets (Loss) Measures 3,363 8,071 software revenue on a constant (In thouss, currency (In thouss) except basis (5) per share data) 60,930 122,131 Three Six Three Months Ended Six Months Ended 2015 2015 March 31, flows from operating Three Months Ended Six services revenue reconciliation 2015 2015 Net (loss) (9,236) 2015 2014 2015 2014 Adjustments financial to reconcile measures net reconciliation: provided Adjustment Software by operating for currency : impact 57,567 69,415 5,457 114,060 141,473 10,627 GAAP (loss) from operations (4,554) 10,904 (10,809) 29,118 Depreciation cash Services equivalents services amortization revenue on a constant currency basis 83,175 (5) 2,859 81,729 1,776 88,632 165,805 5,716 327,204 162,314176,432 337,673 compensation (1) 15,068 15,072 289 29,487 3,446 Short-term investments revenues 140,742 151,144 303,787 72,806 49,936 related payroll compensation tax expense on stock option 15,068 15,072 289 29,487 Trade accounts Cost receivable, of revenues: net Three Six Excess exercises tax benefits vesting from on restricted compensation stock awards (2) (4,114) 341 (598) 182 2015 (5,899) 660 86,367 (3,387) 2015117,716 Prepaid expenses Software other taxes from current operations assets 528 (3,081) 10,855 657 26,158 (142) 1,065 (4,527) 20,140 19,745 1,247 59,166 (465) 20,084 Changes tax Services assets in total operating net revenue assets reconciliation liabilities: current GAAP GAAP assets net (9,236) receivable 5,597 20,286 compensation (1) 15,068 15,072 289 29,487 Adjustment for currency other impact current assets 119,803(2,042) 1858(8,299) 8,820 238,379 (4,807) 262,574 18,698 (7,762) related exercises total revenues expenses: vesting on on restricted a constant stock currency awards basis (2) (5) 470 341 149,562 (307) 182 (400) 660 equipment net Sales payable provision marketing for taxes adjustment (3) 85,842 482 64483,697 (5,285) 118171,624 (7,774) (36) 138,064 164,008(11,890) Other assets Research liabilities net development 16,135 7,188 6,81715,835 10,209 16,465 32,913 (5,860) 12,639 875 6,992 (1,011) 37,383 6,804 Footnotes assets - Adjustments General revenue administrative 19,906(3,778) 18,742 9,815 39,715 (4,028) 696,864 35,247 13,309 713,466 granted Net cash LIABILITIES Stock per share AND Plan. STOCKHOLDERS Those amounts 0.15 are 124,357 9,572119,954 EQUITY represented 0.35 as follows: 0.27 0.79 payable Interest of short-term expense investments (234) (23,411) (218) (39,978) (458) (47,849) 1,178 (218) (43,976) 860 liabilities Interest from Cost maturity of services of short-term revenue investments 719 199 11,489 732 195 14,983 1,388 380 24,979 1,401 s Net cash Net used General investing (loss) administrative 6,378 (9,236) (13,359) 6,369 (43,345) 12,786 (28,096) 12,625 (62,875) financing (loss) compensation portion per common expense share: 15,068 15,072 289 29,487 44,812 45,423 Other Repurchase liabilities Basic of common stock (0.20) (24,991) 0.14 (0.23) (24,991) 3,897 0.42 (105,085) 3,104 (2) Represents additional related payroll tax expenses incurred by Commvault when employees Debt issuance Diluted costs (0.20) 0.14 (94) (0.23) 0.40 (1,175) stockholders Weighted from equity average common compensation shares plans outsting: (3) tax Basic benefits stockholders for compensation 45,437 4,11445,437 598 45,361 5,899 696,864 effective 45,750 tax of approximately 37% in fiscal 2016 fiscal 2015. Net cash Diluted provided by (used in) financing 45,437 (14,614) 47,166 8,844 45,361(11,115) 47,536(92,356) shares compensation programs were excluded from the calculation of GAAP loss per share in the three six Net months decrease ended in cash cash equivalents 2015 because they would have (23,265) been anti-dilutive. (8,969) For (10,469) purposes of (93,159) non- GAAP cash equivalents per share at beginning the impact of period of dilutive options 350,469 shares has 373,543 been included. 337,673 457,733 cash equivalents at end of period 327,204 364,574 327,204 364,574 previous period applying these rates to foreign-denominated revenues in the corresponding period of Supplemental fiscal 2016. disclosures The difference of cash between flow information revenue calculated based on these foreign exchange rates Repurchase revenues of calculated common stock in accordance in accrued expenses with GAAP is listed as Adjustment 7,813 for currency impact 7,813 in the table
Three Six 2015 2015 software revenue reconciliation Consolidated Commvault Statements Systems, of Inc. GAAP software revenue Flows 57,567 114,060 (In thouss) Adjustment for currency Reconciliation impact Consolidated Condensed of GAAP Consolidated Statements to of Balance Income Financial Sheets (Loss) Measures 3,363 8,071 software revenue on a constant (In thouss, currency (In thouss) except basis (5) per share data) 60,930 122,131 Three Six Three Months Ended Six Months Ended 2015 2015 March 31, flows from operating Three Months Ended Six services revenue reconciliation 2015 2015 Net (loss) (9,236) 2015 2014 2015 2014 Adjustments financial to reconcile measures net reconciliation: provided Adjustment Software by operating for currency : impact 57,567 69,415 5,457 114,060 141,473 10,627 GAAP (loss) from operations (4,554) 10,904 (10,809) 29,118 Depreciation cash Services equivalents services amortization revenue on a constant currency basis 83,175 (5) 2,859 81,729 1,776 88,632 165,805 5,716 327,204 162,314176,432 337,673 compensation (1) 15,068 15,072 289 29,487 3,446 Short-term investments revenues 140,742 151,144 303,787 72,806 49,936 related payroll compensation tax expense on stock option 15,068 15,072 289 29,487 Trade accounts Cost receivable, of revenues: net Three Six Excess exercises tax benefits vesting from on restricted compensation stock awards (2) (4,114) 341 (598) 182 2015 (5,899) 660 86,367 (3,387) 2015117,716 Prepaid expenses Software other taxes from current operations assets 528 (3,081) 10,855 657 26,158 (142) 1,065 (4,527) 20,140 19,745 1,247 59,166 (465) 20,084 Changes tax Services assets in total operating net revenue assets reconciliation liabilities: current GAAP GAAP assets net (9,236) receivable 5,597 20,286 compensation (1) 15,068 15,072 289 29,487 Adjustment for currency other impact current assets 119,803(2,042) 1858(8,299) 8,820 238,379 (4,807) 262,574 18,698 (7,762) related exercises total revenues expenses: vesting on on restricted a constant stock currency awards basis (2) (5) 470 341 149,562 (307) 182 (400) 660 equipment net Sales payable provision marketing for taxes adjustment (3) 85,842 482 64483,697 (5,285) 118171,624 (7,774) (36) 138,064 164,008(11,890) Other assets Research liabilities net development 16,135 7,188 6,81715,835 10,209 16,465 32,913 (5,860) 12,639 875 6,992 (1,011) 37,383 6,804 Footnotes assets - Adjustments General revenue administrative 19,906(3,778) 18,742 9,815 39,715 (4,028) 696,864 35,247 13,309 713,466 granted Net cash LIABILITIES Stock per share AND Plan. STOCKHOLDERS Those amounts 0.15 are 124,357 9,572119,954 EQUITY represented 0.35 as follows: 0.27 0.79 payable Interest of short-term expense investments (234) (23,411) (218) (39,978) (458) (47,849) 1,178 (218) (43,976) 860 liabilities Interest from Cost maturity of services of short-term revenue investments 719 199 11,489 732 195 14,983 1,388 380 24,979 1,401 s Net cash Net used General investing (loss) administrative 6,378 (9,236) (13,359) 6,369 (43,345) 12,786 (28,096) 12,625 (62,875) financing (loss) compensation portion per common expense share: 15,068 15,072 289 29,487 44,812 45,423 Other Repurchase liabilities Basic of common stock (0.20) (24,991) 0.14 (0.23) (24,991) 3,897 0.42 (105,085) 3,104 (2) Represents additional related payroll tax expenses incurred by Commvault when employees Debt issuance Diluted costs (0.20) 0.14 (94) (0.23) 0.40 (1,175) stockholders Weighted from equity average common compensation shares plans outsting: (3) tax Basic benefits stockholders for compensation 45,437 4,11445,437 598 45,361 5,899 696,864 effective 45,750 tax of approximately 37% in fiscal 2016 fiscal 2015. Net cash Diluted provided by (used in) financing 45,437 (14,614) 47,166 8,844 45,361(11,115) 47,536(92,356) shares compensation programs were excluded from the calculation of GAAP loss per share in the three six Net months decrease ended in cash cash equivalents 2015 because they would have (23,265) been anti-dilutive. (8,969) For (10,469) purposes of (93,159) non- GAAP cash equivalents per share at beginning the impact of period of dilutive options 350,469 shares has 373,543 been included. 337,673 457,733 cash equivalents at end of period 327,204 364,574 327,204 364,574 previous period applying these rates to foreign-denominated revenues in the corresponding period of Supplemental fiscal 2016. disclosures The difference of cash between flow information revenue calculated based on these foreign exchange rates Repurchase revenues of calculated common stock in accordance in accrued expenses with GAAP is listed as Adjustment 7,813 for currency impact 7,813 in the table
Three Six 2015 2015 software revenue reconciliation Consolidated Commvault Statements Systems, of Inc. GAAP software revenue Flows 57,567 114,060 (In thouss) Adjustment for currency Reconciliation impact Consolidated Condensed of GAAP Consolidated Statements to of Balance Income Financial Sheets (Loss) Measures 3,363 8,071 software revenue on a constant (In thouss, currency (In thouss) except basis (5) per share data) 60,930 122,131 Three Six Three Months Ended Six Months Ended 2015 2015 March 31, flows from operating Three Months Ended Six services revenue reconciliation 2015 2015 Net (loss) (9,236) 2015 2014 2015 2014 Adjustments financial to reconcile measures net reconciliation: provided Adjustment Software by operating for currency : impact 57,567 69,415 5,457 114,060 141,473 10,627 GAAP (loss) from operations (4,554) 10,904 (10,809) 29,118 Depreciation cash Services equivalents services amortization revenue on a constant currency basis 83,175 (5) 2,859 81,729 1,776 88,632 165,805 5,716 327,204 162,314176,432 337,673 compensation (1) 15,068 15,072 289 29,487 3,446 Short-term investments revenues 140,742 151,144 303,787 72,806 49,936 related payroll compensation tax expense on stock option 15,068 15,072 289 29,487 Trade accounts Cost receivable, of revenues: net Three Six Excess exercises tax benefits vesting from on restricted compensation stock awards (2) (4,114) 341 (598) 182 2015 (5,899) 660 86,367 (3,387) 2015117,716 Prepaid expenses Software other taxes from current operations assets 528 (3,081) 10,855 657 26,158 (142) 1,065 (4,527) 20,140 19,745 1,247 59,166 (465) 20,084 Changes tax Services assets in total operating net revenue assets reconciliation liabilities: current GAAP GAAP assets net (9,236) receivable 5,597 20,286 compensation (1) 15,068 15,072 289 29,487 Adjustment for currency other impact current assets 119,803(2,042) 1858(8,299) 8,820 238,379 (4,807) 262,574 18,698 (7,762) related exercises total revenues expenses: vesting on on restricted a constant stock currency awards basis (2) (5) 470 341 149,562 (307) 182 (400) 660 equipment net Sales payable provision marketing for taxes adjustment (3) 85,842 482 64483,697 (5,285) 118171,624 (7,774) (36) 138,064 164,008(11,890) Other assets Research liabilities net development 16,135 7,188 6,81715,835 10,209 16,465 32,913 (5,860) 12,639 875 6,992 (1,011) 37,383 6,804 Footnotes assets - Adjustments General revenue administrative 19,906(3,778) 18,742 9,815 39,715 (4,028) 696,864 35,247 13,309 713,466 granted Net cash LIABILITIES Stock per share AND Plan. STOCKHOLDERS Those amounts 0.15 are 124,357 9,572119,954 EQUITY represented 0.35 as follows: 0.27 0.79 payable Interest of short-term expense investments (234) (23,411) (218) (39,978) (458) (47,849) 1,178 (218) (43,976) 860 liabilities Interest from Cost maturity of services of short-term revenue investments 719 199 11,489 732 195 14,983 1,388 380 24,979 1,401 s Net cash Net used General investing (loss) administrative 6,378 (9,236) (13,359) 6,369 (43,345) 12,786 (28,096) 12,625 (62,875) financing (loss) compensation portion per common expense share: 15,068 15,072 289 29,487 44,812 45,423 Other Repurchase liabilities Basic of common stock (0.20) (24,991) 0.14 (0.23) (24,991) 3,897 0.42 (105,085) 3,104 (2) Represents additional related payroll tax expenses incurred by Commvault when employees Debt issuance Diluted costs (0.20) 0.14 (94) (0.23) 0.40 (1,175) stockholders Weighted from equity average common compensation shares plans outsting: (3) tax Basic benefits stockholders for compensation 45,437 4,11445,437 598 45,361 5,899 696,864 effective 45,750 tax of approximately 37% in fiscal 2016 fiscal 2015. Net cash Diluted provided by (used in) financing 45,437 (14,614) 47,166 8,844 45,361(11,115) 47,536(92,356) shares compensation programs were excluded from the calculation of GAAP loss per share in the three six Net months decrease ended in cash cash equivalents 2015 because they would have (23,265) been anti-dilutive. (8,969) For (10,469) purposes of (93,159) non- GAAP cash equivalents per share at beginning the impact of period of dilutive options 350,469 shares has 373,543 been included. 337,673 457,733 cash equivalents at end of period 327,204 364,574 327,204 364,574 previous period applying these rates to foreign-denominated revenues in the corresponding period of Supplemental fiscal 2016. disclosures The difference of cash between flow information revenue calculated based on these foreign exchange rates Repurchase revenues of calculated common stock in accordance in accrued expenses with GAAP is listed as Adjustment 7,813 for currency impact 7,813 in the table