Year 1 definition
Examples of Year 1 in a sentence
For example, if the Non-GAAP Operating Income Margin Payout Percent for Year 1 is 100%, the Non-GAAP Operating Income Margin Payout Percent for Year 2 is 200% and the Non-GAAP Operating Income Margin Payout Percent for Year 3 is 150%, then the Average Non-GAAP Operating Income Margin Payout Percent would be 150% (equal to 450% divided by 3).
For illustration: if the Revenue Growth Rate achieved in Year 1 is [ ]% (A), then B is equal to -1.00% (equal to [ ]% minus [ ]%), C is 15 and the Revenue Growth Rate Payout Percent for Year 1 would be 93.33% (equal to {[1+(-1.00/15)]*100}).
B = A less the Target Non-GAAP Operating Income Margin of the measurement year C = the Scaling for the nearest Achievement Level actually met or surpassed by A For illustration: if the Non-GAAP Operating Income Margin achieved in Year 1 is [ ]% (A), then B is equal to -1.00% (equal to [ ]% minus [ ]%), C is 15 and the Non-GAAP Operating Income Margin Payout Percent for Year 1 would be 93.33% (equal to {[1+(-1.00/15)]*100}).