| Reported Basis (GAAP) Financials |
Reported Basis (GAAP) financial statements are prepared using generally accepted accounting principles (GAAP) and include non-recurring items.
Financial Statements
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| Reconciliations |
Lam believes the presentation of ongoing results, which excludes certain special items, is useful for analyzing the business because it enables comparisons for ongoing operations by removing the effects of expense recognition connected with our outsourcing strategy and consolidation.
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