From the transcript: We currently expect our non-GAAP net income to be in the range of $20.9 million to $21.4 million, or $0.41 to $0.42 per diluted share for the fourth quarter, which assumes 51 million diluted shares outstanding and a non-GAAP tax rate in the low single-digit percentage range. Our diluted shares outstanding reflect the impact of the increase of our share price in recent quarters. Please note that our guidance does not reflect any incremental cost savings we may realize if we are successful in repricing of First Lien Credit Facility, nor does it incorporate any one-time transaction cost.
More from the transcipt: As it relates to the full year, we expect revenue in the range of $489.2 million to $490.7 million. We now expect to generate non-GAAP net income in the approximate range of $78.1 million to $78.6 million, or $1.55 to $1.56 per diluted share, which exceeds the high end of our previous guidance of $75.5 million to $78 million, and $1.50 to $1.55, respectively. This assumes a share count of 50.4 million, cash taxes for 2012 continuing to be in the low single-digit range, and no impact from any potential debt repricing including any onetime transaction cost. We continue to expect our adjusted EBITDA margin to be in the 30% range for the full year of 2012.
GAAP stands for Generally Accepted Accounting Principles. Non-GAAP means that the financial statements or financial measures have been prepared on a basis other than those generally accepted.
Read=Total revenue, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $105.8 million for the third quarter of 2012, compared to $43.9 million for the third quarter of 2011. Non-GAAP revenue, which adds back the impact of the fair value adjustment to acquired deferred revenue, was $124.2 million for the third quarter of 2012, above the company's guidance range of $122 million to $124 million.