(1)

(2)
(3)

!"#$% '( )'*!%*!+

Year ended December 31,
2013 2012
(in thousands)
BaIance Sheet Data
Cash, Cash Equivalents, Short Term Deposits and
Marketable Securities $ 124,284 $ 60,940
nventories 11,354 9,275
Long-Term Assets 12,997 9,681
Total Assets $ 168,228 $ 89,994
Long-Term Liabilities 9,715 7,118
Accumulated Deficit (100,887) (120,807)
Total Shareholders' Equity 142,638 71,568
Year ended December 31,
2013 2012 2011
(in thousands)
Other FinanciaI Data
Net ncome (Loss) Before Share-Based Compensation
(3)
$ 33,051 $ 1,802 $ (12,268)
12
Prior to this offering and the Share Recapitalization, our issued share capital has been composed of Class A
ordinary shares (with no liquidation preference), ordinary shares (with liquidation preference), Class B, C, D, E,
F1 and F2 Shares, all at EUR 0.01 par value. The only class of outstanding shares without a liquidation
preference is the Class A ordinary shares. Therefore, under U.S. GAAP, earnings per share must be computed
based on the outstanding Class A ordinary shares. Basic and diluted loss per share has been restated as
described in Note 2(x) to our consolidated financial statements included elsewhere in this prospectus. For
additional information, see Notes 8 and 9 to our consolidated financial statements included elsewhere in this
prospectus and see "Management's Discussion and Analysis of Financial Condition and Results of Operations
Comparison of Results of Operations for 2013, 2012 and 2011 Earnings Per Share.
The pro forma earnings per share calculation for the year ended December 31, 2013 assumes the conversion
of all outstanding shares (including Class A ordinary shares) to ordinary shares with no liquidation preferences
on a one-to-one basis as set forth in our articles of association. See Note 9 to our consolidated financial
statements included elsewhere in this prospectus.
We prepare this non-GAAP measure to eliminate the impact of items that we do not consider indicative of our
overall operating performance. To arrive at our non-GAAP net income (loss), we exclude share-based
compensation expense from our GAAP net income (loss). We believe that this non-GAAP measure is useful to
investors in evaluating our operating performance for the following reasons:
We believe that elimination of share-based compensation expense is appropriate because treatment of
this item may vary for reasons unrelated to our overall operating performance;
We use this non-GAAP measure in conjunction with our GAAP financial measure for planning purposes,
including the preparation of our annual operating budget, as a measure of operating performance and the
effectiveness of our business strategies and in communications with our board of directors concerning
our financial performance;
We believe that this non-GAAP measure provides better comparability with our past financial
performance, facilitates better period-to-period comparisons of operational results and may facilitate
comparisons with similar companies, many of which may also use similar non-GAAP financial measures
to supplement their GAAP reporting; and
We anticipate that, after consummating this offering, our investor presentations and those of securities
analysts will include non-GAAP measures to evaluate our overall operating performance.
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