COMPARATIVE HISTORICAL AND UNAUDITED PRO FORMA PER SHARE DATA
The following tables set forth:
| • | historical per share information of Denali for the fiscal year ended January 29, 2016; |
| • | historical per share information of EMC for the fiscal year ended December 31, 2015; and |
| • | unaudited pro forma per share information of the combined company for the fiscal year ended January 29, 2016 after giving effect to the transactions contemplated by the merger agreement and the anticipated disposition of Dell Services. |
The pro forma net income and cash dividends per share information reflects the transactions contemplated by the merger agreement as if they had occurred on January 31, 2015.
This information is based on, and should be read together with, the selected historical financial information, the unaudited pro forma condensed combined financial information and the historical financial statements of Denali included in this proxy statement/prospectus and the historical financial information that EMC has presented in its filings with the SEC that are incorporated herein by reference. See the section entitled “Where You Can Find More Information” for information on how you can obtain copies of EMC’s incorporated SEC filings or access them via the Internet. The unaudited pro forma combined per share data are presented for illustrative purposes only and are not necessarily indicative of actual or future financial position or results of operations that would have been realized if the merger had been completed as of the dates indicated or will be realized upon the completion of the merger.
Fiscal Years
| Denali (Fiscal Year Ended January 29, 2016) |
EMC (Fiscal Year Ended December 31, 2015) |
DHI Group Unaudited Pro Forma Combined (Fiscal Year Ended January 29, 2016) (unaudited) |
Class V Group Unaudited Pro Forma Combined (Fiscal Year Ended January 29, 2016) (unaudited) |
|||||||||||||
| Net income (loss) per common share, basic |
$ | (2.73) | $ | 1.02 | $ | (7.32 | ) | $ | 2.35 | |||||||
| Net income (loss) per common share, diluted |
$ | (2.73) | $ | 1.01 | $ | (7.32 | ) | $ | 2.34 | |||||||
| Cash dividends per share |
$ | — | $ | 0.46 | $ | — | $ | — | ||||||||
| Book value per share |
$ | 3.88 | $ | 11.69 | ||||||||||||
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