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The Company Reports Its - CIBER INC - 8-8-2006

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The Company Reports Its - CIBER INC - 8-8-2006 Powered By Docstoc
					  

                                                                                                                                                                                                                                                                                                                                            Exhibit 99.1

                                           CIBER, Inc. and Subsidiaries
                               Reconciliation of Non-GAAP Financial Measures
                                                (Dollars in thousands)
                                                     (Unaudited)
                                                             
The Company reports its financial results in accordance with generally accepted accounting principles
(“GAAP”).  However, management believes that certain non-GAAP financial measures used in managing the
Company’s business may provide users of this financial information with additional meaningful comparisons
between current results and prior reported results.  Certain of the information set forth in this Quarterly Report on 
Form 10-Q constitutes non-GAAP financial measures within the meaning of Regulation G adopted by the
Securities and Exchange Commission.  We have presented below a reconciliation of these measures to the most 
directly comparable GAAP financial measure.  The presentation of this additional information is not meant to be 
considered in isolation or as a substitute for comparable amounts determined in accordance with GAAP in the
United States.

Organic Revenue Growth

Organic revenue growth is a useful measure of the Company’s performance because it excludes items that: 1) are
not completely under management’s control, such as the impact of foreign currency exchange; or 2) do not reflect
the underlying growth of the Company, such as acquisition and divestiture activity.  It is also a component of the 
Company’s compensation programs.  The limitation of this measure is that it excludes items that have an impact 
on the Company’s revenue.  This limitation is best addressed by using organic revenue growth in combination 
with the GAAP numbers.

The following tables reconcile 2006 organic revenue growth for the three months ended June 30, 2006 by
segment to the most comparable GAAP measure, reported revenue growth by segment.
                                                                            

                                                                                   Commercial Solutions                                                                                                                                                     

                                                                                                                                                                                                                                                                       Federal Government Solutions                                                                                                                                                          




                                                                                                       %                                                                                                                                                                                       %
                                                                            

                                                                               Q2 2005  Q2 2006  Change                                                                                                                                                     

                                                                                                                                                                                                                                                                       Q2 2005   Q2 2006  
                                                                                                                                                                                                                                                                                            Change
                                                                                                                                                                                                                                                                                                                                                                                                                                                             




GAAP total revenue                                                
                                                                               $88,604 $90,672                                                                                                           
                                                                                                                                                                                                                        2.3%$41,733 $34,640                                                                                                                                   
                                                                                                                                                                                                                                                                                                                                                                                                                         (17.0)%
Less: Divestiture activity                                        
                                                                                (5,000)     —                                                                                
                                                                                                                                                                                                                        —        —                                                                                                                                                                                                      




Less: Acquisition activity                                        
                                                                                    —     (225 )            
                                                                                                                                                                                                                        —        —                                                                                                                                                                                                      




Organic total revenue                                             
                                                                               $83,604 $90,447                                                                                                           
                                                                                                                                                                                                                        8.2%$41,733 $34,640                                                                                                                                   
                                                                                                                                                                                                                                                                                                                                                                                                                         (17.0)%
  
                                                                       


                                                                                State & Local Govt. Solutions                                                                                                                                                       


                                                                                                                                                                                                                                                                             Package Solutions                                                                                                                                                                    




                                                                                                          %                                                                                                                                                                                                                                                                                                                %
                                                                       


                                                                               Q2 2005    Q2 2006      Change                                                                                                                                                       


                                                                                                                                                                                                                                                                       Q2 2005                                   


                                                                                                                                                                                                                                                                                                                                Q2 2006                                                       

                                                                                                                                                                                                                                                                                                                                                                                                                         Change                                   




GAAP total revenue                                        
                                                                               $30,787 $36,154                                                                                                                       
                                                                                                                                                                                                                        17.4%$26,350 $30,335                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                                                                                                                                           15.1%
Less: Divestiture activity                                
                                                                                    —       —                                                                                            
                                                                                                                                                                                                                          —       —                                                                                                                                                                                                                  




Less: Acquisition activity                                
                                                                                    —       —                                                                                            
                                                                                                                                                                                                                          —       —                                                                                                                                                                                                                  




Organic total revenue                                     
                                                                               $30,787 $36,154                                                                                                                       
                                                                                                                                                                                                                        17.4%$26,350 $30,335                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                                                                                                                                           15.1%
  
                                                                  


                                                                                   European Operations                                                                                                                                              


                                                                                                                                                                                                                                                                            CIBER Consolidated                                                                                                                                                                    




                                                                                                                                                                                                                  %                                                                                                                                                                                                        %
                                                                  


                                                                               Q2 2005                          


                                                                                                                                                     Q2 2006                                 

                                                                                                                                                                                                                Change                              


                                                                                                                                                                                                                                                                       Q2 2005                              


                                                                                                                                                                                                                                                                                                                                Q2 2006                                                               

                                                                                                                                                                                                                                                                                                                                                                                                                         Change                                   




GAAP total revenue                                   
                                                                               $54,059 $58,925                                                                                                               
                                                                                                                                                                                                                        9.0%$240,955 $249,968                                                                                                                                                                         
                                                                                                                                                                                                                                                                                                                                                                                                                            3.7%
Add: Effect of foreign currency translation          
                                                                                    —     
                                                                                           155
                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                    —       155                                                                                                                                                                                                      




Less: Divestiture activity                           
                                                                                    —     
                                                                                            —                                                                                                                                   
                                                                                                                                                                                                                                (5,000)
                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                             —                                                                                                                                                                                                       




Less: Acquisition activity                           
                                                                                    — (1,000)
                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                    —    (1,225)                                                                                                                                                                                                     




Organic total revenue                                
                                                                               $54,059 $58,080                                                                                                               
                                                                                                                                                                                                                        7.4 % $235,955 $248,898                                                                                                                                                                       
                                                                                                                                                                                                                                                                                                                                                                                                                            5.5 %
  
  

The following tables reconcile 2006 organic revenue growth for the six months ended June 30, 2006 by segment
to the most comparable GAAP measure, reported revenue growth by segment.

  
                                                                                


                                                                                               Commercial Solutions                                                                                                                                  


                                                                                                                                                                                                                                                        Federal Government Solutions                                                                                                                                            




                                                                                            YTD        YTD           %                                                                                                                                   YTD        YTD         %
                                                                                

                                                                                            2005      2006        Change                                                                                                                             

                                                                                                                                                                                                                                                         2005       2006     Change                                                                                                                                             




GAAP total revenue                                              
                                                                                        $176,995 $179,679                                                                                      
                                                                                                                                                                                                   1.5%$83,932 $71,152                                                                                                                                                   
                                                                                                                                                                                                                                                                                                                                                                                             (15.2)%
Less: Divestiture activity                                      
                                                                                         (12,000)      —                                                             
                                                                                                                                                                                                            —       —                                                                                                                                                                                      




Less: Acquisition activity                                      
                                                                                              —      (239)          
                                                                                                                                                                                                            —       —              
                                                                                                                                                                                                                                                                                                                                       
                                                                                                                                                                                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                                                                                                                           




Organic total revenue                                           
                                                                                        $164,995 $179,440                                                                                      
                                                                                                                                                                                                   8.8%$83,932 $71,152                                                                                                                                                   
                                                                                                                                                                                                                                                                                                                                                                                             (15.2)%
  
                                                                                        

                                                                                            State & Local Govt. Solutions                                                                                                                       

                                                                                                                                                                                                                                                                Package Solutions                                                                                                                                                    




                                                                                            YTD         YTD           %                                                                                                                                 YTD           YTD          %
                                                                                        
                                                                                            2005       2006        Change
                                                                                                                                                                                                                                                
                                                                                                                                                                                                                                                        2005          2006       Change                                                                                                                                              




GAAP total revenue                                                          
                                                                                           $61,957 $69,051                                                                         
                                                                                                                                                                                                  11.4%$51,251 $58,897                                                                                                                                                            
                                                                                                                                                                                                                                                                                                                                                                                              14.9%
Less: Divestiture activity                                                  
                                                                                                —       —                                           
                                                                                                                                                                                                            —       —                                                                                                                                                                                                   




Less: Acquisition activity                                                  
                                                                                                —       —                                           
                                                                                                                                                                                                            —       —         
                                                                                                                                                                                                                                                                                                                                           
                                                                                                                                                                                                                                                                                                                                                                                                                   
                                                                                                                                                                                                                                                                                                                                                                                                                        




Organic total revenue                                                       
                                                                                           $61,957 $69,051                                                                         
                                                                                                                                                                                                  11.4%$51,251 $58,897                                                                                                                                                            
                                                                                                                                                                                                                                                                                                                                                                                              14.9%
  
                                                           

                                                                                              European Operations                                                                                                         

                                                                                                                                                                                                                                                               CIBER Consolidated                                                                                                                                                    




                                                                                           YTD         YTD         %                                                                                                                                    YTD           YTD          %
                                                           
                                                                                           2005       2006     
                                                                                                                Change                                                                                                    
                                                                                                                                                                                                                                                        2005          2006       Change
                                                                                                                                                                                                                                                                                                                                                                                                                                     




GAAP total revenue                                 
                                                                       $107,502 $114,312                                                                                      
                                                                                                                                                                                                  6.3%$480,520 $491,711                                                                                                                                                                   
                                                                                                                                                                                                                                                                                                                                                                                               2.3%
Add: Effect of foreign currency translation        
                                                                             —     4,532                                                                                                                      
                                                                                                                                                                                                              —     4,532                                                                                                                                                                                               




Less: Divestiture activity                         
                                                                             —        —                                                                                                              
                                                                                                                                                                                                         (12,000)
                                                                                                                                                                                                              
                                                                                                                                                                                                                       —                                                                                                                                                                                                




Less: Acquisition activity                         
                                                                             —    (1,000 )             
                                                                                                                                                                                                         
                                                                                                                                                                                                              
                                                                                                                                                                                                              —    (1,239 )                                                
                                                                                                                                                                                                                                                                                                                                                                                                                   
                                                                                                                                                                                                                                                                                                                                                                                                                        




Organic total revenue                              
                                                                       $107,502 $117,844                                                                                      
                                                                                                                                                                                                  9.6 % $468,520 $495,004                                                                                                                                                                 
                                                                                                                                                                                                                                                                                                                                                                                               5.7 %
  

  

				
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