Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2020


RECONCILIATION OF OPERATING EXPENSES TO NON-GAAP OPERATING EXPENSES
(Unaudited, in thousands)
 
   Three Months Ended
September 30,
   Nine Months Ended
September 30,
 
   2020   2019   2020   2019 
Total operating expenses $83,061  $63,126  $218,160  $182,521 
                 
Adjustments to reconcile total operating expenses to non-GAAP total operating expenses:                
Stock-based compensation expense  (22,268)  (20,659)  (60,675)  (58,185)
Deferred compensation plan (expense) income  (1,701)  13    (1,672 )     (2,558 )
Non-GAAP operating expenses   $ 59,092     $ 42,480     $ 155,813     $ 121,778  

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