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RECONCILIATION OF OPERATING INCOME TO NON-GAAP OPERATING INCOME
(Unaudited, in thousands) | ||||||||||||||||
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Three Months Ended
September 30, |
Nine Months Ended
September 30, | |||||||||||||||
| 2022 | 2021 | 2022 | 2021 | |||||||||||||
| Total operating income | $ | 151,871 | $ | 77,131 | $ | 389,893 | $ | 183,845 | ||||||||
| Adjustments to reconcile total operating income to non-GAAP total operating income: | ||||||||||||||||
| Stock-based compensation expense | 42,997 | 31,572 | 125,723 | 92,282 | ||||||||||||
| Amortization of purchased intangible assets | 33 | 11 | 99 | 11 | ||||||||||||
| Deferred compensation plan expense (income) | (1,205 | ) | (324 | ) | (8,957 | ) | 2,948 | |||||||||
| Non-GAAP operating income | $ | 193,696 | $ | 108,390 | $ | 506,758 | $ | 279,086 | ||||||||
Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2022
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