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RECONCILIATION OF OPERATING EXPENSES TO NON-GAAP OPERATING EXPENSES
(Unaudited, in thousands) | ||||||||||||||||
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Three Months Ended
September 30, |
Nine Months Ended
September 30, | |||||||||||||||
| 2023 | 2022 | 2023 | 2022 | |||||||||||||
| Total operating expenses | $ | 127,975 | $ | 139,031 | $ | 397,829 | $ | 390,850 | ||||||||
| Adjustments to reconcile total operating expenses to non-GAAP total operating expenses: | ||||||||||||||||
| Stock-based compensation expense | (32,583 | ) | (41,811 | ) | (105,287 | ) | (122,032 | ) | ||||||||
| Amortization of purchased intangible assets | (33 | ) | (33 | ) | (99 | ) | (99 | ) | ||||||||
| Deferred compensation plan income (expense) | 1,280 | 1,210 | (3,793 | ) | 8,911 | |||||||||||
| Non-GAAP operating expenses | $ | 96,639 | $ | 98,397 | $ | 288,650 | $ | 277,630 | ||||||||
Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2023
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