Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2020
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RECONCILIATION OF OPERATING INCOME TO NON-GAAP OPERATING INCOME |
| (Unaudited, in thousands) |
| |
| | |
Three Months Ended
September 30, | | |
Nine Months Ended
September 30, | |
| | |
2020 | | |
2019 | | |
2020 | | |
2019 | |
| Total operating income | | $ | 59,979 | | | $ | 30,032 | | | $ | 118,920 | | | $ | 71,868 | |
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| Adjustments to reconcile total operating income to non-GAAP total operating income: | | | | | | | | | | | | | | | | |
| Stock-based compensation expense | | | 22,975 | | | | 21,300 | | | | 62,581 | | | | 60,019 | |
| Amortization of acquisition-related intangible assets | | | - | | | | 8 | | | | - | | | | 110 | |
| Deferred compensation plan expense | | | 1,946 | | | | 12 | | | | 2,322 | | | | 2,584 | |
| Non-GAAP operating income | | $ | 84,900 | | | $ | 51,352 | | | $ | 183,823 | | | $ | 134,581 | |
