Monolithic Power Systems Announces Results for the Second Quarter Ended June 30, 2019
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RECONCILIATION OF OPERATING EXPENSES TO NON-GAAP OPERATING EXPENSES
(Unaudited, in thousands)
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Three Months Ended June 30, | | |
Six Months Ended June 30, | |
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2019 | | |
2018 | | |
2019 | | |
2018 | |
| Total operating expenses | | $ | 63,106 | | | $ | 52,682 | | | $ | 119,395 | | | $ | 102,141 | |
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| Adjustments to reconcile total operating expenses to non-GAAP total operating expenses: | | | | | | | | | | | | | | | | |
| Stock-based compensation expense | | | (22,046 | ) | | | (15,412 | ) | | | (37,526 | ) | | | (30,008 | ) |
| Deferred compensation plan expense | | | (772 | ) | | | (410 | ) | | | (2,571 | ) | | | (273 | ) |
| Non-GAAP operating expenses | | $ | 40,288 | | | $ | 36,860 | | | $ | 79,298 | | | $ | 71,860 | |
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