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