Monolithic Power Systems Announces Results for the Second Quarter Ended June 30, 2021

RECONCILIATION OF OPERATING INCOME TO NON-GAAP OPERATING INCOME
(Unaudited, in thousands)

   Three Months Ended June 30,   Six Months Ended June 30, 
   2021   2020   2021   2020 
Total operating income $60,628  $27,955  $106,714  $58,941 
                 
Adjustments to reconcile total operating income to non-GAAP total operating income:                
Stock-based compensation expense  32,126   21,044   60,710   39,606 
Deferred compensation plan expense  2,152   4,032   3,272     377  
Non-GAAP operating income   $ 94,906     $ 53,031     $ 170,696     $ 98,924  



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