MAGNACHIP SEMICONDUCTOR CORPORATION AND SUBSIDIARIES
| ||||||||||||||||||||
|
| ||||||||||||||||||||
|
|
| Three Months Ended |
|
| Year Ended |
| ||||||||||||||
|
| December 31, |
| September 30, |
| December 31, |
| December 31, |
| December 31, |
| ||||||||||
|
| 2021 |
| 2021 |
| 2020 |
| 2021 |
| 2020 |
| ||||||||||
Operating income |
| $ | 63,870 |
|
| $ | 20,001 |
|
| $ | 9,206 |
|
| $ | 83,407 |
|
| $ | 27,016 |
|
Adjustments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity-based compensation expense |
|
| 1,648 |
|
|
| 2,005 |
|
|
| 1,945 |
|
|
| 7,704 |
|
|
| 6,311 |
|
Inventory reserve related to Huawei impact of downstream trade restrictions |
|
| (379) |
|
|
| (1,081) |
|
|
| (871) |
|
|
| (1,460) |
|
|
| 1,460 |
|
Expenses related to Fab 3 power outage |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| 1,168 |
|
Merger-related costs (income), net |
|
| (49,369) |
|
|
| 1,552 |
|
|
| 653 |
|
|
| (35,527) |
|
|
| 653 |
|
Early termination and other charges, net |
|
| (1,349) |
|
|
| 214 |
|
|
| 4,422 |
|
|
| 2,011 |
|
|
| 4,976 |
|
Adjusted operating income |
| $ | 14,421 |
|
| $ | 22,691 |
|
| $ | 15,355 |
|
| $ | 56,135 |
|
| $ | 41,584 |
|
|
Magnachip Reports Results for Fourth Quarter and Year 2021
|
|
||||||
|
|
|||||||
|
|||||||
