Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2022


RECONCILIATION OF OPERATING INCOME TO NON-GAAP OPERATING INCOME
(Unaudited, in thousands)
 
   Three Months Ended
September 30,
   Nine Months Ended
September 30,
 
   2022   2021   2022   2021 
Total operating income $151,871  $77,131  $389,893  $183,845 
                 
Adjustments to reconcile total operating income to non-GAAP total operating income:                
Stock-based compensation expense  42,997   31,572   125,723   92,282 
Amortization of purchased intangible assets  33   11   99   11 
Deferred compensation plan expense (income)  (1,205)  (324)  (8,957)  2,948 
Non-GAAP operating income $193,696  $108,390  $506,758  $279,086 
                               

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