Monolithic power systems inc (MPWR)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income

118,414

108,839

104,040

106,080

109,593

105,268

89,701

81,775

72,582

65,203

69,706

60,437

56,622

52,720

46,255

43,083

39,784

35,172

33,923

33,942

32,440

35,495

34,134

30,324

29,417

22,898

15,647

14,158

15,260

15,756

17,961

17,513

14,403

13,301

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

15,940

14,867

14,070

13,475

12,811

12,311

13,067

13,868

14,812

16,101

16,224

15,864

15,398

14,674

13,847

13,564

13,482

13,783

13,920

13,922

13,569

13,130

12,888

12,749

12,633

12,160

11,426

10,590

9,857

9,332

9,048

8,810

8,646

8,732

0

0

0

(Gain) loss on disposal and sale of property and equipment, net

274

259

0

0

0

-

-

-

-

-

-

-

4

-57

281

281

281

339

0

0

0

-

-

-

-

-

-

-

-

-81

0

0

0

-

-

-

-

Amortization of premium on available-for-sale securities

-1,102

-729

-615

-761

-1,909

-1,353

-4,592

-3,789

-2,048

-1,976

1,894

1,661

1,355

1,019

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on deferred compensation plan investments

-1,879

3,806

1,426

2,067

1,746

-255

1,578

1,498

1,732

2,531

2,062

1,916

1,688

1,257

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Premium amortization and loss on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

320

373

416

443

0

0

0

-

-

-

-

-

-

-

-

(Gains) losses on investments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred taxes, net

2,868

-577

0

0

0

-

-

-

-

-

-

-

-

-5

54

54

53

42

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Amortization and loss on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Tax benefit from stock option transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Excess tax benefits from equity awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

901

869

1,007

1,268

562

27

0

0

0

Stock-based compensation expense

81,251

78,699

74,861

68,405

61,587

60,607

57,623

56,749

55,985

52,617

51,507

51,052

47,672

44,989

46,613

43,573

41,323

41,563

37,773

36,157

35,075

33,454

30,492

26,864

23,639

20,701

22,407

21,358

19,997

18,652

14,416

13,608

13,454

13,126

0

0

0

Changes in operating assets and liabilities:
Accounts receivable

-4,553

-2,512

-1,625

1,930

10,652

18,079

10,032

12,381

11,023

3,785

17,423

10,630

9,284

3,421

2,859

4,587

3,489

5,201

6,199

5,314

3,257

1,870

2,290

1,101

-611

4,347

395

-1,096

2,722

4,286

1,287

2,310

894

-3,250

0

0

0

Inventories

-11,042

-8,865

-1,190

14,663

30,641

37,060

36,907

36,239

33,328

27,795

29,185

22,723

16,231

8,323

3,354

4,939

8,892

22,210

25,720

23,714

13,528

1,142

20,257

17,203

10,523

7,606

-11,366

13,214

10,611

12,004

15,978

-4,733

1,577

5,699

0

0

0

Other assets

18,689

10,204

6,259

134

-1,303

1,075

758

-1,787

886

-1,603

-1,544

1,771

12,305

11,021

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

2,210

1,778

2,230

-121

-497

-293

238

456

-546

-1,037

-425

-673

0

0

0

Accounts payable

5,455

3,048

2,066

-8

1,793

871

4,056

-1,646

2,006

3,077

4,769

6,062

7,068

5,483

2,315

2,636

-3,413

147

1,313

3,351

7,476

1,632

4,140

351

363

1,440

-427

-1,101

-1,209

754

676

2,893

1,842

-957

0

0

0

Accrued compensation and related benefits

118

7,496

6,296

7,827

6,631

3,806

5,693

767

1,827

2,397

1,129

483

1,155

3,136

2,168

3,241

2,424

1,068

7,948

-1,250

-2,853

-1,290

-96

2,472

3,450

2,691

745

-949

147

-1,633

-708

3,015

981

489

0

0

0

Accrued liabilities

-

-

-

-

-

-

-

8,214

13,448

10,852

11,003

10,443

10,093

8,035

10,096

7,904

6,947

9,942

3,937

4,660

8,710

-3,102

5,772

5,419

1,787

12,149

1,740

677

-2,415

-2,097

-396

-2,727

2,116

-438

0

0

0

Income tax liabilities

170

-1,355

209

-1,250

7,668

6,923

28,626

30,815

27,864

29,347

2,746

2,848

2,438

3,165

3,754

3,271

3,785

3,998

2,465

740

-99

-248

-500

1,357

650

86

7

1,173

1,382

1,476

2,891

609

436

-169

0

0

0

Net cash provided by operating activities

228,886

216,303

202,907

182,634

163,995

141,451

147,234

128,761

128,221

133,821

111,447

110,688

100,808

107,786

101,124

90,255

82,925

69,736

65,935

59,894

77,829

74,133

84,045

76,057

65,967

60,686

41,700

34,837

25,397

24,912

26,716

34,463

41,674

43,685

0

0

0

Cash flows from investing activities:
Purchases of property and equipment

47,382

95,806

91,598

87,166

73,502

22,526

58,719

58,240

69,746

65,770

33,184

38,962

35,190

37,112

36,650

28,047

16,667

16,024

10,191

10,208

9,698

9,511

8,070

10,921

16,845

15,764

17,748

18,676

19,619

21,059

20,962

28,935

22,841

21,022

0

0

0

Acquisition of in-place leases

0

981

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of short-term investments

314,128

212,562

119,587

53,743

51,634

99,199

124,278

114,135

116,107

140,531

192,131

224,306

242,098

236,912

197,422

199,359

230,204

223,018

208,817

179,977

154,512

136,872

164,088

171,929

150,143

125,756

89,759

96,705

111,269

143,094

146,698

142,067

111,697

78,250

0

0

0

Proceeds from maturities and sales of short-term investments

155,122

135,801

124,266

116,071

106,144

109,131

99,503

86,752

83,165

77,502

144,289

177,234

211,391

223,344

199,257

185,506

192,513

189,549

181,564

162,751

156,428

149,291

128,752

126,402

91,702

85,700

104,715

111,465

131,433

135,183

107,169

104,518

111,189

129,719

0

0

0

Proceeds from sales of long-term investments

350

250

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,025

4,175

4,175

2,175

2,100

-4,125

-5,775

-3,825

-5,775

0

0

0

Proceeds from sales of property and equipment

7,813

9,268

0

0

0

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contributions to deferred compensation plan, net

2,564

3,082

4,547

4,670

3,802

4,146

4,533

4,578

5,328

5,261

4,856

5,017

5,249

5,046

6,903

6,892

6,898

8,044

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-200,789

-167,112

-81,054

-26,958

-20,319

-14,740

-88,027

-90,201

-108,019

-134,060

-85,882

-91,051

-71,143

-55,726

-41,378

-48,452

-60,916

-57,197

-36,724

-40,088

-22,233

-9,367

-58,076

-57,373

-73,815

-54,324

-2,597

-3,871

2,603

-26,837

-56,812

-60,696

-19,524

36,222

0

0

0

Cash flows from financing activities:
Property and equipment purchased on extended payment terms

952

683

0

0

0

-

-

-

-

250

400

400

550

300

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

0

105

-

282

433

941

1,344

2,059

2,104

6,916

7,744

8,414

9,998

7,679

11,941

15,626

30,316

33,592

37,877

33,811

22,233

19,244

13,390

12,596

7,776

5,155

4,697

0

0

0

Proceeds from common stock issued under the employee equity incentive plan

18,025

16,650

15,514

14,399

13,227

10,637

9,834

8,859

7,943

150

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from common stock issued under the employee stock purchase plan

3,542

3,277

3,277

3,093

3,092

3,028

3,028

2,881

2,882

2,701

2,701

2,560

2,560

2,463

2,463

2,391

2,391

2,227

2,227

2,146

2,146

2,078

2,078

2,031

2,031

2,145

2,145

1,983

1,983

1,852

1,852

1,881

1,881

1,773

0

0

0

Repurchase of common shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,286

39,957

35,531

40,245

41,198

0

0

0

-

-

-

-

-

-

-

-

38,472

0

0

0

Dividends and dividend equivalents paid

71,960

67,294

61,735

56,792

51,897

47,475

43,043

38,578

34,086

33,926

33,729

33,434

33,304

33,099

32,746

32,603

32,080

29,965

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from equity awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

901

869

717

320

-308

27

0

0

0

Net cash used in financing activities

-51,345

-48,050

-43,897

-40,111

-36,353

-34,559

-30,310

-26,908

-23,306

-31,325

-30,759

-29,737

-28,888

-28,127

-26,290

-38,924

-39,026

-46,652

-53,079

-46,529

-48,327

-39,227

-34,538

-12,871

2,961

18,850

-7,647

-11,346

-13,536

-19,553

15,165

9,977

-18,034

-31,975

0

0

0

Effect of change in exchange rates

-3,638

-883

-2,662

-1,626

-1,575

-2,208

-2,227

309

2,302

1,625

141

-832

-1,762

-2,093

-593

-1,701

-1,141

-1,293

-1,328

-272

-188

-486

-65

315

485

897

743

471

92

211

206

215

553

429

0

0

0

Net increase (decrease) in cash, cash equivalents and restricted cash

-26,886

258

75,294

113,939

105,748

89,944

26,670

11,961

-802

-29,939

-5,053

-10,932

-985

21,840

32,863

1,178

-18,158

-35,406

-25,196

-26,995

7,081

25,053

-8,634

6,128

-4,402

26,109

32,199

20,091

14,556

-21,267

-14,725

-16,041

4,669

48,361

0

0

0

Cash paid for taxes and interest

10,586

10,700

10,218

10,418

4,153

7,134

8,152

5,920

5,773

3,619

2,246

2,105

2,105

1,234

1,095

2,279

3,429

3,322

3,324

2,357

1,260

1,235

1,250

1,168

1,009

1,116

922

965

1,006

807

826

717

700

675

0

0

0

Non-cash investing and financing activities:
Liability accrued for property and equipment purchases

0

7,803

2,071

1,826

0

1,737

7,412

5,026

4,344

3,061

874

1,289

1,155

787

1,378

1,975

1,502

2,184

1,707

1,557

2,564

1,487

643

-1,192

-1,844

1,941

2,122

1,058

2,859

1,728

2,708

5,370

1,118

1,483

0

0

0

Temporary impairment of auction-rate securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0