Power integrations, inc. (POWI)
Balance Sheet / Quarterly
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'11Dec'10Sep'10Jun'10Dec'09
ASSETS
CURRENT ASSETS:
Cash and cash equivalents

190,459

178,690

80,162

99,491

125,795

134,137

148,551

148,187

121,327

93,655

50,700

32,649

46,335

62,134

95,890

105,343

94,735

90,092

59,735

75,941

85,637

60,708

60,720

79,060

83,967

92,928

78,118

85,426

69,489

63,394

74,747

73,360

147,155

139,836

148,578

170,494

137,694

155,667

164,083

159,775

134,974

Accounts receivable, net

20,597

24,274

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

-

Short-term marketable securities

232,183

232,398

164,649

130,275

92,901

94,451

99,766

98,494

136,370

189,236

213,042

221,346

203,753

188,323

130,673

96,891

90,419

83,769

91,222

94,944

87,560

114,575

153,144

133,354

133,684

109,179

102,051

59,630

49,530

31,766

35,605

60,068

66,855

40,899

48,932

33,091

32,070

27,355

16,039

12,273

20,567

Accounts receivable, net of allowance for doubtful accounts of $763 and $706 in 2019 and 2018, respectively

-

-

25,819

25,468

20,545

11,072

13,742

6,843

17,727

16,798

17,192

18,697

15,046

6,528

14,679

14,010

11,294

7,818

11,061

13,212

12,631

10,186

10,381

16,443

16,421

12,389

15,101

15,772

14,739

7,326

11,106

17,966

16,696

9,396

10,330

8,070

13,314

5,713

7,925

18,282

21,756

Inventory, Net

96,633

90,380

88,710

89,197

85,080

80,857

74,201

68,824

63,208

57,087

55,158

52,432

51,149

52,564

49,941

46,749

45,665

51,934

55,439

64,231

65,009

64,025

56,958

51,269

47,934

42,235

40,212

43,199

43,708

44,625

46,928

48,555

42,851

52,010

51,763

54,069

63,004

62,077

49,120

35,724

26,248

Notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,000

4,750

-

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

38

39

39

2,103

2,011

2,059

2,059

344

344

349

352

892

893

890

892

1,440

1,437

1,434

1,435

1,452

1,474

1,389

Prepaid expenses and other current assets

20,570

15,597

15,316

15,571

16,798

11,915

12,573

10,619

11,003

7,758

10,831

16,902

16,770

8,715

7,372

6,478

7,295

6,790

5,780

9,444

11,458

16,379

8,773

13,590

17,027

18,632

15,557

12,097

13,296

17,401

17,659

7,758

6,222

7,068

6,864

9,572

8,217

9,263

6,279

7,144

10,941

Total current assets

560,442

541,339

374,656

360,002

341,119

332,432

348,833

332,967

349,635

364,534

346,923

342,026

333,053

318,264

298,555

269,471

249,408

240,403

223,312

257,810

262,334

265,912

292,079

295,727

301,092

277,422

251,383

216,468

191,111

164,864

186,937

208,600

280,669

250,101

267,907

276,733

255,733

261,510

249,898

239,672

215,875

LONG-TERM MARKETABLE SECURITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

32,041

25,022

30,043

36,815

31,760

44,023

56,609

40,100

PROPERTY AND EQUIPMENT, net

123,430

116,619

114,930

112,939

113,713

114,117

113,841

111,063

109,871

111,705

114,855

113,202

105,893

95,296

94,433

95,746

97,723

99,381

102,223

92,913

94,179

95,823

96,506

91,368

92,142

90,141

90,217

89,743

89,872

89,724

90,355

91,738

89,695

88,241

85,271

85,449

84,586

84,470

74,280

70,739

62,381

INTANGIBLE ASSETS, net

15,748

16,865

18,238

18,920

20,073

21,152

22,452

23,751

25,071

25,419

26,871

28,324

29,890

31,502

33,114

34,726

36,373

38,165

39,957

41,028

42,758

35,524

36,873

36,960

38,478

40,334

42,212

44,054

45,896

47,738

49,580

51,422

8,663

8,852

9,066

9,309

9,552

9,795

7,275

2,755

3,099

GOODWILL

91,849

91,849

91,849

91,849

91,849

91,800

91,849

91,849

91,849

91,849

91,849

91,849

91,849

91,849

91,849

91,849

91,849

91,849

91,849

91,849

91,849

80,599

80,599

80,599

80,599

80,599

80,599

80,599

80,599

80,599

78,278

77,354

14,786

14,786

14,786

14,826

14,826

14,826

8,041

1,824

1,824

DEFERRED TAX ASSETS

1,739

2,836

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

DEFERRED TAX ASSETS

-

-

5,564

5,184

5,733

6,906

3,673

3,181

2,506

2,364

19,086

19,328

19,857

11,342

11,064

11,342

11,779

11,843

10,647

11,025

11,265

11,562

9,472

8,904

5,686

9,449

15,263

14,425

14,034

11,532

7,410

7,120

12,716

12,387

12,637

12,593

13,022

13,421

14,280

13,796

14,590

OTHER ASSETS

34,231

34,388

31,173

31,495

28,018

22,241

23,779

25,216

25,502

25,203

24,899

6,809

8,118

6,157

6,273

6,372

5,664

5,896

5,502

4,894

4,789

4,243

3,887

4,031

3,332

3,476

3,965

4,608

5,137

4,673

4,042

43,380

43,724

26,511

25,799

25,355

22,439

17,288

5,550

6,686

6,698

Total assets

827,439

803,896

636,410

620,389

600,505

588,697

604,427

588,027

604,434

621,074

624,483

601,538

588,660

554,410

535,288

509,506

492,796

487,537

473,490

499,519

507,174

493,663

519,416

517,589

521,329

501,421

483,639

449,897

426,649

399,130

416,602

479,614

450,253

432,919

440,488

454,308

436,973

433,070

403,347

392,081

344,567

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable

37,156

27,433

30,542

35,985

33,432

31,552

34,469

26,518

30,991

33,211

38,474

30,124

37,478

29,727

30,117

24,367

19,862

21,660

23,370

30,792

23,907

21,980

24,777

22,802

23,600

20,772

20,267

21,347

19,743

16,452

19,697

21,108

15,165

16,532

17,318

14,173

13,932

20,291

16,505

23,109

16,944

Accrued payroll and related expenses

10,921

13,408

10,796

12,825

11,512

12,131

9,706

12,053

10,564

12,064

9,772

11,639

9,146

10,756

9,011

10,463

7,986

9,327

8,203

9,539

8,815

9,071

8,834

8,786

8,046

8,900

8,157

7,681

6,713

6,720

6,258

6,650

5,279

5,911

6,290

6,246

5,455

7,395

5,864

6,922

6,145

Taxes payable

567

584

597

579

706

933

1,311

1,254

2,183

1,767

1,227

1,072

877

729

251

247

3,326

3,620

2,022

2,237

2,930

2,963

2,753

2,054

1,768

2,266

2,128

1,476

1,444

1,213

1,168

37,936

-

0

1,759

354

-

-

1,220

251

478

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,985

2,085

2,187

2,193

1,103

1,110

1,325

943

885

748

687

1,193

1,634

1,961

-

0

-

-

-

-

-

-

-

Deferred income on sales to distributors

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,334

16,888

17,102

15,101

16,464

16,457

17,254

15,223

18,744

19,128

17,844

15,727

16,861

15,035

14,487

11,550

10,437

11,270

9,373

9,274

10,316

11,199

10,951

12,221

14,849

14,926

9,040

Accrued professional fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,631

-

Other accrued liabilities

5,826

9,051

7,717

5,945

5,271

3,750

5,019

4,588

4,427

4,009

4,895

3,858

3,409

2,734

3,427

2,548

2,217

2,285

3,182

3,381

3,834

3,730

2,224

1,701

1,698

1,810

2,661

2,650

4,022

3,439

17,583

2,514

2,661

2,305

2,613

2,367

2,918

9,548

3,496

850

3,309

Total current liabilities

54,470

50,476

49,652

55,334

50,921

48,366

50,505

44,413

48,165

51,051

54,368

46,693

50,910

43,946

59,140

54,513

50,493

51,993

55,226

64,491

58,927

55,160

58,435

55,581

54,281

50,418

50,959

48,937

47,096

40,567

56,777

81,439

32,478

34,022

38,296

34,339

33,256

49,455

41,934

48,689

35,916

LONG-TERM INCOME TAXES PAYABLE

14,840

14,617

9,309

9,006

8,789

8,652

17,952

17,635

18,138

18,259

2,817

2,805

2,804

2,639

2,666

2,666

2,695

2,511

746

746

746

743

2,722

2,397

2,612

6,885

8,916

8,665

8,484

7,937

7,560

7,364

35,190

34,368

33,805

32,040

30,676

29,580

27,457

26,188

23,859

DEFERRED TAX LIABILITIES

162

164

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

DEFERRED TAX LIABILITIES

-

-

152

153

204

216

52

55

140

138

538

615

688

820

1,002

1,004

1,141

1,291

3,752

3,928

4,059

4,272

4,397

4,647

4,991

5,273

7,404

7,646

7,948

8,179

3,926

4,185

-

0

-

-

-

-

-

-

-

OTHER LIABILITIES

14,137

14,093

11,969

12,031

9,290

4,391

4,786

4,095

4,159

3,944

4,501

4,422

4,115

3,921

3,422

3,315

3,246

3,123

2,569

2,673

2,960

2,812

2,229

2,301

2,267

2,159

-

-

-

1,398

-

-

-

-

-

-

-

-

-

-

-

PENSION LIABILITY

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,456

1,366

1,353

-

663

622

-

0

-

-

-

-

-

-

-

Total liabilities

83,609

79,350

71,082

76,524

69,204

61,625

73,295

66,198

70,602

73,392

62,224

54,535

58,517

51,326

66,230

61,498

57,575

58,918

62,293

71,838

66,692

62,987

67,783

64,926

64,151

64,735

68,735

66,614

64,881

58,081

68,926

93,610

67,668

68,390

72,101

66,379

63,932

79,035

69,391

74,877

59,775

COMMITMENTS AND CONTINGENCIES (Notes 11, 12 and 13)

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

STOCKHOLDERS’ EQUITY:
Preferred stock, $0.001 par value Authorized-3,000,000 shares Outstanding-None

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Common stock

28

28

28

28

28

28

28

28

29

29

29

29

29

28

28

28

28

28

28

29

29

29

29

30

30

30

30

29

29

28

29

29

28

28

28

29

29

28

28

28

27

Additional paid-in capital

162,343

152,117

143,554

134,443

127,769

126,164

148,696

152,380

175,352

198,384

192,074

189,259

182,235

172,875

162,820

151,806

146,655

145,366

136,422

161,089

178,816

171,938

203,076

216,337

234,667

223,660

215,404

198,375

187,984

175,668

188,587

181,203

168,918

158,646

166,007

191,549

185,834

175,295

162,764

157,354

150,021

Accumulated other comprehensive loss

-4,314

-3,130

-1,084

-1,336

-1,361

-1,689

-2,076

-2,088

-2,382

-2,139

-2,320

-2,419

-2,514

-2,710

-1,885

-1,527

-1,652

-1,851

-1,043

-1,167

-1,031

-1,136

-474

-190

-315

-470

-358

-687

-484

-293

287

145

398

50

80

158

135

85

54

-51

4

Retained earnings

585,773

575,531

422,830

410,730

404,865

402,569

384,484

371,509

360,833

351,408

372,476

360,134

350,393

332,891

308,095

297,701

290,190

285,076

275,790

267,730

262,668

259,845

249,002

236,486

222,796

213,466

199,828

185,566

174,239

165,646

158,773

204,627

213,241

205,805

202,272

196,193

187,043

178,627

171,110

159,873

134,740

Total stockholders’ equity

743,830

724,546

565,328

543,865

531,301

527,072

531,132

521,829

533,832

547,682

562,259

547,003

530,143

503,084

469,058

448,008

435,221

428,619

411,197

427,681

440,482

430,676

451,633

452,663

457,178

436,686

414,904

383,283

361,768

341,049

347,676

386,004

382,585

364,529

368,387

387,929

373,041

354,035

333,956

317,204

284,792

Total liabilities and stockholders’ equity

827,439

803,896

636,410

620,389

600,505

588,697

604,427

588,027

604,434

621,074

624,483

601,538

588,660

554,410

535,288

509,506

492,796

487,537

473,490

499,519

507,174

493,663

519,416

517,589

521,329

501,421

483,639

449,897

426,649

399,130

416,602

479,614

450,253

432,919

440,488

454,308

436,973

433,070

403,347

392,081

344,567