$MPWR
Monolithic Power Systems Inc

2023 Q3 Form 10-Q Financial Statement

#000143774923022148 Filed on August 04, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $474.9M $441.1M
YoY Change -4.15% -4.31%
Cost Of Revenue $211.3M $193.5M
YoY Change 3.33% 1.79%
Gross Profit $263.5M $247.7M
YoY Change -9.41% -8.59%
Gross Profit Margin 55.5% 56.15%
Selling, General & Admin $63.19M $71.66M
YoY Change -9.37% 1.41%
% of Gross Profit 23.98% 28.93%
Research & Development $64.79M $63.69M
YoY Change -3.68% 11.48%
% of Gross Profit 24.58% 25.71%
Depreciation & Amortization $10.00M $9.953M
YoY Change 3.37% 4.11%
% of Gross Profit 3.79% 4.02%
Operating Expenses $128.0M $135.4M
YoY Change -6.57% 4.86%
Operating Profit $135.6M $112.3M
YoY Change -11.93% -20.84%
Interest Expense $6.071M $6.543M
YoY Change 69.39% 96.31%
% of Operating Profit 4.48% 5.83%
Other Income/Expense, Net $2.289M $6.543M
YoY Change 45680.0% -228.5%
Pretax Income $137.9M $118.9M
YoY Change -9.23% -13.11%
Income Tax $16.70M $19.36M
% Of Pretax Income 12.11% 16.29%
Net Earnings $121.2M $99.50M
YoY Change -2.55% -13.23%
Net Earnings / Revenue 25.52% 22.56%
Basic Earnings Per Share $2.54 $2.10
Diluted Earnings Per Share $2.48 $2.04
COMMON SHARES
Basic Shares Outstanding 47.78M 47.42M
Diluted Shares Outstanding 48.79M 48.76M

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.042B $940.5M
YoY Change 41.61% 15.84%
Cash & Equivalents $421.2M $507.0M
Short-Term Investments $621.1M $433.5M
Other Short-Term Assets $110.0M $95.25M
YoY Change 200.69% 171.72%
Inventory $397.3M $427.4M
Prepaid Expenses $29.20M $15.44M
Receivables $185.8M $169.2M
Other Receivables $18.50M $22.19M
Total Short-Term Assets $1.735B $1.632B
YoY Change 31.12% 22.54%
LONG-TERM ASSETS
Property, Plant & Equipment $358.2M $341.9M
YoY Change 4.4% -4.14%
Goodwill $6.571M $6.571M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $204.2M $204.0M
YoY Change -20.86% 207.35%
Total Long-Term Assets $592.7M $588.3M
YoY Change -2.48% 29.69%
TOTAL ASSETS
Total Short-Term Assets $1.735B $1.632B
Total Long-Term Assets $592.7M $588.3M
Total Assets $2.328B $2.221B
YoY Change 20.55% 24.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $64.71M $70.61M
YoY Change -17.75% -9.38%
Accrued Expenses $120.7M $113.4M
YoY Change -43.16% 24.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $250.0M $250.8M
YoY Change -14.08% -1.43%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $77.40M $76.66M
YoY Change -29.33% 26.22%
Total Long-Term Liabilities $77.40M $76.66M
YoY Change -29.33% 26.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $250.0M $250.8M
Total Long-Term Liabilities $77.40M $76.66M
Total Liabilities $383.2M $381.5M
YoY Change -4.32% 5.23%
SHAREHOLDERS EQUITY
Retained Earnings $899.4M $827.4M
YoY Change 41.94% 51.55%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.945B $1.839B
YoY Change
Total Liabilities & Shareholders Equity $2.328B $2.221B
YoY Change 20.55% 24.36%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $121.2M $99.50M
YoY Change -2.55% -13.23%
Depreciation, Depletion And Amortization $10.00M $9.953M
YoY Change 3.37% 4.11%
Cash From Operating Activities $175.9M $90.19M
YoY Change -1067.28% -14.3%
INVESTING ACTIVITIES
Capital Expenditures $27.10M $7.827M
YoY Change -472.2% -166.08%
Acquisitions
YoY Change
Other Investing Activities -$185.8M -$4.224M
YoY Change -585.36% -114.02%
Cash From Investing Activities -$213.0M -$12.05M
YoY Change -787.1% -165.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -47.10M -49.95M
YoY Change 44.65% 38.3%
NET CHANGE
Cash From Operating Activities 175.9M 90.19M
Cash From Investing Activities -213.0M -12.05M
Cash From Financing Activities -47.10M -49.95M
Net Change In Cash -84.20M 28.18M
YoY Change 326.39% -67.76%
FREE CASH FLOW
Cash From Operating Activities $175.9M $90.19M
Capital Expenditures $27.10M $7.827M
Free Cash Flow $148.8M $82.36M
YoY Change -1464.64% -29.66%

Facts In Submission

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75003000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
1839089000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1243985000 usd
us-gaap Net Income Loss
NetIncomeLoss
194245000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-30566000 usd
us-gaap Dividends
Dividends
73204000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
3331000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2786000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
82545000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
1423122000 usd
us-gaap Net Income Loss
NetIncomeLoss
209306000 usd
us-gaap Net Income Loss
NetIncomeLoss
194245000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19940000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18690000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-56000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-2580000 usd
mpwr Gain Loss On Deferred Compensation Plan Investments Cash Flow
GainLossOnDeferredCompensationPlanInvestmentsCashFlow
5022000 usd
mpwr Gain Loss On Deferred Compensation Plan Investments Cash Flow
GainLossOnDeferredCompensationPlanInvestmentsCashFlow
-7277000 usd
us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
1424000 usd
us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
-0 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-984000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1383000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
75001000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
82726000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-13544000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
20710000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-19847000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
100434000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4881000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-51000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
12653000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6138000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-20613000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
24526000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-14802000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1751000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
6371000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
701000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
308992000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
212656000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16681000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
38721000 usd
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
211407000 usd
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
18328000 usd
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
232206000 usd
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
65993000 usd
mpwr Contributions Made To Deferred Compensation Plan
ContributionsMadeToDeferredCompensationPlan
3855000 usd
mpwr Contributions Made To Deferred Compensation Plan
ContributionsMadeToDeferredCompensationPlan
2275000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
263000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
6669000 usd
mpwr Property And Equipment Purchased On Extended Payment Terms
PropertyAndEquipmentPurchasedOnExtendedPaymentTerms
1192000 usd
mpwr Property And Equipment Purchased On Extended Payment Terms
PropertyAndEquipmentPurchasedOnExtendedPaymentTerms
1190000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
1114000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
3331000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
3737000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
2786000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
85863000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
65294000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-82204000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-60367000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-8696000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5362000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
218355000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
153596000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
288729000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
189389000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
507084000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
342985000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
58216000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
41137000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2586000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2968000 usd
CY2023Q2 mpwr Dividends And Dividend Equivalents Accrued
DividendsAndDividendEquivalentsAccrued
51037000 usd
CY2022Q2 mpwr Dividends And Dividend Equivalents Accrued
DividendsAndDividendEquivalentsAccrued
38260000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b><i>Use of Estimates</i></b></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Significant estimates and assumptions used in these condensed consolidated financial statements primarily include those related to revenue recognition, inventory valuation, valuation of share-based awards, contingencies and income tax valuation allowances. Actual results could differ from these estimates and assumptions, and any such differences <em style="font: inherit;"> may </em>be material to the Company’s condensed consolidated financial statements.</p>
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
169200000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
182700000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
37992000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
42915000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
75001000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
82726000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
663000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
652000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1086000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1225000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2659000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
176.50
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
268000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
450.48
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
495000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
204.90
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
10000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
236.17
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2422000
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
201.23
CY2023Q2 us-gaap Share Price
SharePrice
540.23
CY2023Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
126606000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
126760000 usd
CY2023Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
106455000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
134071000 usd
CY2023Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
194371000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
186459000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
427432000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
447290000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
113410000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
113679000 usd
CY2023Q2 mpwr Inventory Stock Rotation Reserve
InventoryStockRotationReserve
17200000 usd
CY2023Q2 mpwr Prepaid Wafer Purchase Current
PrepaidWaferPurchaseCurrent
50000000 usd
CY2022Q4 mpwr Prepaid Wafer Purchase Current
PrepaidWaferPurchaseCurrent
0 usd
CY2023Q2 mpwr Tax Withholding Share Based Payment Arrangement Proceeds Receivable
TaxWithholdingShareBasedPaymentArrangementProceedsReceivable
17767000 usd
CY2022Q4 mpwr Tax Withholding Share Based Payment Arrangement Proceeds Receivable
TaxWithholdingShareBasedPaymentArrangementProceedsReceivable
14480000 usd
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
15444000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11045000 usd
CY2023Q2 us-gaap Interest Receivable Current
InterestReceivableCurrent
4421000 usd
CY2022Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
8752000 usd
CY2023Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
7621000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
8465000 usd
CY2023Q2 us-gaap Other Assets Current
OtherAssetsCurrent
95253000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
42742000 usd
CY2023Q2 mpwr Prepaid Wafer Purchase Current
PrepaidWaferPurchaseCurrent
50000000.0 usd
CY2023Q2 mpwr Prepaid Wafer Purchase Noncurrent
PrepaidWaferPurchaseNoncurrent
120000000 usd
CY2022Q4 mpwr Prepaid Wafer Purchase Noncurrent
PrepaidWaferPurchaseNoncurrent
170000000 usd
CY2023Q2 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
71900000 usd
CY2022Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
63022000 usd
CY2023Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
12132000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
16264000 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
204032000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
249286000 usd
CY2023Q2 mpwr Dividends And Dividend Equivalents
DividendsAndDividendEquivalents
59553000 usd
CY2022Q4 mpwr Dividends And Dividend Equivalents
DividendsAndDividendEquivalents
42170000 usd
CY2023Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
17654000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
24082000 usd
CY2023Q2 mpwr Stock Rotation Reserve And Accrued Sales Returns
StockRotationReserveAndAccruedSalesReturns
19444000 usd
CY2022Q4 mpwr Stock Rotation Reserve And Accrued Sales Returns
StockRotationReserveAndAccruedSalesReturns
14931000 usd
CY2023Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
252000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
15595000 usd
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16507000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16901000 usd
CY2022Q4 mpwr Inventory Stock Rotation Reserve
InventoryStockRotationReserve
14300000 usd
CY2023Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
70071000 usd
CY2022Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
64863000 usd
CY2023Q2 mpwr Dividend Equivalents Noncurrent
DividendEquivalentsNoncurrent
1953000 usd
CY2022Q4 mpwr Dividend Equivalents Noncurrent
DividendEquivalentsNoncurrent
6847000 usd
CY2023Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
4634000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1664000 usd
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
76658000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
73374000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
759000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
676000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1475000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1405000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
554000 usd
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
438000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1092000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
805000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
1313000 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
1114000 usd
us-gaap Lease Cost
LeaseCost
2567000 usd
us-gaap Lease Cost
LeaseCost
2210000 usd
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
774000 usd
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
533000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1638000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1466000 usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
290000 usd
CY2022Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
48000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4835000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1058000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y1M6D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036 pure
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.021 pure
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1098000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1746000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1157000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
863000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
871000 usd
CY2023Q2 mpwr Lessee Operating Lease Liability Payments Due Thereafter
LesseeOperatingLeaseLiabilityPaymentsDueThereafter
1432000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7167000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
586000 usd
CY2023Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
300000 usd
CY2022Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
500000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
800000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1100000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
679000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
612000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
107000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
20000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1418000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
99504000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
114679000 usd
us-gaap Net Income Loss
NetIncomeLoss
209306000 usd
us-gaap Net Income Loss
NetIncomeLoss
194245000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47489000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46675000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47361000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46550000
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1267000
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1611000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1344000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1718000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48756000
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
357157000 usd
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48286000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48705000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48268000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.10
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.46
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.17
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.04
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.37
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.02
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 pure
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
441128000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
461004000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
892193000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
838718000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
441128000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
461004000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
892193000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
838718000 usd
CY2023Q2 us-gaap Noncurrent Assets
NoncurrentAssets
341911000 usd
CY2023Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
19726000 usd
CY2022Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
23833000 usd
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
24082000 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
20989000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
580000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
475000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
942000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
475000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1581000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
139000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2253000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1519000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-1071000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
1040000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-5117000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
5264000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17654000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
25209000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17654000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
25209000 usd
CY2023Q1 mpwr Prepaid Wafer Purchase Current
PrepaidWaferPurchaseCurrent
50000000.0 usd
CY2023Q2 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
160296000 usd
CY2023Q2 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
297556000 usd
CY2023Q2 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
293702000 usd
CY2023Q2 us-gaap Purchase Obligation
PurchaseObligation
751554000 usd
CY2023Q2 us-gaap Cash
Cash
459145000 usd
CY2022Q4 us-gaap Cash
Cash
273145000 usd
CY2023Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
47814000 usd
CY2022Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
15462000 usd
CY2023Q2 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
124043000 usd
CY2022Q4 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
130467000 usd
CY2023Q2 us-gaap Commercial Paper At Carrying Value
CommercialPaperAtCarryingValue
11376000 usd
CY2022Q4 us-gaap Commercial Paper At Carrying Value
CommercialPaperAtCarryingValue
17928000 usd
CY2023Q2 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
114413000 usd
CY2022Q4 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
8285000 usd
CY2023Q2 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
941135000 usd
CY2022Q4 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
739584000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
506959000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
288607000 usd
CY2023Q2 us-gaap Short Term Investments
ShortTermInvestments
433527000 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
449266000 usd
CY2023Q2 us-gaap Long Term Investments
LongTermInvestments
649000 usd
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
1711000 usd
CY2023Q2 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
941135000 usd
CY2022Q4 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
739584000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
250915000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
248256000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
187435000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
185271000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
650000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
649000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
439000000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
434176000 usd
CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
486814000 usd
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
12000 usd
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
4836000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
481990000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
474643000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
18000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
8222000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
466439000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
136897000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
633000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
155677000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
4203000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
292574000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
4836000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
73930000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
975000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
211083000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
7247000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
285013000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
8222000 usd
CY2023Q2 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
7400000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
506959000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
288607000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
125000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
122000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
507084000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
288729000 usd
CY2023Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
531568000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
510372000 usd
CY2023Q2 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
71900000 usd
CY2022Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
63022000 usd
CY2023Q2 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
74263000 usd
CY2022Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
64981000 usd
CY2023Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
5965000 usd
CY2022Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
3333000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
10773000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
6794000 usd
CY2023Q2 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
204000 usd
CY2022Q2 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1232000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-56000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-2580000 usd
CY2023Q2 mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
2488000 usd
CY2022Q2 mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
-5085000 usd
mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
5022000 usd
mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
-7277000 usd
CY2023Q2 mpwr Gain Loss On Charitable Contribution
GainLossOnCharitableContribution
-3800000 usd
CY2022Q2 mpwr Gain Loss On Charitable Contribution
GainLossOnCharitableContribution
-2500000 usd
mpwr Gain Loss On Charitable Contribution
GainLossOnCharitableContribution
-5800000 usd
mpwr Gain Loss On Charitable Contribution
GainLossOnCharitableContribution
-3000000 usd
CY2023Q2 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
1424000 usd
CY2022Q2 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
0 usd
us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
1424000 usd
us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
0 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
262000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
392000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
477000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
337000 usd
CY2023Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
6543000 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5092000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
11840000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5726000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19400000 usd
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.163 pure
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39100000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.158 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22100000 usd
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.162 pure
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38100000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.164 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.75
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.00
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.50
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
47530000 usd
CY2022Q2 us-gaap Dividends Common Stock
DividendsCommonStock
35029000 usd
us-gaap Dividends Common Stock
DividendsCommonStock
94860000 usd
us-gaap Dividends Common Stock
DividendsCommonStock
69937000 usd
CY2023Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
47500000 usd
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
35300000 usd
CY2023Q2 mpwr Accrued Dividend Equivalents
AccruedDividendEquivalents
14000000.0 usd
CY2022Q4 mpwr Accrued Dividend Equivalents
AccruedDividendEquivalents
13800000 usd

Files In Submission

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