$MPWR
Monolithic Power Systems Inc

2023 Q4 Form 10-Q Financial Statement

#000143774923030929 Filed on November 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $454.0M $474.9M
YoY Change -1.3% -4.15%
Cost Of Revenue $202.9M $211.3M
YoY Change 5.56% 3.33%
Gross Profit $251.1M $263.5M
YoY Change -6.23% -9.41%
Gross Profit Margin 55.31% 55.5%
Selling, General & Admin $70.10M $63.19M
YoY Change 6.11% -9.37%
% of Gross Profit 27.91% 23.98%
Research & Development $71.46M $64.79M
YoY Change 15.87% -3.68%
% of Gross Profit 28.46% 24.58%
Depreciation & Amortization $10.27M $10.00M
YoY Change 17.15% 3.37%
% of Gross Profit 4.09% 3.79%
Operating Expenses $141.6M $128.0M
YoY Change 10.82% -6.57%
Operating Profit $109.6M $135.6M
YoY Change -21.78% -11.93%
Interest Expense $6.519M $6.071M
YoY Change 87.17% 69.39%
% of Operating Profit 5.95% 4.48%
Other Income/Expense, Net $9.976M $2.289M
YoY Change 2464.52% 45680.0%
Pretax Income $119.5M $137.9M
YoY Change -15.07% -9.23%
Income Tax $22.64M $16.70M
% Of Pretax Income 18.94% 12.11%
Net Earnings $96.91M $121.2M
YoY Change -18.63% -2.55%
Net Earnings / Revenue 21.34% 25.52%
Basic Earnings Per Share $2.54
Diluted Earnings Per Share $1.98 $2.48
COMMON SHARES
Basic Shares Outstanding 47.91M 47.78M
Diluted Shares Outstanding 48.79M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.108B $1.042B
YoY Change 50.23% 41.61%
Cash & Equivalents $527.8M $421.2M
Short-Term Investments $580.6M $621.1M
Other Short-Term Assets $147.5M $110.0M
YoY Change 245.01% 200.69%
Inventory $383.7M $397.3M
Prepaid Expenses $28.96M $29.20M
Receivables $179.9M $185.8M
Other Receivables $50.00M $18.50M
Total Short-Term Assets $1.819B $1.735B
YoY Change 28.99% 31.12%
LONG-TERM ASSETS
Property, Plant & Equipment $369.0M $358.2M
YoY Change 3.3% 4.4%
Goodwill $6.571M $6.571M
YoY Change 0.0% 0.0%
Intangibles $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets $211.3M $204.2M
YoY Change -15.25% -20.86%
Total Long-Term Assets $614.9M $592.7M
YoY Change -5.15% -2.48%
TOTAL ASSETS
Total Short-Term Assets $1.819B $1.735B
Total Long-Term Assets $614.9M $592.7M
Total Assets $2.434B $2.328B
YoY Change 18.24% 20.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $62.96M $64.71M
YoY Change 2.44% -17.75%
Accrued Expenses $115.8M $120.7M
YoY Change 1.86% -43.16%
Deferred Revenue $2.792M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $235.0M $250.0M
YoY Change -10.77% -14.08%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $88.66M $77.40M
YoY Change 20.83% -29.33%
Total Long-Term Liabilities $88.66M $77.40M
YoY Change 20.83% -29.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $235.0M $250.0M
Total Long-Term Liabilities $88.66M $77.40M
Total Liabilities $384.4M $383.2M
YoY Change -1.5% -4.32%
SHAREHOLDERS EQUITY
Retained Earnings $947.1M $899.4M
YoY Change 32.2% 41.94%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.050B $1.945B
YoY Change
Total Liabilities & Shareholders Equity $2.434B $2.328B
YoY Change 18.24% 20.55%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $96.91M $121.2M
YoY Change -18.63% -2.55%
Depreciation, Depletion And Amortization $10.27M $10.00M
YoY Change 17.15% 3.37%
Cash From Operating Activities $153.3M $175.9M
YoY Change 193.69% -1067.28%
INVESTING ACTIVITIES
Capital Expenditures $13.78M $27.10M
YoY Change 7.3% -472.2%
Acquisitions
YoY Change
Other Investing Activities $47.75M -$185.8M
YoY Change -227.89% -585.36%
Cash From Investing Activities $33.97M -$213.0M
YoY Change -167.71% -787.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -54.42M -47.10M
YoY Change 51.79% 44.65%
NET CHANGE
Cash From Operating Activities 153.3M 175.9M
Cash From Investing Activities 33.97M -213.0M
Cash From Financing Activities -54.42M -47.10M
Net Change In Cash 132.9M -84.20M
YoY Change -492.71% 326.39%
FREE CASH FLOW
Cash From Operating Activities $153.3M $175.9M
Capital Expenditures $13.78M $27.10M
Free Cash Flow $139.5M $148.8M
YoY Change 254.49% -1464.64%

Facts In Submission

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1530709000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1668602000 usd
us-gaap Net Income Loss
NetIncomeLoss
330469000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-24026000 usd
us-gaap Dividends
Dividends
147474000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1118000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
7568000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
108607000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1944864000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1243985000 usd
us-gaap Net Income Loss
NetIncomeLoss
318582000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-57804000 usd
us-gaap Dividends
Dividends
109821000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
4345000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
5877000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
125545000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1530709000 usd
us-gaap Net Income Loss
NetIncomeLoss
330469000 usd
us-gaap Net Income Loss
NetIncomeLoss
318582000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
29940000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28349000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
1591000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-3682000 usd
mpwr Gain Loss On Deferred Compensation Plan Investments Cash Flow
GainLossOnDeferredCompensationPlanInvestmentsCashFlow
3411000 usd
mpwr Gain Loss On Deferred Compensation Plan Investments Cash Flow
GainLossOnDeferredCompensationPlanInvestmentsCashFlow
-8607000 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
10927000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1217000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
108603000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
125723000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
23000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-97000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
3103000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
48608000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-49989000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
138241000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
21423000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
172050000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6915000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6274000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-22355000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
45054000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-12797000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
5734000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
14184000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
12485000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
484900000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
194471000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
43772000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
46002000 usd
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
492638000 usd
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
18327000 usd
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
328181000 usd
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
104991000 usd
mpwr Contributions Made To Deferred Compensation Plan
ContributionsMadeToDeferredCompensationPlan
4466000 usd
mpwr Contributions Made To Deferred Compensation Plan
ContributionsMadeToDeferredCompensationPlan
2993000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-212695000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
37669000 usd
mpwr Property And Equipment Purchased On Extended Payment Terms
PropertyAndEquipmentPurchasedOnExtendedPaymentTerms
2732000 usd
mpwr Property And Equipment Purchased On Extended Payment Terms
PropertyAndEquipmentPurchasedOnExtendedPaymentTerms
1587000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
1118000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
4345000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
7568000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
5877000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
135265000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
101564000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-129311000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-92929000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-10323000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-12275000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
132571000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
126936000 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
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
421300000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
316325000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
73678000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
61430000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2893000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4710000 usd
CY2023Q3 mpwr Dividends And Dividend Equivalents Accrued
DividendsAndDividendEquivalentsAccrued
52509000 usd
CY2022Q3 mpwr Dividends And Dividend Equivalents Accrued
DividendsAndDividendEquivalentsAccrued
39672000 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> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">  </p>
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
185800000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
182700000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
33602000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
42997000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
108603000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
125723000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
667000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
654000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1753000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1879000 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
176.5
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
302000
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
445.5
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
786000
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
187.56
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
23000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
192.23
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2152000
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
209.67
CY2023Q3 us-gaap Share Price
SharePrice
462
CY2023Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
126840000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
126760000 usd
CY2023Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
94417000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
134071000 usd
CY2023Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
176031000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
186459000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
15595000 usd
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
15915000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16901000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
120677000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
397288000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
447290000 usd
CY2023Q3 mpwr Prepaid Wafer Purchase Current
PrepaidWaferPurchaseCurrent
50000000 usd
CY2022Q4 mpwr Prepaid Wafer Purchase Current
PrepaidWaferPurchaseCurrent
0 usd
CY2023Q3 mpwr Tax Withholding Share Based Payment Arrangement Proceeds Receivable
TaxWithholdingShareBasedPaymentArrangementProceedsReceivable
14777000 usd
CY2022Q4 mpwr Tax Withholding Share Based Payment Arrangement Proceeds Receivable
TaxWithholdingShareBasedPaymentArrangementProceedsReceivable
14480000 usd
CY2023Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
29202000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11045000 usd
CY2023Q3 us-gaap Interest Receivable Current
InterestReceivableCurrent
3693000 usd
CY2022Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
8752000 usd
CY2023Q3 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
12295000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
8465000 usd
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
109967000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
42742000 usd
CY2023Q3 mpwr Prepaid Wafer Purchase Current
PrepaidWaferPurchaseCurrent
50000000 usd
CY2023Q3 mpwr Prepaid Wafer Purchase Noncurrent
PrepaidWaferPurchaseNoncurrent
120000000 usd
CY2022Q4 mpwr Prepaid Wafer Purchase Noncurrent
PrepaidWaferPurchaseNoncurrent
170000000 usd
CY2023Q3 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
70899000 usd
CY2022Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
63022000 usd
CY2023Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
13341000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
16264000 usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
204240000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
249286000 usd
CY2023Q3 mpwr Dividends And Dividend Equivalents
DividendsAndDividendEquivalents
58909000 usd
CY2022Q4 mpwr Dividends And Dividend Equivalents
DividendsAndDividendEquivalents
42170000 usd
CY2023Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
17043000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
24082000 usd
CY2023Q3 mpwr Stock Rotation Reserve And Accrued Sales Returns
StockRotationReserveAndAccruedSalesReturns
28343000 usd
CY2022Q4 mpwr Stock Rotation Reserve And Accrued Sales Returns
StockRotationReserveAndAccruedSalesReturns
14931000 usd
CY2023Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
467000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
113679000 usd
CY2023Q3 mpwr Inventory Stock Rotation Reserve
InventoryStockRotationReserve
25000000 usd
CY2022Q4 mpwr Inventory Stock Rotation Reserve
InventoryStockRotationReserve
14300000 usd
CY2023Q3 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
69327000 usd
CY2022Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
64863000 usd
CY2023Q3 mpwr Dividend Equivalents Noncurrent
DividendEquivalentsNoncurrent
2316000 usd
CY2022Q4 mpwr Dividend Equivalents Noncurrent
DividendEquivalentsNoncurrent
6847000 usd
CY2023Q3 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
5758000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1664000 usd
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
77401000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
73374000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
852000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
656000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
2327000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
2061000 usd
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
480000 usd
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
454000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1572000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1259000 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
1332000 usd
CY2022Q3 us-gaap Lease Cost
LeaseCost
1110000 usd
us-gaap Lease Cost
LeaseCost
3899000 usd
us-gaap Lease Cost
LeaseCost
3320000 usd
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
629000 usd
CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
649000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
2267000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
2115000 usd
CY2023Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2086000 usd
CY2022Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6921000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1071000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y1M6D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.042 pure
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.021 pure
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
598000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2397000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1762000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1193000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1201000 usd
CY2023Q3 mpwr Lessee Operating Lease Liability Payments Due Thereafter
LesseeOperatingLeaseLiabilityPaymentsDueThereafter
1603000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8754000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
771000 usd
CY2023Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
400000 usd
CY2022Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
600000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1200000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1700000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
316000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
750000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
226000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
40000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1332000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
121163000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
124337000 usd
us-gaap Net Income Loss
NetIncomeLoss
330469000 usd
us-gaap Net Income Loss
NetIncomeLoss
318582000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47780000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46829000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47501000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46643000
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1012000
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1520000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1233000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1652000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48792000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48349000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.54
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EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.96
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.83
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EarningsPerShareDiluted
2.48
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EarningsPerShareDiluted
2.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.78
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.6
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NumberOfReportableSegments
1 pure
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1334136000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023Q3 us-gaap Noncurrent Assets
NoncurrentAssets
358226000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
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CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17654000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
25209000 usd
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
24082000 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
20989000 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
1858000 usd
CY2022Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
1141000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2800000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
1616000 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
367000 usd
CY2022Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
306000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2619000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1825000 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
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CY2022Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-3400000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
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us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
1864000 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17043000 usd
CY2022Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
22644000 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17043000 usd
CY2022Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
22644000 usd
CY2023Q1 mpwr Prepaid Wafer Purchase Current
PrepaidWaferPurchaseCurrent
50000000 usd
CY2023Q3 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
48638000 usd
CY2023Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
317194000 usd
CY2023Q3 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
290663000 usd
CY2023Q3 us-gaap Purchase Obligation
PurchaseObligation
656495000 usd
CY2023Q3 us-gaap Cash
Cash
377324000 usd
CY2022Q4 us-gaap Cash
Cash
273145000 usd
CY2023Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
43854000 usd
CY2022Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
15462000 usd
CY2023Q3 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
123368000 usd
CY2022Q4 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
130467000 usd
CY2023Q3 us-gaap Commercial Paper At Carrying Value
CommercialPaperAtCarryingValue
4976000 usd
CY2022Q4 us-gaap Commercial Paper At Carrying Value
CommercialPaperAtCarryingValue
17928000 usd
CY2023Q3 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
362165000 usd
CY2022Q4 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
8285000 usd
CY2023Q3 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
1042901000 usd
CY2022Q4 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
739584000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
421178000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
288607000 usd
CY2023Q3 us-gaap Short Term Investments
ShortTermInvestments
621123000 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
449266000 usd
CY2023Q3 us-gaap Long Term Investments
LongTermInvestments
600000 usd
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
1711000 usd
CY2023Q3 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
1042901000 usd
CY2022Q4 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
739584000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
405120000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
403201000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
219510000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
217922000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
600000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
600000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
625230000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
621723000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
669084000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
20000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
665577000 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
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
266480000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
772000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
99230000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
2755000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
365710000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
3527000 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
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
421178000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
288607000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
122000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
122000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
421300000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
288729000 usd
CY2023Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
715402000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
510372000 usd
CY2023Q3 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
70899000 usd
CY2022Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
63022000 usd
CY2023Q3 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
73518000 usd
CY2022Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
64981000 usd
CY2023Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
6071000 usd
CY2022Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
3584000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
16844000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
10378000 usd
CY2023Q3 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
1647000 usd
CY2022Q3 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1102000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
1591000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-3682000 usd
CY2023Q3 mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
-1611000 usd
CY2022Q3 mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
-1330000 usd
mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
3411000 usd
mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
-8607000 usd
CY2023Q3 mpwr Gain Loss On Charitable Contribution
GainLossOnCharitableContribution
-3850000 usd
CY2022Q3 mpwr Gain Loss On Charitable Contribution
GainLossOnCharitableContribution
-1700000 usd
mpwr Gain Loss On Charitable Contribution
GainLossOnCharitableContribution
-9650000 usd
mpwr Gain Loss On Charitable Contribution
GainLossOnCharitableContribution
-4700000 usd
CY2023Q3 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
0 usd
CY2022Q3 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
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
553000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
509000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
891000 usd
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2289000 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
14129000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5720000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16700000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.121 pure
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55800000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.145 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27500000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.181 pure
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65600000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.171 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.75
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.25
CY2023Q3 us-gaap Dividends Common Stock
DividendsCommonStock
47832000 usd
CY2022Q3 us-gaap Dividends Common Stock
DividendsCommonStock
35145000 usd
us-gaap Dividends Common Stock
DividendsCommonStock
142692000 usd
us-gaap Dividends Common Stock
DividendsCommonStock
105082000 usd
CY2023Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
47800000 usd
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
35300000 usd
CY2023Q3 mpwr Accrued Dividend Equivalents
AccruedDividendEquivalents
13400000 usd
CY2022Q4 mpwr Accrued Dividend Equivalents
AccruedDividendEquivalents
13800000 usd

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