2024 Q3 Form 10-Q Financial Statement

#000143774924024477 Filed on August 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q4
Revenue $620.1M $507.4M $454.0M
YoY Change 30.59% 15.03% -1.3%
Cost Of Revenue $276.7M $226.9M $202.9M
YoY Change 30.92% 17.27% 5.56%
Gross Profit $343.4M $280.6M $251.1M
YoY Change 30.32% 13.28% -6.23%
Gross Profit Margin 55.38% 55.29% 55.31%
Selling, General & Admin $94.36M $86.10M $70.10M
YoY Change 49.34% 20.14% 6.11%
% of Gross Profit 27.48% 30.69% 27.91%
Research & Development $85.05M $77.95M $71.46M
YoY Change 31.28% 22.39% 15.87%
% of Gross Profit 24.76% 27.78% 28.46%
Depreciation & Amortization $8.691M $10.27M
YoY Change -12.68% 17.15%
% of Gross Profit 3.1% 4.09%
Operating Expenses $179.4M $164.0M $141.6M
YoY Change 40.2% 21.2% 10.82%
Operating Profit $164.0M $116.5M $109.6M
YoY Change 20.99% 3.75% -21.78%
Interest Expense $6.805M $6.630M $6.519M
YoY Change 12.09% 1.33% 87.17%
% of Operating Profit 4.15% 5.69% 5.95%
Other Income/Expense, Net $10.28M $7.512M $9.976M
YoY Change 349.02% 14.81% 2464.52%
Pretax Income $174.3M $124.0M $119.5M
YoY Change 26.44% 4.36% -15.07%
Income Tax $29.88M $23.70M $22.64M
% Of Pretax Income 17.14% 19.11% 18.94%
Net Earnings $144.4M $100.4M $96.91M
YoY Change 19.2% 0.87% -18.63%
Net Earnings / Revenue 23.29% 19.78% 21.34%
Basic Earnings Per Share $2.96 $2.06
Diluted Earnings Per Share $2.95 $2.05 $1.98
COMMON SHARES
Basic Shares Outstanding 48.75M 48.67M 47.91M
Diluted Shares Outstanding 48.96M 48.95M

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.307B $1.108B
YoY Change 39.0% 50.23%
Cash & Equivalents $700.3M $550.5M $527.8M
Short-Term Investments $756.8M $580.6M
Other Short-Term Assets $108.5M $105.5M $147.5M
YoY Change -1.38% 10.81% 245.01%
Inventory $424.9M $426.8M $383.7M
Prepaid Expenses $31.38M $27.57M $28.96M
Receivables $164.7M $157.9M $179.9M
Other Receivables $0.00 $0.00 $50.00M
Total Short-Term Assets $2.160B $1.997B $1.819B
YoY Change 24.49% 22.37% 28.99%
LONG-TERM ASSETS
Property, Plant & Equipment $436.3M $400.5M $369.0M
YoY Change 21.78% 17.15% 3.3%
Goodwill $26.08M $26.08M $6.571M
YoY Change 296.9% 296.9% 0.0%
Intangibles $10.23M $10.51M $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets $191.0M $183.9M $211.3M
YoY Change -6.47% -9.88% -15.25%
Total Long-Term Assets $694.3M $650.7M $614.9M
YoY Change 17.14% 10.61% -5.15%
TOTAL ASSETS
Total Short-Term Assets $2.160B $1.997B $1.819B
Total Long-Term Assets $694.3M $650.7M $614.9M
Total Assets $2.855B $2.648B $2.434B
YoY Change 22.62% 19.25% 18.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $115.9M $99.89M $62.96M
YoY Change 79.06% 41.46% 2.44%
Accrued Expenses $139.4M $131.3M $115.8M
YoY Change 15.54% 15.82% 1.86%
Deferred Revenue $6.315M $5.564M $2.792M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $336.6M $295.2M $235.0M
YoY Change 34.63% 17.67% -10.77%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $101.8M $96.68M $88.66M
YoY Change 31.53% 26.11% 20.83%
Total Long-Term Liabilities $101.8M $96.68M $88.66M
YoY Change 31.53% 26.11% 20.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $336.6M $295.2M $235.0M
Total Long-Term Liabilities $101.8M $96.68M $88.66M
Total Liabilities $503.1M $452.3M $384.4M
YoY Change 31.27% 18.54% -1.5%
SHAREHOLDERS EQUITY
Retained Earnings $1.099B $1.016B $947.1M
YoY Change 22.17% 22.83% 32.2%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.352B $2.196B $2.050B
YoY Change
Total Liabilities & Shareholders Equity $2.855B $2.648B $2.434B
YoY Change 22.62% 19.25% 18.24%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q4
OPERATING ACTIVITIES
Net Income $144.4M $100.4M $96.91M
YoY Change 19.2% 0.87% -18.63%
Depreciation, Depletion And Amortization $8.691M $10.27M
YoY Change -12.68% 17.15%
Cash From Operating Activities $141.0M $153.3M
YoY Change 56.32% 193.69%
INVESTING ACTIVITIES
Capital Expenditures $49.68M $13.78M
YoY Change 534.74% 7.3%
Acquisitions
YoY Change
Other Investing Activities $46.33M $47.75M
YoY Change -1196.83% -227.89%
Cash From Investing Activities -$3.351M $33.97M
YoY Change -72.19% -167.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -73.64M -54.42M
YoY Change 47.42% 51.79%
NET CHANGE
Cash From Operating Activities 141.0M 153.3M
Cash From Investing Activities -3.351M 33.97M
Cash From Financing Activities -73.64M -54.42M
Net Change In Cash 63.99M 132.9M
YoY Change 127.05% -492.71%
FREE CASH FLOW
Cash From Operating Activities $141.0M $153.3M
Capital Expenditures $49.68M $13.78M
Free Cash Flow $91.29M $139.5M
YoY Change 10.85% 254.49%

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us-gaap Income Taxes Paid Net
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<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> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"></p>
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us-gaap Operating Lease Payments
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us-gaap Operating Lease Payments
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CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
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CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2024Q2 us-gaap Operating Lease Liability
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CY2024Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
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CY2023Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
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us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
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us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
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CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
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LessorOperatingLeasePaymentsToBeReceivedTwoYears
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CY2024Q2 mpwr Lessor Operating Lease Payment To Be Received After Year Four
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CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received
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NetIncomeLoss
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CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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WeightedAverageNumberOfSharesOutstandingBasic
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WeightedAverageNumberOfSharesOutstandingBasic
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CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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WeightedAverageNumberDilutedSharesOutstandingAdjustment
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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WeightedAverageNumberOfDilutedSharesOutstanding
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WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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EarningsPerShareBasic
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EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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EarningsPerShareDiluted
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EarningsPerShareDiluted
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EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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StockRepurchasedAndRetiredDuringPeriodShares
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StockRepurchasedAndRetiredDuringPeriodValue
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StockRepurchasedAndRetiredDuringPeriodValue
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CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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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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CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023Q2 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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CY2024Q2 us-gaap Noncurrent Assets
NoncurrentAssets
400534000 usd
CY2023Q4 us-gaap Noncurrent Assets
NoncurrentAssets
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CY2024Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12873000 usd
CY2023Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
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CY2023Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
16906000 usd
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
24082000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2225000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
580000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2325000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
942000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
116000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1581000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
4130000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2253000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
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CY2023Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
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us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
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us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
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CY2024Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14702000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17654000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14702000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17654000 usd
CY2024Q2 mpwr Prepaid Wafer Purchase Current
PrepaidWaferPurchaseCurrent
60000000 usd
CY2024Q2 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
151590000 usd
CY2024Q2 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
388949000 usd
CY2024Q2 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
1572000 usd
CY2024Q2 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
29476000 usd
CY2024Q2 us-gaap Purchase Obligation
PurchaseObligation
571587000 usd
CY2024Q2 us-gaap Cash
Cash
357743000 usd
CY2023Q4 us-gaap Cash
Cash
392329000 usd
CY2024Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
192732000 usd
CY2023Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
135514000 usd
CY2024Q2 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
165120000 usd
CY2023Q4 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
127123000 usd
CY2024Q2 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
568921000 usd
CY2023Q4 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
358409000 usd
CY2024Q2 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
1307590000 usd
CY2023Q4 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
1109043000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
550475000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
527843000 usd
CY2024Q2 us-gaap Short Term Investments
ShortTermInvestments
756770000 usd
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
580633000 usd
CY2024Q2 us-gaap Long Term Investments
LongTermInvestments
345000 usd
CY2023Q4 us-gaap Long Term Investments
LongTermInvestments
567000 usd
CY2024Q2 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
1307590000 usd
CY2023Q4 mpwr Cash Cash Equivalents And Investments
CashCashEquivalentsAndInvestments
1109043000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
722601000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
721901000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
34969000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
34869000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
350000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
345000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
757920000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
757115000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
950652000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
6000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
811000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
949847000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
718024000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
331000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1641000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
716714000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
474947000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
214000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
39974000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
597000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
514921000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
811000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
118391000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
114000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
71373000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1527000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
189764000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
1641000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
550475000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
527843000 usd
CY2024Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
33204000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
125000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
134000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
550600000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
561181000 usd
CY2024Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1008775000 usd
CY2023Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
771550000 usd
CY2024Q2 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
84975000 usd
CY2023Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
78381000 usd
CY2024Q2 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
87649000 usd
CY2023Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
81287000 usd
CY2024Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
6630000 usd
CY2023Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
5965000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
13544000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
10773000 usd
CY2024Q2 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
5917000 usd
CY2023Q2 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
204000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
10040000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-56000 usd
CY2024Q2 mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
-5035000 usd
CY2023Q2 mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
374000 usd
mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
-6532000 usd
mpwr Gain Loss On Deferred Compensation Plan Investments
GainLossOnDeferredCompensationPlanInvestments
1123000 usd
CY2024Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
7512000 usd
CY2023Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
6543000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
17052000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
11840000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23700000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.191 pure
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36200000 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
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
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.25
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.5
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
60872000 usd
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
47530000 usd
us-gaap Dividends Common Stock
DividendsCommonStock
121706000 usd
us-gaap Dividends Common Stock
DividendsCommonStock
94860000 usd
CY2024Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
60900000 usd
CY2023Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
47900000 usd
CY2024Q2 mpwr Accrued Dividend Equivalents
AccruedDividendEquivalents
5200000 usd
CY2023Q4 mpwr Accrued Dividend Equivalents
AccruedDividendEquivalents
11900000 usd

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