POWER INTEGRATIONS INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $47.9m $27.6m $70.0m $193.5m $71.2m $164.4m $170.9m $55.7m $32.2m $22.1m
Depreciation $16.8m $18.4m $18.9m $19.2m $23.7m $31.5m $34.9m $35.2m $33.3m $27.2m
Amortization of Intangible Assets $6.7m $6.1m $5.3m $5.2m $4.4m $3.5m $2.4m $2.2m $1.3m $831k
Deferred Income Tax Expense (Benefit) ($660k) $15.8m ($4.5m) $4.0m ($592k) ($13.2m) ($2.6m) ($9.2m) ($8.4m) $898k
Share-based Payment Arrangement, Noncash Expense $20.9m $24.7m $21.6m $23.3m $30.9m $37.6m $22.4m $28.5m $35.1m $39.7m
Share-based Payment Arrangement, Expense $20.9m $24.7m $21.6m $23.3m $30.9m $37.6m $22.4m $28.5m $35.1m $39.7m
Gain (Loss) on Disposition of Property Plant Equipment ($332k) ($360k) ($553k) ($249k) ($525k) ($3.1m) ($1.4m) ($100k) ($240k) $108k
Income Tax Expense (Benefit) $1.0m $32.7m ($10.2m) $28.9m $4.1m $11.7m $12.6m ($9.8m) ($1.5m) ($1.1m)
Operating Lease, Expense $2.5m $2.7m $3.3m $3.3m $3.6m $3.9m $4.4m
Changes in operating assets and liabilities:
Non-cash transactions:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($650k) $10.5m ($5.8m) $13.3m $11.3m $5.5m ($19.9m) ($6.6m) $12.3m ($9.3m)
Increase (Decrease) in Inventories $630k $4.5m $23.8m $9.5m $12.5m ($3.6m) $36.2m $27.7m $2.4m $1.3m
Increase (Decrease) in Accounts Payable $7.7m $396k $1.3m ($6.6m) $5.7m $4.1m ($3.8m) ($5.4m) $3.5m $3.3m
Foreign Currency Transaction Gain (Loss), before Tax ($100k) ($100k) ($100k) ($300k) ($500k) ($600k) ($400k) ($300k) ($300k)
Gain (Loss) Related to Litigation Settlement ($169.0m) $0 $0
General and Administrative Expense $33.0m $36.1m $35.5m $37.6m $36.9m $39.8m $28.9m $33.2m $38.2m $42.7m
Goodwill $91.8m $91.8m $91.8m $91.8m $91.8m $91.8m $91.8m $91.8m $95.3m $95.3m
Marketable Securities, Unrealized Gain (Loss) $0
Nonoperating Income (Expense) $1.1m $2.7m $4.1m $5.4m $4.8m $1.1m $3.0m $10.8m $12.8m $10.8m
Operating Expenses $143.3m $156.0m $159.1m ($3.6m) $173.1m $185.6m $186.5m $193.9m $206.8m $231.5m
Net Cash Provided by (Used in) Operating Activities $97.9m $82.0m $84.0m $224.5m $125.6m $230.9m $215.3m $65.8m $81.2m $111.5m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $12.2m $32.5m $24.7m $24.1m $70.6m $47.3m $39.2m $20.9m $17.3m $24.4m
Property, plant and equipment acquisitions funded by liabilities $12.2m $32.5m $24.7m $24.1m $70.6m $47.3m $39.2m $20.9m $17.3m $24.4m
Payments to Acquire Businesses, Net of Cash Acquired $0 $0
Net Cash Provided by (Used in) Investing Activities ($117.4m) ($34.7m) $69.1m ($162.0m) ($28.3m) ($232.8m) $78.3m ($14.2m) ($25.9m) $36.2m
Cash flows from financing activities:
Payments for Repurchase of Common Stock $6.4m $9.2m $103.2m $7.3m $2.6m $73.9m $311.1m $55.3m $27.9m $98.1m
Dividends paid $15.1m $16.6m $18.8m $20.5m $25.1m $32.6m $41.5m $44.0m $46.0m $47.2m
Net Cash Provided by (Used in) Financing Activities ($8.4m) ($15.8m) ($112.6m) ($17.9m) ($17.2m) ($98.8m) ($346.4m) ($93.0m) ($68.2m) ($139.9m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $80.2m ($100.8m) ($52.7m) ($41.4m) ($13.0m) $7.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $158.1m $105.4m $63.9m $51.0m $58.8m
Supplemental disclosure of cash flow information:
Income Taxes Paid, Net $6.6m ($1.6m) $7.4m $21.3m ($2.0m) $25.6m $17.9m $13.8m $4.8m $3.0m