MACOM Technology Solutions Holdings Inc
For the period ended Dec 29, 2023. Filed Feb 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 29, 2023 · Filed Feb 1, 2024
MTSI$226.48-1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Three Months Ended | ||
|---|---|---|
| December 29, 2023 | December 30, 2022 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $12,526 | $29,519 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and intangibles amortization | 14,289 | 12,855 |
| Share-based compensation | 8,657 | 11,047 |
| Deferred income taxes | 294 | 9,067 |
| Other adjustments, net | (1,755) | (381) |
| Change in operating assets and liabilities: | ||
| Accounts receivable | (12,180) | (10,489) |
| Inventories | 1,555 | (6,375) |
| Prepaid expenses and other assets | (510) | (556) |
| Accounts payable | 2,122 | 3,689 |
| Accrued and other liabilities | 6,612 | (10,349) |
| Income taxes | 1,489 | 246 |
| Net cash provided by operating activities | 33,099 | 38,273 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Acquisition of a business | (75,000) | — |
| Purchases of property and equipment | (4,652) | (9,616) |
| Proceeds from sales and maturities of short-term investments | 100,265 | 146,966 |
| Purchases of short-term investments | (55,387) | (145,300) |
| Net cash used in investing activities | (34,774) | (7,950) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Payments on finance leases and other | (349) | (278) |
| Proceeds from stock option exercises and employee stock purchases | 2,848 | 2,320 |
| Repurchase of common stock - tax withholdings on equity awards | (11,552) | (26,375) |
| Net cash used in financing activities | (9,053) | (24,333) |
| Foreign currency effect on cash | 362 | 213 |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | (10,366) | 6,203 |
| CASH AND CASH EQUIVALENTS — Beginning of period | 173,952 | 119,952 |
| CASH AND CASH EQUIVALENTS — End of period | $163,586 | $126,155 |
| Supplemental disclosure of non-cash activities | ||
| Issuance of common stock in connection with the RF Business Acquisition (See Note 3 - Acquisitions) | $60,772 | $— |
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