MACOM Technology Solutions Holdings Inc
For the period ended Jun 28, 2024. Filed Aug 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.
Jun 28, 2024 · Filed Aug 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
| Nine Months Ended | ||
|---|---|---|
| June 28, 2024 | June 30, 2023 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $47,445 | $67,127 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and intangibles amortization | 49,419 | 38,415 |
| Share-based compensation | 34,092 | 28,769 |
| Deferred income taxes | 6,655 | 27,431 |
| Amortization on marketable securities, net | (5,731) | (8,627) |
| Other adjustments, net | 4,524 | 3,345 |
| Change in operating assets and liabilities: | ||
| Accounts receivable | (17,882) | (2,387) |
| Inventories | (25,103) | (12,208) |
| Prepaid expenses and other assets | (972) | (2,923) |
| Accounts payable | 14,732 | (4,135) |
| Accrued and other liabilities | (6,072) | (16,607) |
| Income taxes | (796) | (1,637) |
| Net cash provided by operating activities | 100,311 | 116,563 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Acquisition of businesses, net of cash acquired | (72,615) | (87,692) |
| Purchases of property and equipment | (17,252) | (18,890) |
| Other investing | (2,144) | — |
| Proceeds from sale of property and equipment | — | 8,005 |
| Proceeds from sales and maturities of short-term investments | 274,112 | 364,116 |
| Purchases of short-term investments | (330,716) | (352,900) |
| Net cash used in investing activities | (148,615) | (87,361) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Payments on finance leases and other | (1,062) | (890) |
| Proceeds from stock option exercises and employee stock purchases | 6,505 | 5,574 |
| Common stock withheld for taxes on employee equity awards | (13,877) | (32,479) |
| Net cash used in financing activities | (8,434) | (27,795) |
| Foreign currency effect on cash | 90 | 161 |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | (56,648) | 1,568 |
| CASH AND CASH EQUIVALENTS — Beginning of period | 173,952 | 119,952 |
| CASH AND CASH EQUIVALENTS — End of period | $117,304 | $121,520 |
| Supplemental disclosure of non-cash activities | ||
| Issuance of common stock in connection with the RF Business Acquisition (See Note 3 - Acquisitions) | $57,733 | $— |
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