ADVANCED ANALOGIC TECHNOLOGIES INC

CIK:0001104042|SEC Filings

Other Comprehensive Loss

9 Months Ended

Sep. 30, 2011

6. OTHER COMPREHENSIVE LOSS

Comprehensive loss includes charges or credits to equity that are not the result of transactions with owners. The components of comprehensive loss are as follows:


	Three Months Ended September 30,						Nine Months Ended September 30,
	2011			2010			2011			2010
	(in thousands)						(in thousands)
Net loss, as reported	$	(3,678	)	$	(1,293	)	$	(14,424	)	$	(9,408	)
Changes in cumulative translation adjustment		—			92			189			100
Changes in unrealized gains (losses) on investments, net of taxes		(9	)		25			77			43

Total other comprehensive loss	$	(3,687	)	$	(1,176	)	$	(14,158	)	$	(9,265	)

Condensed Consolidated Statements Of Cash Flows (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (14,424)	$ (9,408)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	2,077	2,854
Stock-based compensation	4,075	4,351
Impairment of non-marketable securities	833
Provision for doubtful accounts	(2)	(1)
Net unrealized gain on trading securities		(3)
Loss on sales of property and equipment	9	20
Changes in operating assets and liabilities:
Accounts receivable	(1,653)	(5,901)
Inventories	(1,153)	(4,674)
Prepaid expenses and other current assets	142	709
Other assets	(26)	22
Deferred income taxes	(14)	27
Accounts payable	2,712	7,457
Accrued liabilities and other long-term liabilities	101	946
Income tax payable	178	(2,552)
Net cash used in operating activities	(7,145)	(6,153)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(803)	(2,012)
Purchases of short-term investments	(64,951)	(104,213)
Proceeds from sales and maturities of short-term investments	85,602	108,023
Sale of long-term investment	275	1,350
Purchase of long-term investment	(300)
Net cash provided by investing activities	19,823	3,148
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of common stock options	5,413	618
Common stock repurchases		(3,602)
Net cash provided by (used in) financing activities	5,413	(2,984)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	34	29
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	18,125	(5,960)
CASH AND CASH EQUIVALENTS-Beginning of period	37,158	36,120
CASH AND CASH EQUIVALENTS-End of period	55,283	30,160
NONCASH INVESTING AND FINANCING ACTIVITY:
Increase (decrease) in accounts payable and accrued liabilities related to property and equipment purchases	74	(305)
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes	$ 266	$ 144

Details Of Certain Balance Sheet Components

9 Months Ended

Sep. 30, 2011

Details Of Certain Balance Sheet Components [Abstract]

Details Of Certain Balance Sheet Components

7. DETAILS OF CERTAIN BALANCE SHEET COMPONENTS


	September 30, 2011			December 31, 2010
	(in thousands)
Inventories
Work in process	$	7,951		$	5,204
Finished goods		4,591			6,186

Total inventories	$	12,542		$	11,390

Property and equipment, net
Computers and software	$	6,017		$	5,588
Office and test equipment		9,445			8,918
Leasehold improvements		1,605			1,584

Gross property and equipment		17,067			16,090
Accumulated depreciation and amortization		(12,489	)		(11,029	)

Total property and equipment, net	$	4,578		$	5,061

Accrued liabilities
Accrued legal and accounting services	$	856		$	234
Accrued payroll and benefits		1,775			2,494
Accrued severance and related		267			—
Warranty reserve		167			89
Deferred revenue		53			35
Restructuring reserve		3			37
Accrued payables and other		1,449			1,592

Total accrued liabilities	$	4,570		$	4,481