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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
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Mar. 31, 2015
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Mar. 31, 2014
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| Operating Activities | ||
| Net loss | $ (4,722)us-gaap_NetIncomeLoss | $ (862)us-gaap_NetIncomeLoss |
| Adjustments to reconcile net loss to cash provided by operating activities: | ||
| Amortization and depreciation | 1,639us-gaap_DepreciationDepletionAndAmortization | 1,134us-gaap_DepreciationDepletionAndAmortization |
| Amortization of investment premiums, net | 149us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments | 210us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments |
| Stock-based compensation | 3,719us-gaap_ShareBasedCompensation | 3,393us-gaap_ShareBasedCompensation |
| Deferred income tax expense (benefit) | 0us-gaap_DeferredIncomeTaxExpenseBenefit | 11us-gaap_DeferredIncomeTaxExpenseBenefit |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (2,143)us-gaap_IncreaseDecreaseInAccountsReceivable | (1,320)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Inventory | (1,991)us-gaap_IncreaseDecreaseInInventories | (1,010)us-gaap_IncreaseDecreaseInInventories |
| Prepaid and other assets | (416)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | (42)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Accounts payable, accrued expenses and other current liabilities | 2,832us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | 590us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
| Accrued compensation | 1,874us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | 2,039us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Deferred revenue and deferred profits | 21mxl_DeferredRevenueandDeferredProfits | 529mxl_DeferredRevenueandDeferredProfits |
| Accrued price protection liability | 2,647mxl_IncreaseDecreaseinAccruedPriceProtectionLiability | (637)mxl_IncreaseDecreaseinAccruedPriceProtectionLiability |
| Other long-term liabilities | 159us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities | 56us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities |
| Net cash provided by operating activities | 3,768us-gaap_NetCashProvidedByUsedInOperatingActivities | 4,091us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Investing Activities | ||
| Purchases of property and equipment | (1,024)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (1,445)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Purchases of available-for-sale securities | (16,153)us-gaap_PaymentsToAcquireAvailableForSaleSecurities | (18,699)us-gaap_PaymentsToAcquireAvailableForSaleSecurities |
| Maturities of available-for-sale securities | 16,190us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities | 18,195us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities |
| Net cash used in investing activities | (987)us-gaap_NetCashProvidedByUsedInInvestingActivities | (1,949)us-gaap_NetCashProvidedByUsedInInvestingActivities |
| Financing Activities | ||
| Net proceeds from issuance of common stock | 248us-gaap_ProceedsFromIssuanceOfCommonStock | 49us-gaap_ProceedsFromIssuanceOfCommonStock |
| Minimum tax withholding paid on behalf of employees for restricted stock units | (265)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation | (136)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation |
| Payments of Stock Issuance Costs | (697)us-gaap_PaymentsOfStockIssuanceCosts | 0us-gaap_PaymentsOfStockIssuanceCosts |
| Net cash used in financing activities | (714)us-gaap_NetCashProvidedByUsedInFinancingActivities | (87)us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Effect of exchange rate changes on cash and cash equivalents | 6us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | (5)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents |
| Increase in cash and cash equivalents | 2,073us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 2,050us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents at beginning of period | 20,696us-gaap_CashAndCashEquivalentsAtCarryingValue | 26,450us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents at end of period | 22,769us-gaap_CashAndCashEquivalentsAtCarryingValue | 28,500us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental Cash Flow Information [Abstract] | ||
| Cash paid for income taxes | 55us-gaap_IncomeTaxesPaid | 17us-gaap_IncomeTaxesPaid |
| Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] | ||
| Accrued purchases of property and equipment | $ 87us-gaap_CapitalExpendituresIncurredButNotYetPaid | $ 2,009us-gaap_CapitalExpendituresIncurredButNotYetPaid |
| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the liability reflecting estimated income to be earned from product shipments to distributors. No definition available.
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- Definition
The increase (decrease) during the reporting period in accrued price protection liability. No definition available.
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| X | ||||||||||
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- Definition
The sum of the periodic adjustments of the differences between securities' face values and purchase prices that are charged against earnings. This is called accretion if the security was purchased at a discount and amortization if it was purchased at premium. As a noncash item, this element is an adjustment to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Future cash outflow to pay for purchases of fixed assets that have occurred. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other noncurrent operating liabilities not separately disclosed in the statement of cash flows. No definition available.
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow for cost incurred directly with the issuance of an equity security. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow associated with the sale or maturity (principal being due) of securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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