Company: AOSL
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001387467-25-000044
Chunk: 25

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 25
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 %     Finance lease7.51 %7.51 %Supplemental cash flow information related to the Company’s operating and finance leases is as follows (in thousands):Nine Months Ended March 31,20252024Cash paid for amounts included in the measurement of lease liabilities:     Operating cash flows from operating leases$4,830 $4,804      Operating cash flows from finance lease$164 $214      Financing cash flows from finance lease$694 $644 Non-cash investing and financing information:    Operating lease right-of-use assets obtained in exchange for lease obligations$945 $3,954 Future minimum lease payments are as follows as of March 31, 2025 (in thousands):Year ending June 30,Operating LeasesFinance LeasesThe remainder of fiscal 2025$1,589 $286 20265,730 1,144 20274,829 1,144 20284,276 191 20293,988 — Thereafter5,187 — Total minimum lease payments25,599 2,765 Less amount representing interest(2,991)(243)Total lease liabilities$22,608 $2,522 

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ALPHA AND OMEGA SEMICONDUCTOR LIMITEDNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

9. Shareholders’ Equity and Share-based Compensation 

Time-based Restricted Stock Units (“TRSUs”)The following table summarizes the Company’ TRSU activities for the nine months ended March 31, 2025: Number of Time-based  Restricted StockUnitsWeighted AverageGrant Date FairValue Per ShareWeighted AverageRemainingContractualTerm (Years)Aggregate Intrinsic ValueNonvested at June 30, 20241,469,135 $29.13 1.66$54,901,575 Granted614,488 $29.82 Vested(522,441)$31.54 Forfeited(52,233)$28.39 Nonvested at March 31, 20251,508,949 $28.61 1.82$37,512,472 Market-based Restricted Stock Units (“MSUs”)In December 2021, the Company granted 1.0 million market-based restricted stock units (“MSUs”) to certain personnel.  The number of shares to be earned