Notes: Nine Months Ended -------------------------- September September 28, 2014 29, 2013 ----------- --------- (a) Stock-based compensation $ 2,793 $ 2,650 (b) Amortization of acquired intangible assets 359 692 ----------- --------- Total non-GAAP adjustments $ 3,152 $ 3,342 =========== ========= IKANOS COMMUNICATIONS, INC. Unaudited Condensed Consolidated Balance Sheets (In thousands) September 28, December 29, 2014 June 29, 2014 2013 -------------- -------------- -------------- Assets Current assets: Cash, cash equivalents and short-term investments $ 6,685 $ 20,592 $ 39,516 Accounts receivable 11,003 9,393 15,892 Inventory 886 2,160 2,017 Prepaid expenses and other current assets 3,452 3,793 3,245 -------------- -------------- -------------- Total current assets 22,026 35,938 60,670 Property and equipment, net 9,355 9,761 8,612 Intangible assets, net 358 478 718 Other assets 1,976 1,912 1,952 -------------- -------------- -------------- $ 33,715 $ 48,089 $ 71,952 ============== ============== ============== Liabilities and Stockholders' Equity Current liabilities: Revolving line $ 4,937 $ 6,912 $ 12,000 Accounts payable 4,116 7,252 4,692 Accrued liabilities 7,679 7,433 8,232 -------------- -------------- -------------- Total current liabilities 16,732 21,597 24,924 Other liabilities 1,337 1,445 1,637 -------------- -------------- -------------- Total liabilities 18,069 23,042 26,561 Stockholders' equity 15,646 25,047 45,391 -------------- -------------- -------------- $ 33,715 $ 48,089 $ 71,952 ============== ============== ==============