Integrated Silicon Solution, Inc.

Condensed Consolidated Balance Sheets

(In thousands)

March 31,

September 30,

2015

2014

(unaudited)

(1)

ASSETS

Current assets:

  Cash and cash equivalents

$  115,003

$      137,534

  Restricted cash

19,168

1,000

  Short-term investments

1,431

1,477

  Accounts receivable, net

49,096

50,458

  Inventories

90,838

85,093

  Other current assets

19,129

18,901

Total current assets

294,665

294,463

Property and equipment, net

57,266

58,847

Purchased intangible assets, net

4,399

5,093

Goodwill

9,178

9,178

Other assets

37,612

32,761

Total assets

$  403,120

$      400,342

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

  Accounts payable

$   50,705

$        54,554

  Accrued compensation and benefits

10,519

9,875

  Accrued expenses

12,795

11,365

  Current portion of long-term debt

195

195

Total current liabilities 

74,214

75,989

Long-term debt

4,241

4,339

Other long-term liabilities

5,362

5,456

Total liabilities

83,817

85,784

Commitments and contingencies

Stockholders' equity:

  Common stock

3

3

  Additional paid-in capital

373,639

364,587

  Accumulated deficit

(50,522)

(51,076)

  Accumulated other comprehensive loss

(5,970)

(1,044)

Total ISSI stockholders' equity

317,150

312,470

  Noncontrolling interest

2,153

2,088

Total stockholders' equity

319,303

314,558

Total liabilities and stockholders' equity

$  403,120

$      400,342

(1) Derived from audited financial statements.