EXAR CORPORATION AND SUBSIDIARIES | |||||
CONDENSED CONSOLIDATED BALANCE SHEETS | |||||
(In thousands) | |||||
(Unaudited) | |||||
|
|
|
|
|
|
|
MARCH 27, |
|
DECEMBER 27, |
|
MARCH 29, |
|
2016 |
|
2015 |
|
2015 |
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
Cash and cash equivalents |
$ 55,070 |
|
$ 53,449 |
|
$ 55,233 |
Accounts receivable, net |
29,557 |
|
27,079 |
|
27,459 |
Accounts receivable, related party, net |
3,247 |
|
4,554 |
|
1,663 |
Inventories |
28,751 |
|
28,659 |
|
30,767 |
Other current assets |
2,133 |
|
2,018 |
|
3,090 |
Total current assets |
118,758 |
|
115,759 |
|
118,212 |
|
|
|
|
|
|
Property, plant and equipment, net |
20,388 |
|
21,567 |
|
26,077 |
Goodwill |
44,871 |
|
44,871 |
|
44,871 |
Intangible assets, net |
70,680 |
|
74,119 |
|
86,102 |
Other non-current assets |
676 |
|
778 |
|
7,838 |
|
|
|
|
|
|
Total assets |
$ 255,373 |
|
$ 257,094 |
|
$ 283,100 |
|
|
|
|
|
|
LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
|
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
Accounts payable |
$ 13,282 |
|
$ 13,234 |
|
$ 13,526 |
Accrued compensation and related benefits |
3,652 |
|
4,207 |
|
5,649 |
Deferred income and allowances on sales to distributors |
3,077 |
|
2,479 |
|
3,362 |
Deferred income and allowances on sales to distributors, related party |
4,683 |
|
4,141 |
|
6,982 |
Other current liabilities |
11,423 |
|
12,421 |
|
21,287 |
Total current liabilities |
36,117 |
|
36,482 |
|
50,806 |
|
|
|
|
|
|
Long-term lease financing obligations |
1,285 |
|
1,714 |
|
5,069 |
Other non-current obligations |
3,422 |
|
3,420 |
|
4,393 |
|
|
|
|
|
|
Total liabilities |
40,824 |
|
41,616 |
|
60,268 |
|
|
|
|
|
|
Stockholders' equity |
214,549 |
|
215,478 |
|
222,832 |
Total liabilities and stockholders' equity |
$ 255,373 |
|
$ 257,094 |
|
$ 283,100 |