Silicon Laboratories Inc.

Condensed Consolidated Balance Sheets

(In thousands, except per share data)

(Unaudited)

December 30,
2023

December 31,
2022

Assets

Current assets:

   Cash and cash equivalents

$   227,504

$   499,915

   Short-term investments

211,720

692,024

   Accounts receivable, net

29,295

71,437

   Inventories

194,295

100,417

   Prepaid expenses and other current assets

75,117

97,570

Total current assets

737,931

1,461,363

Property and equipment, net

145,890

152,016

Goodwill

376,389

376,389

Other intangible assets, net

59,533

84,907

Other assets, net

123,313

94,753

Total assets

$1,443,056

$2,169,428

Liabilities and Stockholders' Equity

Current liabilities:

   Accounts payable

$     57,498

$     89,860

   Revolving line of credit

45,000

--

   Deferred revenue and returns liability

2,117

6,780

   Other current liabilities

58,955

89,136

Total current liabilities

163,570

185,776

Convertible debt, net

--

529,573

Other non-current liabilities

70,804

49,071

Total liabilities

234,374

764,420

Commitments and contingencies

Stockholders' equity:

   Preferred stock – $0.0001 par value; 10,000 shares authorized; no

      shares issued

--

--

   Common stock – $0.0001 par value; 250,000 shares authorized;  

      31,897 and 31,994 shares issued and outstanding at

      December 30, 2023 and December 31, 2022, respectively

3

3

   Additional paid-in capital

16,973

--

   Retained earnings

1,192,731

1,415,693

   Accumulated other comprehensive loss

(1,025)

(10,688)

Total stockholders' equity

1,208,682

1,405,008

Total liabilities and stockholders' equity

$1,443,056

$2,169,428