Integrated Silicon Solution, Inc.

Condensed Consolidated Balance Sheets

(In thousands)

June 30,

September 30,

2014

2013

(unaudited)

(1)

ASSETS

Current assets:

  Cash and cash equivalents

$  139,469

$  119,997

  Restricted cash

1,000

-

  Short-term investments

1,746

21,558

  Accounts receivable, net

50,329

46,088

  Inventories

80,097

68,469

  Other current assets

18,585

16,928

Total current assets

291,226

273,040

Property and equipment, net

50,221

46,504

Purchased intangible assets, net

5,440

6,626

Goodwill

9,178

9,178

Other assets

33,784

26,521

Total assets

$  389,849

$  361,869

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

  Accounts payable

$    46,982

$    50,229

  Accrued compensation and benefits

10,155

8,072

  Accrued expenses

10,834

7,357

  Current portion of long-term debt

195

195

Total current liabilities 

68,166

65,853

Long-term debt

4,388

4,534

Other long-term liabilities

5,083

8,712

Total liabilities

77,637

79,099

Commitments and contingencies

Stockholders' equity:

  Common stock

3

3

  Additional paid-in capital

360,293

343,947

  Accumulated deficit

(52,065)

(72,498)

  Accumulated other comprehensive income

1,760

9,121

Total ISSI stockholders' equity

309,991

280,573

  Noncontrolling interest

2,221

2,197

Total stockholders' equity

312,212

282,770

Total liabilities and stockholders' equity

$  389,849

$  361,869

(1) Derived from audited financial statements.