Intersil Corporation

Condensed Consolidated Balance Sheets

Unaudited

(in thousands)

Jan. 2,

Oct. 3,

Jan. 3,

2015

2014

2014

Assets

Current assets:

Cash and short-term investments

$    211,216

$    210,582

$    194,787

Trade receivables, net

55,585

58,680

49,466

Inventories

73,770

67,651

62,408

Prepaid expenses and other current assets

9,779

9,945

9,752

Income taxes receivable

1,162

1,450

1,091

Deferred income tax assets

20,433

14,337

22,328

   Total current assets

371,945

362,645

339,832

Non-current assets:

Property, plant and equipment, net

72,272

73,755

81,867

Purchased intangibles, net

34,400

39,959

56,641

Goodwill

565,424

565,424

565,424

Deferred income tax assets

39,334

53,455

73,008

Other non-current assets

70,885

71,720

74,624

   Total non-current assets

782,315

804,313

851,564

Total assets

$ 1,154,260

$ 1,166,958

$ 1,191,396

Liabilities and shareholders' equity

Current liabilities:

Trade payables

$      26,246

$      26,809

$      26,248

Deferred income

11,631

10,821

11,936

Income taxes payable

2,790

6,105

14,588

Other accrued expenses

64,847

66,151

77,117

   Total current liabilities

105,514

109,886

129,889

Non-current liabilities:

Income taxes payable

59,745

72,887

90,102

Other non-current liabilities

7,453

8,991

13,603

   Total non-current liabilities

67,198

81,878

103,705

Total shareholders' equity

981,548

975,194

957,802

Total liabilities and shareholders' equity

$ 1,154,260

$ 1,166,958

$ 1,191,396