Intersil Corporation

Condensed Consolidated Balance Sheets

Unaudited

(in thousands)

Apr. 1,

Jan. 1,

Apr. 3, 

2016

2016

2015

Assets

Current assets:

  Cash and cash equivalents 

$    253,606

$    247,403

$     220,900

  Trade receivables, net

49,000

42,684

51,236

  Inventories

64,316

65,334

77,798

  Prepaid expenses and other current assets

12,843

7,176

14,301

  Income taxes receivable

7,608

7,584

1,129

  Deferred income tax assets

-

-

20,615

     Total current assets

387,373

370,181

385,979

Non-current assets:

  Property, plant and equipment, net

69,069

71,044

73,073

  Purchased intangibles, net

28,979

32,507

28,839

  Goodwill

571,770

571,770

565,424

  Deferred income tax assets

63,139

63,139

38,779

  Other non-current assets

32,238

29,977

71,297

     Total non-current assets

765,195

768,437

777,412

Total assets

$ 1,152,568

$ 1,138,618

$  1,163,391

Liabilities and stockholders' equity

Current liabilities:

  Trade payables

23,137

23,382

22,544

  Deferred income

13,796

14,482

13,442

  Income taxes payable

6,275

3,270

5,764

  Provision for TAOS litigation

77,744

77,988

79,470

  Other accrued expenses

50,206

48,913

68,522

    Total current liabilities

171,158

168,035

189,742

Non-current liabilities:

  Income taxes payable

1,622

1,609

60,661

  Other non-current liabilities

14,627

14,225

6,496

    Total non-current liabilities

16,249

15,834

67,157

Total stockholders' equity

965,161

954,749

906,492

Total liabilities and stockholders' equity

$ 1,152,568

$ 1,138,618

$  1,163,391