CONSOLIDATED  BALANCE SHEETS

(Unaudited)

June 25,

March 26,

June 27,

2016

2016

2015

(in thousands) 

ASSETS

Current assets:

Cash and cash equivalents

$        2,105,229

$        1,710,340

$        1,550,965

Short-term investments

125,439

150,076

75,154

Total cash, cash equivalents and short-term investments

2,230,668

1,860,416

1,626,119

Accounts receivable, net 

256,531

278,502

278,844

Inventories

227,929

234,603

288,474

Deferred tax assets

-

-

77,306

Other current assets

91,920

80,792

48,660

Total current assets

2,807,048

2,454,313

2,319,403

Property, plant and equipment, net

692,551

748,781

1,090,739

Intangible assets, net

146,540

188,510

261,652

Goodwill

490,648

490,648

511,647

Other assets

84,100

74,972

24,422

Assets held for sale

13,729

13,733

8,208

       TOTAL ASSETS

$        4,234,616

$        3,970,957

$        4,216,071

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable 

$             82,535

$             82,696

$             88,322

Income taxes payable

21,153

30,907

34,779

Accrued salary and related expenses

166,698

151,411

181,360

Accrued expenses 

50,521

42,562

47,365

Deferred income on shipments to distributors

38,779

34,457

30,327

Short term debt

249,717

-

1,024

Total current liabilities

609,403

342,033

383,177

Long-term debt

990,090

989,489

987,687

Income taxes payable

480,645

451,099

410,378

Deferred tax liabilities

756

643

90,588

Other liabilities

45,908

48,930

54,221

Total liabilities 

2,126,802

1,832,194

1,926,051

Stockholders' equity:

Common stock

284

280

283

Additional paid-in capital 

-

-

27,859

Retained earnings 

2,121,749

2,154,767

2,279,112

Accumulated other comprehensive loss

(14,219)

(16,284)

(17,234)

Total stockholders' equity

2,107,814

2,138,763

2,290,020

        TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$        4,234,616

$        3,970,957

$        4,216,071