MAXLINEAR, INC.
UNAUDITED GAAP CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) | |||||||||||||||||
March 31, 2018 | December 31, 2017 | March 31, 2017 | |||||||||||||||
Assets | |||||||||||||||||
Current assets: | |||||||||||||||||
Cash and cash equivalents | $ | 55,645 | $ | 71,872 | $ | 89,121 | |||||||||||
Short-term restricted cash | 617 | 1,476 | 615 | ||||||||||||||
Short-term investments, available-for-sale | — | — | 63,637 | ||||||||||||||
Accounts receivable, net | 90,632 | 66,099 | 57,836 | ||||||||||||||
Inventory | 45,758 | 53,434 | 31,685 | ||||||||||||||
Prepaid expenses and other current assets | 8,413 | 8,423 | 5,535 | ||||||||||||||
Total current assets | 201,065 | 201,304 | 248,429 | ||||||||||||||
Long-term restricted cash | 1,071 | 1,064 | 1,502 | ||||||||||||||
Property and equipment, net | 21,993 | 22,658 | 19,162 | ||||||||||||||
Intangible assets, net | 298,031 | 315,045 | 99,679 | ||||||||||||||
Goodwill | 237,810 | 237,992 | 75,673 | ||||||||||||||
Deferred tax assets | 41,426 | 39,878 | — | ||||||||||||||
Other long-term assets | 7,318 | 6,921 | 1,652 | ||||||||||||||
Total assets | $ | 808,714 | $ | 824,862 | $ | 446,097 | |||||||||||
Liabilities and stockholders’ equity | |||||||||||||||||
Current liabilities | $ | 67,061 | $ | 76,386 | $ | 64,555 | |||||||||||
Long-term debt | 322,896 | 347,609 | — | ||||||||||||||
Other long-term liabilities | 12,309 | 13,443 | 15,529 | ||||||||||||||
Total stockholders’ equity | 406,448 | 387,424 | 366,013 | ||||||||||||||
Total liabilities and stockholders’ equity | $ | 808,714 | $ | 824,862 | $ | 446,097 |