INTEGRATED DEVICE TECHNOLOGY, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands)

Dec. 30, 2018

Apr. 1, 2018

ASSETS

Current assets:

Cash and cash equivalents

$     287,239

$   136,873

Short-term investments

157,129

222,026

Accounts receivable, net

119,909

108,779

Inventories

66,142

68,702

Prepayments and other current assets

14,860

12,734

Total current assets

645,279

549,114

Property, plant and equipment, net

90,877

86,845

Goodwill

420,117

420,117

Intangible assets, net

163,585

180,781

Deferred tax assets 

10,970

11,764

Other assets

46,772

61,910

TOTAL ASSETS

$   1,377,600

$1,310,531

LIABILITIES, CONVERTIBLE NOTES CONVERSION OBLIGATION AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$       48,461

$     41,070

Accrued compensation and related expenses

46,497

44,002

Short-term convertible notes

310,535

-

Current portion of bank loan

192,698

2,000

Other accrued liabilities

45,434

26,524

Total current liabilities

643,625

113,596

Deferred tax liabilities

11,723

10,221

Long-term income tax payable

23,706

25,034

Convertible notes

-

299,551

Long-term bank loan, net

-

191,073

Other long-term liabilities

27,386

25,684

Total liabilities

706,440

665,159

Convertible notes conversion obligation

63,214

-

Stockholders' equity

607,946

645,372

TOTAL LIABILITIES, CONVERTIBLE NOTES CONVERSION OBLIGATION AND STOCKHOLDERS' EQUITY

$   1,377,600

$1,310,531