CONSOLIDATED  BALANCE SHEETS

(Unaudited)

June 29,

March 30, 

June 30,

2019

2019

2018

(in thousands) 

ASSETS

Current assets:

Cash and cash equivalents

$    1,757,342

$    1,654,563

$    1,543,484

Short-term investments

140,990

243,864

1,082,915

Total cash, cash equivalents and short-term investments

1,898,332

1,898,427

2,626,399

Accounts receivable, net

360,016

381,152

280,072

Inventories

246,512

272,832

282,390

Other current assets

34,640

24,358

21,548

Total current assets

2,539,500

2,576,769

3,210,409

Property, plant and equipment, net

577,722

571,955

579,364

Intangible assets, net

56,242

61,036

78,246

Goodwill

532,251

532,251

532,251

Other assets

38,267

61,843

51,291

     TOTAL ASSETS

$    3,743,982

$    3,803,854

$    4,451,561

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$         84,335

$         86,798

$         92,572

Price adjustment and other revenue reserves

100,490

106,011

-

Income taxes payable

33,765

44,179

17,961

Accrued salary and related expenses

118,704

128,365

151,682

Accrued expenses

33,873

33,644

35,774

Current portion of long-term debt

-

-

499,406

Total current liabilities

371,167

398,997

797,395

Long-term debt

992,584

992,225

991,147

Income taxes payable

469,418

688,780

661,336

Other liabilities

65,537

61,105

70,743

Total liabilities

1,898,706

2,141,107

2,520,621

Stockholders' equity:

Common stock and capital in excess of par value

272

279

279

Retained earnings

1,856,358

1,672,938

1,945,646

Accumulated other comprehensive loss

(11,354)

(10,470)

(14,985)

Total stockholders' equity

1,845,276

1,662,747

1,930,940

TOTAL LIABILITIES & STOCKHOLDERS' EQUITY

$3,743,982

$3,803,854

$4,451,561