CONSOLIDATED BALANCE SHEETS

(Unaudited)

December 26, 2020

September 26, 2020

December 28, 2019

(in thousands)

ASSETS

Current assets:

Cash and cash equivalents

$                  1,796,961

$                   1,595,089

$                  1,720,194

Short-term investments

8,879

17,022

63,006

Total cash, cash equivalents and short-term investments

1,805,840

1,612,111

1,783,200

Accounts receivable, net

485,773

449,376

348,342

Inventories

261,476

265,664

223,958

Other current assets

36,004

29,816

23,797

Total current assets

2,589,093

2,356,967

2,379,297

Property, plant and equipment, net

541,013

542,421

571,359

Intangible assets, net

76,166

82,679

48,509

Goodwill

562,540

562,540

532,251

Other assets

114,058

108,920

95,413

TOTAL ASSETS

$                  3,882,870

$                   3,653,527

$                  3,626,829

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$                       96,959

$                        86,831

$                       89,449

Price adjustment and other revenue reserves

180,215

144,255

105,237

Income taxes payable

35,197

53,655

38,307

Accrued salary and related expenses

99,057

115,460

94,739

Accrued expenses

44,969

46,119

32,739

Total current liabilities

456,397

446,320

360,471

Long-term debt

994,741

994,381

993,303

Income taxes payable

362,214

360,164

433,743

Other liabilities

143,457

141,643

112,803

Total liabilities

1,956,809

1,942,508

1,900,320

Stockholders' equity:

Common stock and capital in excess of par value

43,231

12,461

270

Retained earnings

1,897,098

1,713,153

1,737,528

Accumulated other comprehensive loss

(14,268)

(14,595)

(11,289)

Total stockholders' equity

1,926,061

1,711,019

1,726,509

TOTAL LIABILITIES & STOCKHOLDERS' EQUITY

$                  3,882,870

$                   3,653,527

$                  3,626,829