Rambus Reports Fourth Quarter and Year-End Financial Results
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Press Release Financials
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Rambus
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4440 El Camino Real
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Los Altos, CA 94022
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Condensed Consolidated Balance Sheets
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(In thousands)
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(Unaudited)
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December 31,
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December 31,
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2008
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2007
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ASSETS
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Current assets:
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Cash and cash equivalents
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$
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116,241
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$
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119,391
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Marketable securities
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229,612
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321,491
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Accounts receivable
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614
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442
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Unbilled receivables
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889
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1,478
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Prepaids and other current assets
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7,871
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8,349
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Deferred taxes
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88
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11,595
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Total current assets
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355,315
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462,746
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Restricted cash
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632
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2,286
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Deferred taxes, long-term
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1,857
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116,209
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Intangible assets, net
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7,244
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13,441
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Property and equipment, net
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22,290
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24,587
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Goodwill
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4,454
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4,454
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Other non-current assets
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4,483
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3,624
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Total assets
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$
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396,275
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$
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627,347
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LIABILITIES AND STOCKHOLDERS' EQUITY
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Current liabilities:
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Accounts payable
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$
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6,374
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$
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11,283
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Accrued payroll and related benefits
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9,859
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9,985
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Accrued litigation expenses
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14,265
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26,234
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Other accrued liabilities
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3,201
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5,894
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Deferred revenue
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1,787
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2,756
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Total current liabilities
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35,486
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56,152
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Long-term liabilities:
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Convertible notes
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136,950
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160,000
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Other long-term liabilities
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2,854
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4,111
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Total long-term liabilities
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139,804
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164,111
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Total stockholders' equity:
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220,985
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407,084
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Total liabilities and stockholders' equity
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$
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396,275
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$
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627,347
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