Integrated Silicon Solution, Inc.

Condensed Consolidated Balance Sheets

(In thousands)

September 30,

September 30,

2014

2013

(unaudited)

(1)

ASSETS

Current assets:

  Cash and cash equivalents

$  137,534

$  119,997

  Restricted cash

1,000

-

  Short-term investments

1,477

21,558

  Accounts receivable, net

50,458

46,088

  Inventories

85,093

68,469

  Other current assets

18,901

16,928

Total current assets

294,463

273,040

Property and equipment, net

58,847

46,504

Purchased intangible assets, net

5,093

6,626

Goodwill

9,178

9,178

Other assets

32,761

26,521

Total assets

$  400,342

$  361,869

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

  Accounts payable

$    54,554

$    50,229

  Accrued compensation and benefits

9,875

8,072

  Accrued expenses

11,365

7,357

  Current portion of long-term debt

195

195

Total current liabilities 

75,989

65,853

Long-term debt

4,339

4,534

Other long-term liabilities

5,456

8,712

Total liabilities

85,784

79,099

Commitments and contingencies

Stockholders' equity:

  Common stock

3

3

  Additional paid-in capital

364,587

343,947

  Accumulated deficit

(51,076)

(72,498)

  Accumulated other comprehensive income (loss)

(1,044)

9,121

Total ISSI stockholders' equity

312,470

280,573

  Noncontrolling interest

2,088

2,197

Total stockholders' equity

314,558

282,770

Total liabilities and stockholders' equity

$  400,342

$  361,869

(1) Derived from audited financial statements.