Intersil Corporation

Condensed Consolidated Balance Sheets

Unaudited

(in thousands)

Sep. 30

Jul. 1

Oct. 2

2016

2016

2015

Assets

Current assets:

  Cash and cash equivalents 

$          284,047

$    256,864

$    228,898

  Trade receivables, net

61,628

53,578

51,158

  Inventories

68,277

69,477

68,967

  Prepaid expenses and other current assets

9,332

6,162

7,647

  Income taxes receivable

4,529

7,573

1,030

  Deferred income tax assets

-

-

20,977

  Assets held for sale

4,901

-

-

     Total current assets

432,714

393,654

378,677

Non-current assets:

  Property, plant and equipment, net

51,572

57,520

72,227

  Purchased intangibles, net

23,443

26,112

36,768

  Goodwill

571,770

571,770

571,770

  Deferred income tax assets

59,385

63,484

39,916

  Other non-current assets

31,255

32,053

32,289

     Total non-current assets

737,425

750,939

752,970

Total assets

$       1,170,139

$ 1,144,593

$ 1,131,647

Liabilities and stockholders' equity

Current liabilities:

  Trade payables

21,912

24,245

24,011

  Deferred income

18,077

15,881

14,632

  Income taxes payable

3,301

5,587

1,689

  Provision for the TAOS litigation

78,317

78,557

78,014

  Other accrued expenses and liabilities

61,362

54,393

52,844

    Total current liabilities

182,969

178,663

171,190

Non-current liabilities:

  Income taxes payable

1,653

1,643

3,199

  Other non-current liabilities

10,792

13,316

13,947

    Total non-current liabilities

12,445

14,959

17,146

Total stockholders' equity

974,725

950,971

943,311

Total liabilities and stockholders' equity

$       1,170,139

$ 1,144,593

$ 1,131,647