INTEGRATED DEVICE TECHNOLOGY, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands)

Apr. 1, 2018

Apr. 2, 2017

ASSETS

Current assets:

Cash and cash equivalents

$   136,873

$   214,554

Short-term investments

222,026

191,492

Accounts receivable, net

108,779

89,312

Inventories

68,702

52,288

Prepayments and other current assets

12,734

13,054

Total current assets

549,114

560,700

Property, plant and equipment, net

86,845

80,961

Goodwill

420,117

306,925

Intangible assets, net

180,781

108,818

Deferred tax assets 

11,764

85,831

Other assets

61,910

40,399

TOTAL ASSETS

$1,310,531

$1,183,634

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$     41,070

$     42,020

Accrued compensation and related expenses

44,002

26,624

Deferred income on shipments to distributors

-

1,985

Current portion of bank loan

2,000

-

Other accrued liabilities

26,524

20,205

Total current liabilities

113,596

90,834

Deferred tax liabilities

10,221

13,835

Long-term income tax payable

25,034

867

Convertible notes

299,551

285,541

Long-term bank loan, net

191,073

-

Other long-term liabilities

25,684

18,894

Total liabilities

665,159

409,971

Stockholders' equity

645,372

773,663

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

$1,310,531

$1,183,634