|
Virage Logic Corporation Unaudited Condensed Consolidated Balance Sheets (In thousands) |
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|
June 30,
2008 |
September 30,
2007 |
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| ASSETS | |||||||||
| Current assets: | |||||||||
| Cash and cash equivalents | $ | 18,670 | $ | 14,820 | |||||
| Short-term investments | 24,990 | 42,840 | |||||||
| Accounts receivable, net | 15,156 | 12,170 | |||||||
| Costs in excess of related billings on uncompleted contracts | 1,302 | 1,134 | |||||||
| Deferred tax assets – current | 1,938 | 1,939 | |||||||
| Prepaid expenses and other current assets | 3,085 | 4,766 | |||||||
| Taxes receivable | 2,600 | 2,320 | |||||||
| Total current assets | 67,741 | 79,989 | |||||||
| Property, equipment and leasehold improvements, net | 3,629 | 3,643 | |||||||
| Goodwill | 12,011 | 11,355 | |||||||
| Other intangible assets, net | 6,689 | 2,705 | |||||||
| Deferred tax assets | 14,227 | 13,178 | |||||||
| Long-term investments | 29,578 | 17,528 | |||||||
| Other long-term assets | 328 | 473 | |||||||
| Total assets | $ | 134,203 | $ | 128,871 | |||||
| LIABILITIES AND STOCKHOLDERS ’ EQUITY | |||||||||
| Current liabilities: | |||||||||
| Accounts payable | $ | 476 | $ | 1,027 | |||||
| Accrued expenses | 7,500 | 4,659 | |||||||
| Deferred revenue | 7,903 | 8,996 | |||||||
| Income taxes payable | 2,867 | 2,992 | |||||||
| Total current liabilities | 18,746 | 17,674 | |||||||
| Deferred tax liabilities | 978 | 978 | |||||||
| Total liabilities | 19,724 | 18,652 | |||||||
| Stockholders ’ equity: | |||||||||
| Common stock | 24 | 23 | |||||||
| Additional paid-in capital | 139,786 | 135,926 | |||||||
| Accumulated other comprehensive income | 807 | 1,009 | |||||||
| Accumulated deficit | (26,138 | ) | (26,739 | ) | |||||
| Total stockholders ’ equity | 114,479 | 110,219 | |||||||
| Total liabilities and stockholders ’ equity | $ | 134,203 | $ | 128,871 | |||||
