Microchip Technology Announces Financial Results For Third Quarter Fiscal Year 2016

 

MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)










ASSETS









December 31,


March 31,


2015


2015


(Unaudited)



Cash and short-term investments

$

1,007,900



$

1,958,869


Accounts receivable, net

248,006



273,937


Inventories

319,524



279,456


Deferred tax assets



71,045


Assets held for sale



13,989


Other current assets

57,291



67,321


Total current assets

1,632,721



2,664,617






Property, plant & equipment, net

622,842



581,572


Long-term investments

1,389,989



383,326


Other assets

1,801,001



1,151,198


Total assets

$

5,446,553



$

4,780,713










LIABILITIES AND EQUITY









Accounts payable and other accrued liabilities

$

180,332



$

187,844


Deferred income on shipments to distributors

163,582



166,128


Total current liabilities

343,914



353,972






Long-term line of credit

1,008,452



461,952


Senior convertible debentures

1,203,048



1,174,036


Junior convertible debentures

194,974



190,870


Long-term income tax payable

106,081



114,336


Long-term deferred tax liability

422,667



381,192


Other long-term liabilities

41,073



43,329






Microchip Technology stockholders' equity

2,126,344



2,044,654


Noncontrolling interests



16,372


Total equity

2,126,344



2,061,026


Total liabilities and equity

$

5,446,553



$

4,780,713



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