Atmel Reports Fourth Quarter and Full Year 2015 Financial Results

 

ATMEL CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

(Unaudited)










December 31, 


December 31, 


2015


2014





Current assets




Cash and cash equivalents

$           210,252


$           206,937

Accounts receivable, net

195,481


222,021

Inventories

257,376


278,242

Prepaids and other current assets

35,299


89,101

Total current assets

698,408


796,301

Fixed assets, net

131,154


158,281

Goodwill

188,237


191,088

Intangible assets, net

38,943


50,286

Other assets

203,676


166,348

Total assets

$        1,260,418


$        1,362,304





Current liabilities




Trade accounts payable

$             59,470


$             97,467

Accrued and other liabilities

113,012


147,109

Deferred income on shipments to distributors

38,710


49,059

Total current liabilities

211,192


293,635

Long-term debt

55,000


75,000

Other long-term liabilities

117,542


123,670

Total liabilities

383,734


492,305

Total Atmel stockholders' equity 

873,660


866,986

Noncontrolling interest

3,024


3,013

Stockholders' equity

876,684


869,999

Total liabilities and stockholders' equity

$       1,260,418


$       1,362,304


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