Microchip Technology Announces Record Financial Results For Fourth Quarter And Fiscal Year 2016

 

MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)









ASSETS






March 31,


March 31,


2016


2015


(Unaudited)



Cash and short-term investments

$

2,446,035



$

1,958,869


Accounts receivable, net

290,183



273,937


Inventories

306,815



279,456


Deferred tax assets



71,045


Assets held for sale



13,989


Other current assets

53,680



67,321


Total current assets

3,096,713



2,664,617






Property, plant & equipment, net

609,396



581,572


Long-term investments

118,549



383,326


Other assets

1,742,857



1,151,198


Total assets

$

5,567,515



$

4,780,713










LIABILITIES AND EQUITY





Accounts payable and other accrued liabilities

$

198,577



$

187,844


Deferred income on shipments to distributors

183,432



166,128


Total current liabilities

382,009



353,972






Long-term line of credit

1,052,000



461,952


Senior convertible debentures

1,234,733



1,174,036


Junior convertible debentures

196,304



190,870


Long-term income tax payable

111,061



114,336


Long-term deferred tax liability

399,218



381,192


Other long-term liabilities

41,271



43,329






Microchip Technology stockholders' equity

2,150,919



2,044,654


Noncontrolling interests



16,372


Total equity

2,150,919



2,061,026


Total liabilities and equity

$

5,567,515



$

4,780,713



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