INTEGRATED DEVICE TECHNOLOGY, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
Dec. 30, Apr. 1,
(In thousands) 2007 2007
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ASSETS
Current assets:
Cash and cash equivalents $ 170,035 $ 246,589
Short-term investments 114,695 113,344
Accounts receivable, net 92,278 89,986
Inventories 79,403 85,076
Deferred Taxes 7,910 7,308
Prepaid and other current assets 29,301 29,437
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Total current assets 493,622 571,740
Property, plant and equipment, net 83,176 93,058
Goodwill 1,034,118 1,038,064
Acquisition-related intangibles 228,974 314,484
Other assets 29,652 24,386
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TOTAL ASSETS $1,869,542 $2,041,732
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LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 45,082 $ 47,854
Accrued compensation and related expenses 23,802 30,882
Deferred income on shipments to distributors 28,806 34,343
Income taxes payable 8,807 30,514
Other accrued liabilities 17,069 22,445
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Total current liabilities 123,566 166,038
Deferred tax liabilities 20,521 20,603
Long term income taxes payable 21,400 -
Long term liabilities 17,277 16,001
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Total liabilities 182,764 202,642
Stockholders' equity 1,686,778 1,839,090
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TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $1,869,542 $2,041,732
========== ==========
Contact:
IDT Investor Relations
Mike Knapp, 408-284-6515 (Financial)
Email Contact
or
IDT
Worldwide Marketing
Chad Taggard, 408-284-8200 (Press)
Email Contact
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