Cirrus Logic Reports Fiscal Third Quarter Revenue of $95.6 Million, Up 47 Percent Year-Over-Year

 
CIRRUS LOGIC, INC.
CONSOLIDATED CONDENSED BALANCE SHEET
(in thousands)
 
  Dec. 25,   Mar. 27,   Dec. 26,
2010 2010 2009
(unaudited) (unaudited)
ASSETS
Current assets
Cash and cash equivalents $ 28,491 $ 16,109 $ 24,831
Restricted investments 5,755 5,855 5,755
Marketable securities 156,052 85,384 77,636
Accounts receivable, net 37,266 23,963 25,131
Inventories 40,196 35,396 30,408
Other current assets   22,612     18,148     6,318  
Total Current Assets 290,372 184,855 170,079
 
Long-term marketable securities - 34,278 25,235
Property and equipment, net 32,919 18,674 18,499
Intangibles, net 20,688 21,896 22,654
Goodwill 6,027 6,027 6,027
Other assets   1,978     1,880     1,906  
Total Assets $ 351,984   $ 267,610   $ 244,400  
 
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Accounts payable $ 25,371 $ 20,340 $ 25,172
Accrued salaries and benefits 9,509 9,962 7,609
Other accrued liabilities 5,034 5,100 5,047
Deferred income on shipments to distributors   7,108     6,488     4,033  

Total Current Liabilities

47,022 41,890 41,861
 
Long-term restructuring accrual 179 596 492
Other long-term obligations 6,113 6,523 6,555
 
Stockholders' equity:
Capital stock 982,610 952,803 950,023
Accumulated deficit (683,220 ) (733,553 ) (753,911 )
Accumulated other comprehensive loss   (720 )   (649 )   (620 )
Total Stockholders' Equity   298,670     218,601     195,492  
Total Liabilities and Stockholders' Equity $ 351,984   $ 267,610   $ 244,400  
 
Prepared in accordance with Generally Accepted Accounting Principles

« Previous Page 1 | 2 | 3 | 4 | 5  Next Page »



Review Article Be the first to review this article
Featured Video
Jobs
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
Principal Engineer FPGA Design for Intevac at Santa Clara, CA
Sr. Staff Design SSD ASIC Engineer for Toshiba America Electronic Components. Inc. at San Jose, CA
SOC Logic Design Engineer for Global Foundaries at Santa Clara, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Upcoming Events
DVCon 2017 Conference at DoubleTree Hotel San Jose CA - Feb 27 - 2, 2017
IoT Summit 2017 at Great America ballroom, Santa Clara Convention Center Santa Clara CA - Mar 16 - 17, 2017
SNUG Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Mar 22 - 23, 2017
CDNLive Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Apr 11 - 12, 2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy