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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 28, 2017
Jan. 30, 2016
Current assets:    
Cash and cash equivalents $ 814,092 $ 1,278,180
Short-term investments 854,268 1,004,569
Accounts receivable, net of provision for sales returns and allowances of $1,384 and $2,762 in fiscal 2017 and 2016, respectively 335,384 323,300
Inventories 171,969 200,958
Prepaid expenses and other current assets 58,771 102,560
Assets held for sale 45,846 45,095
Total current assets 2,280,330 2,954,662
Property and equipment, net 243,397 296,778
Long-term investments 4,615 11,296
Goodwill 2,003,413 2,003,413
Acquired intangible assets, net 3,571 11,947
Other non-current assets 113,324 164,031
Total assets 4,648,650 5,442,127
Current liabilities:    
Accounts payable 143,484 180,372
Accrued liabilities 143,491 132,060
Carnegie Mellon University accrued litigation settlement 0 736,000
Accrued employee compensation 139,647 121,631
Deferred income 68,124 53,973
Current liabilities held for sale 1,670 1,749
Total current liabilities 496,416 1,225,785
Non-current income taxes payable 60,646 49,256
Other non-current liabilities 63,937 26,963
Total liabilities 620,999 1,302,004
Commitments and contingencies (Note 10)
Shareholders’ equity:    
Preferred stock, $0.002 par value; 8,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.002 par value; 992,000 shares authorized; 506,095 and 507,572 shares issued and outstanding in fiscal 2017 and 2016, respectively 1,012 1,015
Additional paid-in capital 3,016,775 3,028,921
Accumulated other comprehensive income (loss) 23 (795)
Retained earnings 1,009,841 1,110,982
Total shareholders’ equity 4,027,651 4,140,123
Total liabilities and shareholders’ equity $ 4,648,650 $ 5,442,127