Note 4 - Balance Sheet Components

3 Months Ended

Mar. 31, 2026

Notes to Financial Statements

Supplemental Balance Sheet Disclosures [Text Block]

4.  BALANCE SHEET COMPONENTS

Inventories

Inventories consist of the following (in thousands):

	March 31,		December 31,
	2026		2025
Raw materials	$	86,218	$	107,801
Work in process		263,067		220,410
Finished goods		269,874		236,438
Total	$	619,159	$	564,649

Other Current Assets

Other current assets consist of the following (in thousands):

	March 31,		December 31,
	2026		2025
Prepaids and other	$	42,689	$	46,982
Other receivables (1)		-		60,000
Total	$	42,689	$	106,982

(1) Other receivables relate to an annually refundable deposit made to a supplier under a long-term wafer supply agreement. The deposit was received in the quarter ended March 31, 2026.

Other Long-Term Assets

Other long-term assets consist of the following (in thousands):

	March 31,		December 31,
	2026		2025
Deferred compensation plan assets	$	106,031	$	107,096
Refundable deposit (1)		40,000		-
Other		60,584		57,995
Total	$	206,615	$	165,091

(1) The refundable deposit as of March 31, 2026 is for a long-term assembly service agreement.

Other Accrued Liabilities

Other accrued liabilities consist of the following (in thousands):

	March 31,		December 31,
	2026		2025
Dividends and dividend equivalents	$	103,485	$	81,510
Stock rotation and sales returns		21,635		17,150
Income tax payable		28,912		2,920
Other		59,659		43,550
Total	$	213,691	$	145,130

Other Long-Term Liabilities

Other long-term liabilities consist of the following (in thousands):

	March 31,		December 31,
	2026		2025
Deferred compensation plan liabilities	$	96,374	$	103,954
Operating lease liabilities		19,968		19,972
Dividend equivalents		2,818		3,909
Total	$	119,160	$	127,835