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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 26, 2022
Mar. 27, 2021
Current assets:    
Cash and cash equivalents $ 369,814 $ 442,164
Marketable securities 10,601 55,697
Accounts receivable, net 240,264 108,712
Inventories 138,436 173,263
Prepaid assets 40,822 37,576
Other current assets 40,078 25,107
Total current assets 840,015 842,519
Long-term marketable securities 63,749 312,759
Right-of-use lease assets 171,003 133,548
Property and equipment, net 157,077 154,942
Intangibles, net 158,145 22,031
Goodwill 435,791 287,518
Deferred tax assets 11,068 9,977
Long-term prepaid wafers 195,000 0
Other assets 91,552 67,320
Total assets 2,123,400 1,830,614
Current liabilities:    
Accounts payable 115,417 102,744
Accrued salaries and benefits 65,261 54,849
Software license agreements 21,736 28,006
Current lease liabilities 14,680 14,573
Acquisition-related liabilities 30,964 0
Other accrued liabilities 16,725 13,438
Total current liabilities 264,783 213,610
Long-term liabilities:    
Software license agreements 13,563 36,096
Non-current income taxes 73,383 64,020
Non-current lease liabilities 163,162 127,883
Long-term acquisition-related liabilities 8,692 0
Total long-term liabilities 258,800 227,999
Stockholders’ equity:    
Preferred stock, 5.0 million shares authorized but unissued 0 0
Common stock, $0.001 par value, 280,000 shares authorized, 56,596 shares and 57,652 shares issued and outstanding at March 26, 2022 and March 27, 2021, respectively 57 58
Additional paid-in capital 1,578,370 1,498,761
Accumulated earnings (deficit) 23,435 (112,689)
Accumulated other comprehensive income (loss) (2,045) 2,875
Total stockholders’ equity 1,599,817 1,389,005
Total liabilities and stockholders’ equity $ 2,123,400 $ 1,830,614