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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2024
Mar. 25, 2023
Current assets:    
Cash and cash equivalents $ 502,764 $ 445,784
Marketable securities 23,778 34,978
Accounts receivable, net 162,478 150,473
Inventories 227,248 233,450
Prepaid assets 48,047 35,507
Prepaid wafers 86,679 60,638
Other current assets 55,198 57,026
Total current assets 1,106,192 1,017,856
Long-term marketable securities 173,374 36,509
Right-of-use lease assets 138,288 128,145
Property and equipment, net 170,175 162,972
Intangibles, net 29,578 38,876
Goodwill 435,936 435,936
Deferred tax assets 48,649 35,580
Long-term prepaid wafers 60,750 134,363
Other assets 68,634 73,729
Total assets 2,231,576 2,063,966
Current liabilities:    
Accounts payable 55,545 81,462
Accrued salaries and benefits 47,612 50,606
Software license agreements 31,866 20,948
Current lease liabilities 20,640 18,442
Acquisition-related liabilities 0 21,361
Other accrued liabilities 30,730 23,521
Total current liabilities 186,393 216,340
Long-term liabilities:    
Non-current lease liabilities 134,576 122,631
Non-current income taxes 52,013 59,013
Software license agreements 41,073 6,570
Other long-term liabilities 507 1,130
Total long-term liabilities 228,169 189,344
Stockholders’ equity:    
Preferred stock, 5,000 shares authorized but unissued 0 0
Common stock, $0.001 par value, 280,000 shares authorized, 53,491 shares and 55,098 shares issued and outstanding at March 30, 2024 and March 25, 2023, respectively 53 55
Additional paid-in capital 1,760,648 1,670,086
Accumulated earnings (deficit) 58,916 (9,320)
Accumulated other comprehensive loss (2,603) (2,539)
Total stockholders’ equity 1,817,014 1,658,282
Total liabilities and stockholders’ equity $ 2,231,576 $ 2,063,966