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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2025
Mar. 30, 2024
Current assets:    
Cash and cash equivalents $ 539,620 $ 502,764
Marketable securities 56,160 23,778
Accounts receivable, net 216,009 162,478
Inventories 299,092 227,248
Prepaid assets 48,236 48,047
Prepaid wafers 52,560 86,679
Other current assets 28,057 55,198
Total current assets 1,239,734 1,106,192
Long-term marketable securities 239,036 173,374
Right-of-use lease assets 126,688 138,288
Property and equipment, net 159,900 170,175
Intangibles, net 27,461 29,578
Goodwill 435,936 435,936
Deferred tax assets 48,150 48,649
Long-term prepaid wafers 15,512 60,750
Other assets 34,656 68,634
Total assets 2,327,073 2,231,576
Current liabilities:    
Accounts payable 63,162 55,545
Accrued salaries and benefits 52,075 47,612
Software license agreements 26,745 31,866
Current lease liabilities 21,811 20,640
Other accrued liabilities 31,395 30,730
Total current liabilities 195,188 186,393
Long-term liabilities:    
Non-current lease liabilities 121,908 134,576
Non-current income taxes 44,040 52,013
Software license agreements 16,488 41,073
Other long-term liabilities 0 507
Total long-term liabilities 182,436 228,169
Stockholders’ equity:    
Preferred stock, 5,000 shares authorized but unissued 0 0
Common stock, $0.001 par value, 280,000 shares authorized, 52,291 shares and 53,491 shares issued and outstanding at March 29, 2025 and March 30, 2024, respectively 52 53
Additional paid-in capital 1,860,229 1,760,648
Accumulated earnings 90,351 58,916
Accumulated other comprehensive loss (1,183) (2,603)
Total stockholders’ equity 1,949,449 1,817,014
Total liabilities and stockholders’ equity $ 2,327,073 $ 2,231,576