EXAR CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS  

(In thousands)

(Unaudited)

MARCH 27,

DECEMBER 27,

MARCH 29,

2016

2015

2015

ASSETS

Current assets:

Cash and cash equivalents

$       55,070

$               53,449

$       55,233

Accounts receivable, net

29,557

27,079

27,459

Accounts receivable, related party, net

3,247

4,554

1,663

Inventories

28,751

28,659

30,767

Other current assets

2,133

2,018

3,090

Total current assets

118,758

115,759

118,212

Property, plant and equipment, net

20,388

21,567

26,077

Goodwill

44,871

44,871

44,871

Intangible assets, net

70,680

74,119

86,102

Other non-current assets

676

778

7,838

Total assets

$     255,373

$             257,094

$     283,100

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities: 

Accounts payable

$       13,282

$               13,234

$       13,526

Accrued compensation and related benefits

3,652

4,207

5,649

Deferred income and allowances on sales to distributors

3,077

2,479

3,362

Deferred income and allowances on sales to distributors, related party

4,683

4,141

6,982

Other current liabilities

11,423

12,421

21,287

       Total current liabilities

36,117

36,482

50,806

Long-term lease financing obligations

1,285

1,714

5,069

Other non-current obligations 

3,422

3,420

4,393

Total liabilities

40,824

41,616

60,268

Stockholders' equity

214,549

215,478

222,832

Total liabilities and stockholders' equity

$     255,373

$             257,094

$     283,100