Marvell Technology Group Ltd.
Condensed Consolidated Balance Sheets
(Unaudited)
(In thousands)

April 29,
2017

January 28,
2017

Assets

Current assets:

Cash and cash equivalents

$

725,962

$

814,092

Short-term investments

923,449

854,268

Accounts receivable, net

357,147

335,384

Inventories

178,145

171,969

Prepaid expenses and other current assets

44,577

58,771

Assets held for sale

39,708

45,846

Total current assets

2,268,988

2,280,330

Property and equipment, net

239,358

243,397

Goodwill and acquired intangible assets, net

2,005,912

2,006,984

Other non-current assets

121,979

117,939

Total assets

$

4,636,237

$

4,648,650

Liabilities and Shareholders' Equity

Current liabilities:

Accounts payable

$

179,017

$

143,484

Accrued liabilities

154,315

143,491

Accrued employee compensation

132,118

139,647

Deferred income

74,064

68,124

Liabilities held for sale

746

1,670

Total current liabilities

540,260

496,416

Non-current income taxes payable

62,720

60,646

Other non-current liabilities

71,411

63,937

Total liabilities

674,391

620,999

Shareholders' equity:

Common stock

1,001

1,012

Additional paid-in capital

2,876,507

3,016,775

Accumulated other comprehensive income (loss)

(164)

23

Retained earnings

1,084,502

1,009,841

Total shareholders' equity

3,961,846

4,027,651

Total liabilities and shareholders' equity

$

4,636,237

$

4,648,650