|
Marvell Technology Group Ltd. |
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|
Condensed Consolidated Balance Sheets (Unaudited) |
||||||||
|
(In thousands) |
||||||||
|
November 3,
|
February 3,
|
|||||||
|
Assets |
||||||||
|
Current assets: |
||||||||
|
Cash and cash equivalents |
$ |
610,261 |
$ |
888,482 |
||||
|
Short-term investments |
— |
952,790 |
||||||
|
Accounts receivable, net |
453,775 |
280,395 |
||||||
|
Inventories |
376,210 |
170,039 |
||||||
|
Prepaid expenses and other current assets |
49,230 |
41,482 |
||||||
|
Assets held for sale |
30,745 |
30,767 |
||||||
|
Total current assets |
1,520,221 |
2,363,955 |
||||||
|
Property and equipment, net |
313,113 |
202,222 |
||||||
|
Goodwill |
5,499,145 |
1,993,310 |
||||||
|
Acquired intangible assets, net |
2,639,370 |
— |
||||||
|
Other non-current assets |
260,176 |
148,800 |
||||||
|
Total assets |
$ |
10,232,025 |
$ |
4,708,287 |
||||
|
Liabilities and Shareholders' Equity |
||||||||
|
Current liabilities: |
||||||||
|
Accounts payable |
$ |
209,562 |
$ |
145,236 |
||||
|
Accrued liabilities |
302,095 |
86,958 |
||||||
|
Accrued employee compensation |
141,602 |
127,711 |
||||||
|
Deferred income |
2,947 |
61,237 |
||||||
|
Total current liabilities |
656,206 |
421,142 |
||||||
|
Long-term debt |
1,805,734 |
— |
||||||
|
Non-current income taxes payable |
53,862 |
56,976 |
||||||
|
Deferred tax liabilities |
108,016 |
52,204 |
||||||
|
Other non-current liabilities |
32,928 |
36,552 |
||||||
|
Total liabilities |
2,656,746 |
566,874 |
||||||
|
Shareholders' equity: |
||||||||
|
Common stock |
1,314 |
991 |
||||||
|
Additional paid-in capital |
6,157,283 |
2,733,292 |
||||||
|
Accumulated other comprehensive loss |
— |
(2,322) |
||||||
|
Retained earnings |
1,416,682 |
1,409,452 |
||||||
|
Total shareholders' equity |
7,575,279 |
4,141,413 |
||||||
|
Total liabilities and shareholders' equity |
$ |
10,232,025 |
$ |
4,708,287 |
||||
