ATMEL CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

(Unaudited)

September 30,

December 31, 

2014

2013

Current assets

Cash and cash equivalents

$           219,887

$          276,881

Short-term investments

-

2,181

Accounts receivable, net

215,830

206,757

Inventories

263,380

274,967

Prepaids and other current assets

91,175

92,234

Total current assets

790,272

853,020

Fixed assets, net

188,327

184,983

Goodwill

195,005

108,240

Intangible assets, net

53,472

28,116

Other assets

171,449

178,167

Total assets

$       1,398,525

$       1,352,526

Current liabilities

Trade accounts payable

$           110,351

$             95,872

Accrued and other liabilities

123,494

155,406

Deferred income on shipments to distributors

48,688

42,594

Total current liabilities

282,533

293,872

Other long-term liabilities

212,205

120,727

Total liabilities

494,738

414,599

Stockholders' equity

903,787

937,927

Total liabilities and stockholders' equity

$       1,398,525

$       1,352,526