CAVIUM, INC.
Unaudited GAAP Condensed Consolidated Balance Sheets
(in thousands)

As of

June 30, 2016

March 31, 2016

Assets

Current assets

Cash and cash equivalents

$

140,419

$

129,629

Accounts receivable, net

82,137

79,594

Inventories

52,702

48,092

Prepaid expenses and other current assets

10,109

8,233

Total current assets

285,367

265,548

Property and equipment, net

64,917

63,303

Intangible assets, net

36,698

37,907

Goodwill

71,478

71,478

Other assets

1,822

1,738

Total assets

$

460,282

$

439,974

Liabilities and Stockholders' Equity

Current liabilities

Accounts payable

$

30,024

$

25,668

Other accrued expenses and other current liabilities

16,447

8,326

Deferred revenue

7,856

6,425

Capital lease and technology license obligations

17,380

17,286

Total current liabilities

71,707

57,705

Capital lease and technology license obligations, net of current

4,182

6,932

Deferred tax liability

3,923

3,785

Other non-current liabilities

4,140

2,907

Total liabilities

83,952

71,329

Stockholders' equity

Common stock

58

57

Additional paid-in capital

576,927

561,833

Accumulated deficit

(200,655)

(193,245)

Total stockholders' equity

376,330

368,645

Total liabilities and stockholders' equity

$

460,282

$

439,974