Intersil Corporation

Condensed Consolidated Balance Sheets

Unaudited

(in thousands)

Jul. 1

Apr. 1,

Jul. 3

2016

2016

2015

Assets

Current assets:

  Cash and cash equivalents 

$    256,864

$   253,606

$      224,962

  Trade receivables, net

53,578

49,000

55,972

  Inventories

69,477

64,316

71,816

  Prepaid expenses and other current assets

6,162

12,843

6,563

  Income taxes receivable

7,573

7,608

1,073

  Deferred income tax assets

-

-

20,724

     Total current assets

393,654

387,373

381,110

Non-current assets:

  Property, plant and equipment, net

57,520

69,069

74,224

  Purchased intangibles, net

26,112

28,979

24,813

  Goodwill

571,770

571,770

565,424

  Deferred income tax assets

63,484

63,139

44,493

  Other non-current assets

32,053

32,238

33,574

     Total non-current assets

750,939

765,195

742,528

Total assets

$ 1,144,593

$1,152,568

$   1,123,638

Liabilities and shareholders' equity

Current liabilities:

  Trade payables

24,245

23,137

23,419

  Deferred income

15,881

13,796

15,992

  Income taxes payable

5,587

6,275

1,761

  Provision for TAOS litigation

78,557

77,744

79,017

  Other accrued expenses

54,393

50,206

53,068

    Total current liabilities

178,663

171,158

173,257

Non-current liabilities:

  Income taxes payable

1,643

1,622

2,944

  Other non-current liabilities

13,316

14,627

12,244

    Total non-current liabilities

14,959

16,249

15,188

Total shareholders' equity

950,971

965,161

935,193

Total liabilities and shareholders' equity

$ 1,144,593

$1,152,568

$   1,123,638