CAVIUM, INC.

Unaudited GAAP Condensed Consolidated Balance Sheets

(in thousands)

As of

December 31, 2017

September 30, 2017

Assets

Current assets

Cash and cash equivalents

$

140,498

$

152,654

Accounts receivable, net

230,143

186,447

Inventories

93,674

94,879

Prepaid expenses and other current assets

22,794

23,510

Total current assets

487,109

457,490

Property and equipment, net

192,515

169,747

Intangible assets, net

664,769

692,994

Goodwill

237,692

237,692

Other assets

7,240

5,757

Total assets

$

1,589,325

$

1,563,680

Liabilities and Stockholders' Equity

Current liabilities

Accounts payable

$

91,318

$

74,207

Accrued expenses and other current liabilities

38,753

44,898

Deferred revenue

9,236

9,501

Current portion of long-term debt

3,270

3,270

Capital lease and technology license obligations

31,435

27,803

Total current liabilities

174,012

159,679

Long-term debt

592,963

593,770

Capital lease and technology license obligations, net of current

15,370

15,025

Deferred tax liability

2,686

16,824

Other non-current liabilities

25,948

25,436

Total liabilities

810,979

810,734

Stockholders' equity

Common stock

69

69

Additional paid-in capital

1,183,819

1,157,386

Accumulated deficit

(406,352)

(405,302)

Accumulated other comprehensive income

810

793

Total stockholders' equity

778,346

752,946

Total liabilities and stockholders' equity

$

1,589,325

$

1,563,680