CONSOLIDATED  BALANCE SHEETS

(Unaudited)

June 26, 2021

March 27, 2021

June 27, 2020

(in thousands)

ASSETS

Current assets:

Cash and cash equivalents

$      2,291,399

$          2,033,973

$      1,578,670

Short-term investments

-

-

35,536

Total cash, cash equivalents and short-term investments

2,291,399

2,033,973

1,614,206

Accounts receivable, net

658,829

571,042

404,778

Inventories

237,414

242,343

259,626

Other current assets

30,643

27,440

39,219

Total current assets

3,218,285

2,874,798

2,317,829

Property, plant and equipment, net

554,339

543,848

550,406

Intangible assets, net

66,998

70,891

87,959

Goodwill

562,540

562,541

562,540

Other assets

120,937

120,149

110,569

TOTAL ASSETS

$      4,523,099

$          4,172,227

$      3,629,303

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$         129,710

$             102,263

$           91,982

Price adjustment and other revenue reserves

259,411

214,366

148,916

Income taxes payable

49,568

53,694

43,457

Accrued salary and related expenses

150,656

128,553

126,751

Accrued expenses

47,967

35,627

42,228

Total current liabilities

637,312

534,503

453,334

Long-term debt

995,460

995,100

994,022

Income taxes payable

343,964

351,738

385,072

Other liabilities

130,423

141,721

139,418

Total liabilities

2,107,159

2,023,062

1,971,846

Stockholders' equity:

Common stock and capital in excess of par value

269

268

266

Additional paid-in capital

58,055

47,801

-

Retained earnings

2,370,900

2,117,161

1,671,786

Accumulated other comprehensive loss

(13,284)

(16,065)

(14,595)

Total stockholders' equity

2,415,940

2,149,165

1,657,457

TOTAL LIABILITIES & STOCKHOLDERS' EQUITY

$      4,523,099

$          4,172,227

$      3,629,303