Silicon Labs Reports Second Quarter 2023 Results

 

Silicon Laboratories Inc.

Condensed Consolidated Balance Sheets

(In thousands, except per share data)

(Unaudited)



July 1,

2023


December 31,

2022

Assets




Current assets:




   Cash and cash equivalents

$   234,813


$   499,915

   Short-term investments

271,063


692,024

   Accounts receivable, net

98,256


71,437

   Inventories

145,523


100,417

   Prepaid expenses and other current assets

71,322


97,570

Total current assets

820,977


1,461,363

Property and equipment, net

152,358


152,016

Goodwill

376,389


376,389

Other intangible assets, net

72,003


84,907

Other assets, net

97,072


94,753

Total assets

$1,518,799


$2,169,428





Liabilities and Stockholders' Equity




Current liabilities:




   Accounts payable

$     55,102


$     89,860

   Revolving line of credit

80,000


--

   Deferred revenue and returns liability

11,105


6,780

   Other current liabilities

72,339


89,136

Total current liabilities

218,546


185,776

Convertible debt, net

--


529,573

Other non-current liabilities

41,356


49,071

Total liabilities

259,902


764,420

Commitments and contingencies




Stockholders' equity:




   Preferred stock – $0.0001 par value; 10,000 shares authorized; no

      shares issued

--


--

   Common stock – $0.0001 par value; 250,000 shares authorized;  

      31,861 and 31,994 shares issued and outstanding at

      July 1, 2023 and December 31, 2022, respectively

3


3

   Retained earnings

1,262,984


1,415,693

   Accumulated other comprehensive loss

(4,090)


(10,688)

Total stockholders' equity

1,258,897


1,405,008

Total liabilities and stockholders' equity

$1,518,799


$2,169,428


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise