QORVO, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
(Unaudited)
| July 1, 2023 | April 1, 2023 | ||||
| ASSETS | |||||
| Current assets: | |||||
| Cash and cash equivalents | $ | 744,428 | $ | 808,757 | |
| Accounts receivable, net | 307,913 | 304,519 | |||
| Inventories | 917,390 | 796,596 | |||
| Other current assets | 118,044 | 119,922 | |||
| Total current assets | 2,087,775 | 2,029,794 | |||
| Property and equipment, net | 1,087,683 | 1,149,806 | |||
| Goodwill | 2,760,930 | 2,760,813 | |||
| Intangible assets, net | 507,174 | 537,703 | |||
| Long-term investments | 27,020 | 20,406 | |||
| Other non-current assets | 216,010 | 193,381 | |||
| Total assets | $ | 6,686,592 | $ | 6,691,903 | |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | |||||
| Current liabilities: | |||||
| Accounts payable and accrued liabilities | $ | 558,486 | $ | 433,164 | |
| Other current liabilities | 80,490 | 122,599 | |||
| Total current liabilities | 638,976 | 555,763 | |||
| Long-term debt | 2,048,255 | 2,048,073 | |||
| Other long-term liabilities | 187,138 | 185,273 | |||
| Total liabilities | 2,874,369 | 2,789,109 | |||
| Stockholders’ equity | 3,812,223 | 3,902,794 | |||
| Total liabilities and stockholders’ equity | $ | 6,686,592 | $ | 6,691,903 | |
