CONSOLIDATED CONDENSED BALANCE SHEETS (Thousands)            
        Mar. 28,   Mar. 29,
        1998    1997 
        (Audited)   (Audited)
             
Current assets            
Cash, cash equivalents and short term investments       $ 362,187    $ 425,847 
Accounts receivable       60,912    72,248 
Inventories       55,289    62,367 
Advances for wafer purchases       72,267   
Deferred income taxes and other current assets       49,569    41,093 
             
Total current assets       600,224    601,555 
             
Property, plant and equipment, net       88,276    86,580 
Restricted investments       36,271    36,257 
Investment in joint venture       90,872    35,286 
Advances for wafer purchases       77,342    60,000 
Developed technology and other assets       48,253    28,015 
             
Total assets       $ 941,238    $ 847,693 
             
Current liabilities            
Accounts payable and accrued liabilities       $ 69,759    $ 60,898 
Deferred revenue on shipments to distributors       55,898    36,355
             
Total current liabilities       125,657    97,253
             
Long-term debt       250,000    250,000
Deferred tax liabilities       15,406    9,760
Stockholders' equity            
Common stock and additional paid-in capital       119,901    115,263
Retained earnings       504,468    377,881
Treasury stock, at cost (56,973) (1,847)
Cumulative translation adjustment       (17,221)   (617)
             
Total stockholders' equity       550,175    490,680
             
Total liabilities and stockholders' equity       $ 941,238    $ 847,693 

 

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