Cirrus logic, inc. (CRUS)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Assets
Current assets:
Cash and cash equivalents

292,119

342,301

221,937

198,077

216,172

219,319

195,857

186,459

235,604

226,640

180,198

163,918

351,166

310,375

113,264

143,591

168,793

159,572

56,333

102,531

76,401

66,607

48,214

268,544

31,850

74,690

68,886

67,170

66,402

87,452

67,846

84,312

65,997

38,010

39,268

41,490

37,039

Marketable securities

22,008

13,098

22,563

52,350

70,183

59,793

48,701

39,877

26,397

12,822

15,446

11,380

99,813

72,342

116,087

91,090

60,582

67,148

86,460

120,226

124,246

106,061

85,796

75,198

263,417

215,792

199,423

165,540

105,235

60,717

66,731

82,359

115,877

99,342

100,130

107,016

159,528

Restricted investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,898

2,898

5,755

5,786

Accounts receivable, net

153,998

175,937

217,962

111,497

120,656

142,135

206,789

126,604

100,801

217,619

232,380

162,437

119,974

246,630

269,559

140,893

88,532

127,754

169,423

120,838

112,608

148,386

126,161

77,219

63,220

109,535

97,640

63,642

69,289

170,683

130,870

49,262

44,153

54,512

44,898

41,967

39,098

Inventories

146,725

137,920

144,829

146,317

164,733

167,879

142,315

173,063

205,760

192,967

210,791

202,429

167,895

154,128

161,254

154,043

142,015

137,723

143,867

126,195

84,196

73,896

121,169

92,002

69,743

69,985

91,247

110,624

119,300

135,023

144,881

96,790

55,915

58,079

49,552

46,851

40,497

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,404

8,502

5,276

18,559

14,143

16,435

19,921

22,024

33,155

38,398

54,774

64,937

53,140

53,144

53,139

53,137

30,798

30,803

30,800

30,797

Prepaid assets

23,594

28,326

28,454

27,509

30,794

32,335

31,627

30,502

31,235

19,425

20,923

27,484

24,987

24,223

25,931

27,815

29,924

29,870

27,021

24,019

27,093

-

-

-

15,062

-

-

-

-

-

-

-

-

-

-

-

3,457

Other current assets

11,752

17,019

16,275

28,325

22,445

18,816

17,283

18,616

13,877

10,020

10,262

10,858

12,093

17,524

9,857

16,291

16,283

8,112

24,308

8,963

8,810

27,081

29,089

40,469

10,017

25,662

23,978

20,810

19,371

21,775

19,845

14,574

16,508

16,116

10,865

8,042

3,268

Total current assets

650,196

714,601

652,020

564,075

624,983

640,277

642,572

575,121

613,674

679,493

670,000

578,506

775,928

825,222

695,952

573,723

506,129

549,583

515,914

508,048

451,913

436,174

426,864

573,353

475,333

528,819

519,572

482,560

444,534

528,790

483,317

380,436

351,587

299,755

278,414

281,921

319,470

Long-term marketable securities

283,573

250,162

238,741

205,079

158,968

165,063

151,207

159,334

172,499

173,717

133,547

134,851

0

0

2,004

3,923

20,631

22,327

22,393

50,629

60,072

3,404

9,228

39,952

89,243

37,115

40,254

39,408

64,910

0

0

0

2,914

20,092

8,703

1,334

12,702

Right-of-use lease assets

141,274

141,348

142,834

146,035

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

158,244

174,390

178,420

182,042

186,185

191,324

193,218

195,804

191,154

187,143

177,523

170,829

168,139

167,933

164,029

160,875

162,656

159,149

158,529

152,018

144,346

137,291

133,458

102,765

103,650

102,542

101,885

99,169

100,623

100,534

86,992

85,337

66,978

57,263

50,102

42,465

34,563

Intangibles, net

34,400

47,133

54,780

62,496

67,800

76,389

86,769

99,366

111,500

126,183

131,235

143,107

135,188

144,005

150,108

156,949

162,832

171,664

179,816

169,158

175,743

181,675

187,030

-

11,999

-

-

-

-

-

-

-

-

-

-

-

20,125

Goodwill

287,100

285,904

285,321

286,370

286,200

286,678

287,368

287,042

288,700

288,481

289,248

287,049

286,767

287,518

287,518

287,518

287,518

287,518

289,565

263,583

263,115

264,879

265,410

-

16,367

-

-

-

-

-

-

-

-

-

-

-

6,027

Deferred tax assets

10,052

9,183

9,026

9,394

8,727

13,131

13,733

15,985

14,716

16,467

30,511

31,971

32,841

34,737

28,009

27,334

25,772

27,581

25,603

25,639

25,593

24,991

24,998

25,034

25,065

17,354

16,638

16,732

16,671

36,466

72,150

85,721

89,071

82,071

90,995

97,152

102,136

Goodwill and intangibles, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,708

-

29,762

10,761

10,741

10,677

10,947

11,235

24,484

24,268

24,623

24,932

25,532

-

Software license agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,822

-

9,298

9,716

-

-

-

-

-

-

Other assets

27,820

24,819

22,489

14,625

19,689

24,003

29,527

34,151

37,809

21,841

23,703

20,337

14,607

13,990

17,914

14,776

16,345

18,099

20,474

24,578

27,996

16,654

17,658

1,007

3,087

6,848

10,051

4,467

13,932

6,463

11,686

9,300

9,644

10,813

7,517

8,566

1,598

Total assets

1,592,677

1,647,540

1,583,631

1,470,116

1,352,640

1,396,865

1,404,394

1,366,803

1,430,117

1,493,325

1,455,767

1,366,650

1,413,470

1,473,405

1,345,534

1,225,098

1,181,883

1,235,921

1,212,294

1,193,653

1,148,778

1,065,068

1,064,646

769,819

724,744

722,440

699,161

659,899

651,347

692,498

675,096

585,278

544,462

494,617

460,663

456,970

496,621

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable

78,412

98,835

109,374

60,408

48,398

108,022

88,473

53,655

69,850

116,274

131,125

85,995

73,811

154,930

130,458

105,138

71,619

114,483

111,023

146,370

112,213

77,195

81,549

75,695

51,932

60,493

56,868

47,341

60,827

95,493

103,366

75,507

38,108

45,104

35,256

31,063

27,639

Accrued salaries and benefits

42,439

34,228

34,870

23,416

29,289

23,566

30,154

22,924

35,721

29,543

35,651

31,113

40,190

33,122

30,257

21,854

21,239

22,438

29,156

21,380

24,132

20,164

17,706

11,598

13,388

13,937

16,894

13,476

16,592

13,752

15,594

10,956

13,634

11,539

10,942

8,120

12,402

Deferred income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,162

5,582

4,736

6,105

5,417

5,218

7,398

5,631

4,998

4,858

4,419

4,956

5,579

6,580

7,158

7,228

8,511

9,334

9,745

6,844

Software license agreements

10,888

15,084

17,915

16,674

21,514

22,147

19,905

22,775

21,981

7,270

10,827

13,676

14,990

12,310

13,876

14,621

20,308

20,155

20,163

19,697

18,711

-

-

-

7,023

-

-

-

6,424

-

-

-

-

-

-

-

-

Current lease liabilities

13,580

13,863

13,751

14,517

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplier agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,000

-

-

-

-

Other accrued liabilities

13,318

16,301

16,886

16,191

16,339

16,028

17,370

19,290

12,657

22,633

13,587

15,091

15,084

12,377

15,518

16,447

14,958

16,146

22,018

10,939

15,417

27,402

34,946

14,080

4,549

12,881

6,313

9,532

4,280

13,992

14,218

9,498

9,015

14,259

10,105

7,505

5,169

Total current liabilities

158,637

178,311

192,796

131,206

115,540

169,763

155,902

118,644

140,209

175,720

191,190

145,875

144,075

212,739

190,109

158,060

128,124

177,384

187,942

203,122

176,578

130,178

139,419

108,771

82,523

92,309

84,933

74,768

93,079

128,816

139,758

103,119

72,985

79,413

65,637

56,433

52,054

Long-term liabilities:
Debt

-

-

-

-

-

-

-

-

-

0

0

0

60,000

100,000

140,000

160,439

160,439

160,439

160,439

160,439

180,439

200,439

226,439

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Software license agreements

3,806

2,934

2,258

4,996

8,662

11,969

19,453

18,650

27,765

7,357

7,245

5,297

3,146

3,131

2,433

5,436

8,136

11,051

15,413

18,411

26,204

-

-

-

853

-

-

-

-

5,804

5,804

-

-

-

-

-

-

Non-current income taxes

71,143

72,422

76,847

79,484

78,309

78,532

79,127

94,612

92,753

-

-

-

50,876

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current lease liabilities

129,312

133,993

133,105

137,180

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

0

0

0

0

9,889

6,800

6,937

7,801

7,662

98,882

57,416

54,773

3,681

53,500

43,844

29,419

25,701

27,172

19,577

11,909

8,786

21,073

25,376

-

4,010

5,108

11,231

9,706

-

4,327

4,238

4,159

5,620

6,494

6,505

6,666

6,188

Total long-term liabilities

204,261

209,349

212,210

221,660

96,860

97,301

105,517

121,063

128,180

106,239

64,661

60,070

117,703

156,631

186,277

195,294

194,276

198,662

195,429

190,759

215,429

-

-

4,039

4,863

-

-

-

10,094

-

-

-

-

-

-

-

-

Stockholders’ equity:
Preferred stock, 5.0 million shares authorized but unissued

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

Common stock, $0.001 par value, 280,000 shares authorized, 58,242 shares and 58,954 shares issued and outstanding at March 28, 2020 and March 30, 2019, respectively

58

-

-

-

59

-

-

-

62

-

-

-

64

-

-

-

63

-

-

-

63

-

-

-

62

-

-

-

63

-

-

-

64

-

-

-

69

Additional paid-in capital

1,434,871

1,417,646

1,392,650

1,375,777

1,363,677

1,349,941

1,338,586

1,325,287

1,312,372

1,301,800

1,288,669

1,272,570

1,259,215

1,247,191

1,236,492

1,215,749

1,203,433

1,198,547

1,183,262

1,170,436

1,159,431

1,135,719

1,104,379

1,088,493

1,078,816

1,069,113

1,055,256

1,048,497

1,041,771

1,033,549

1,025,272

1,013,442

1,008,164

1,001,967

998,572

994,746

991,878

Accumulated deficit

-201,681

-157,869

-213,274

-258,899

-222,430

-217,871

-182,453

-184,673

-139,345

-92,402

-92,180

-112,258

-107,014

-141,027

-267,887

-344,564

-344,345

-336,653

-352,374

-367,691

-400,613

-421,514

-430,144

-430,663

-440,634

-443,322

-451,532

-472,180

-492,741

-479,225

-499,233

-534,682

-541,609

-592,436

-609,167

-600,126

-552,814

Accumulated other comprehensive loss

-3,469

103

-751

372

-1,066

-2,269

-13,158

-13,518

-11,361

1,968

3,427

393

-573

-2,129

543

559

332

-2,019

-1,965

-2,973

-2,110

-827

-823

-821

-886

-768

-727

-892

-919

-773

-743

-760

-762

-821

-884

-749

-754

Total stockholders’ equity

1,229,779

1,259,880

1,178,625

1,117,250

1,140,240

1,129,801

1,142,975

1,127,096

1,161,728

1,211,366

1,199,916

1,160,705

1,151,692

1,104,035

969,148

871,744

859,483

859,875

828,923

799,772

756,771

713,378

673,412

657,009

637,358

625,023

602,997

575,425

548,174

553,551

525,296

478,000

465,857

408,710

388,521

393,871

438,379

Total liabilities and stockholders’ equity

1,592,677

1,647,540

1,583,631

1,470,116

1,352,640

1,396,865

1,404,394

1,366,803

1,430,117

1,493,325

1,455,767

1,366,650

1,413,470

1,473,405

1,345,534

1,225,098

1,181,883

1,235,921

1,212,294

1,193,653

1,148,778

1,065,068

1,064,646

769,819

724,744

722,440

699,161

659,899

651,347

692,498

675,096

585,278

544,462

494,617

460,663

456,970

496,621