Supplemental Financial Information | Note 4. Supplemental Financial Information (in thousands) Consolidated Balance Sheets July 30, January 30, 2016 2016 Inventories: Work-in-process $ 129,460 $ 131,471 Finished goods 73,257 78,546 Total inventories $ 202,717 $ 210,017 Inventory held by third-party logistics providers is recorded as consigned inventory on the Company’s consolidated balance sheet. The amount of inventory held at third-party logistics providers was $24.3 million and $21.0 million at July 30, 2016 and January 30, 2016, respectively. July 30, January 30, 2016 2016 Property and equipment, net: Machinery and equipment $ 587,919 $ 578,627 Buildings 144,320 144,320 Computer software 99,016 102,928 Land 53,373 53,373 Building improvements 49,947 49,927 Leasehold improvements 50,151 50,192 Furniture and fixtures 24,233 27,119 Construction in progress 3,448 1,353 1,012,407 1,007,839 Less: Accumulated depreciation and amortization (737,633 ) (708,299 ) Total property and equipment, net $ 274,774 $ 299,540 July 30, January 30, 2016 2016 Other non-current assets: Technology and other licenses $ 40,874 $ 48,770 Deferred tax assets 36,928 34,505 Investments in privately-held companies 5,804 5,804 Prepaid land use rights 12,966 13,123 Deposits 50,351 51,512 Other 13,663 10,996 Total other non-current assets $ 160,586 $ 164,710 July 30, January 30, 2016 2016 Accrued liabilities: Accrued rebates $ 24,387 $ 41,320 Accrued royalties 16,361 16,217 Technology license obligations 16,753 17,985 Accrued legal expense 9,105 9,761 Accrued litigation 3,235 3,830 Other 43,135 42,947 Total accrued liabilities $ 112,976 $ 132,060 July 30, January 30, 2016 2016 Deferred income: Deferred revenue $ 102,212 $ 77,935 Deferred cost of goods sold (30,163 ) (22,213 ) Deferred income $ 72,049 $ 55,722 Deferred income at July 30, 2016 includes deferred revenue and cost of goods sold arising from shipments to a direct customer based on a firm purchase order. However, the Company determined that the revenue recognition criteria was not met because there was a contract amendment that changed the pricing terms and it was not signed until August 2016. The Company will recognize revenue of $15.6 million related to these shipments in the third quarter of fiscal 2017. July 30, January 30, 2016 2016 Other non-current liabilities: Technology license obligations $ 4,539 $ 12,461 Long-term accrued employee compensation 6,363 6,078 Other 6,381 8,424 Other non-current liabilities $ 17,283 $ 26,963 Accumulated other comprehensive income (loss) The changes in accumulated other comprehensive income (loss) by components are presented in the following tables (in thousands): Unrealized Gain Unrealized Gain Unrealized Gain Total Balance at January 30, 2016 $ (656 ) $ — $ (139 ) $ (795 ) Other comprehensive income before reclassifications 4,471 — 788 5,259 Amounts reclassified from accumulated other comprehensive loss (62 ) — (387 ) (449 ) Other comprehensive income, net of tax 4,409 — 401 4,810 Balance at July 30, 2016 $ 3,753 $ — $ 262 $ 4,015 Unrealized Gain Unrealized Gain Unrealized Gain Total Balance at January 31, 2015 $ 3,768 $ (2,274 ) $ (1,186 ) $ 308 Other comprehensive income (loss) before reclassifications (2,865 ) (103 ) 1,166 (1,802 ) Amounts reclassified from accumulated other comprehensive income (loss) (453 ) — 669 216 Other comprehensive income (loss), net of tax (3,318 ) (103 ) 1,835 (1,586 ) Balance at August 1, 2015 $ 450 $ (2,377 ) $ 649 $ (1,278 ) The amounts reclassified from accumulated other comprehensive income (loss) by components are presented in the following table (in thousands): Three Months Ended Six Months Ended Affected Line Item in the July 30, August 1, July 30, August 1, Interest and other income, net: Available-for-sale securities: Marketable securities $ 178 $ 121 $ 62 $ 453 Operating cost and expenses: Cash flow hedges: Research and development 390 251 339 (613 ) Selling and marketing 8 4 7 (63 ) General and administrative 46 20 41 7 Total $ 622 $ 396 $ 449 $ (216 ) Consolidated Statements of Operations Three Months Ended Six Months Ended July 30, August 1, July 30, August 1, 2016 2015 2016 2015 Interest and other income, net: Interest income $ 3,193 $ 3,971 $ 6,635 $ 8,048 Net realized gain on investments 261 25 425 361 Foreign currency exchange gain 2,958 3,494 1,017 3,901 Other income (expense) (31 ) (508 ) (90 ) 59 Interest expense (97 ) (192 ) (215 ) (412 ) $ 6,284 $ 6,790 $ 7,772 $ 11,957 Net income (loss) per share The Company reports both basic net income (loss) per share, which is based on the weighted average number of common shares outstanding during the period, and diluted net income (loss) per share, which is based on the weighted average number of common shares outstanding and potentially dilutive common shares outstanding during the period. The computations of basic and diluted net income (loss) per share are presented in the following table (in thousands, except per share amounts): Three Months Ended Six Months Ended July 30, August 1, July 30, August 1, 2016 2015 2016 2015 Numerator: Net income (loss) $ 51,305 $ (771,940 ) $ 28,626 $ (757,850 ) Denominator: Weighted average shares — basic 511,235 516,368 510,014 516,298 Effect of dilutive securities: Share-based awards 3,079 — 3,655 — Weighted average shares — diluted 514,314 516,368 513,669 516,298 Net income (loss) per share: Basic $ 0.10 $ (1.49 ) $ 0.06 $ (1.47 ) Diluted $ 0.10 $ (1.49 ) $ 0.06 $ (1.47 ) Potential dilutive securities include dilutive common shares from share-based awards attributable to the assumed exercise of stock options, restricted stock units and employee stock purchase plan shares using the treasury stock method. Under the treasury stock method, potential common shares outstanding are not included in the computation of diluted net income per share, if their effect is anti-dilutive. Anti-dilutive potential shares are presented in the following table (in thousands): Three Months Ended Six Months Ended July 30, August 1, July 30, August 1, 2016 2015 2016 2015 Weighted average shares outstanding: Share-based awards 38,873 57,437 38,264 57,519 Anti-dilutive potential shares from share-based awards are excluded from the calculation of diluted earnings per share for all periods reported above because either their exercise price exceeded the average market price during the period or the share-based awards were determined to be anti-dilutive based on applying the treasury stock method. Anti-dilutive potential shares from share-based awards are also excluded from the calculation of diluted earnings per share for the three and six months ended August 1, 2015 due to the net loss reported in those periods. |