Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] | 9. Discontinued Operations Our Z-Wave business unit consists of those parts of the Company engaged in the IoT Devices marketplace except Mobile IoT. This business unit develops related IP software and chipsets into modules and arranges for their manufacture and sale to IoT product companies. Our Media Connectivity business unit consists of those parts of the Company engaged in product lines related to wired home networking controller chipsets that provide connectivity solutions between various home entertainment products and incoming video streams. On January 23, 2018, April 18, 2018. February 3, 2018, February 15, 2018. fourth 2018, The following is a reconciliation of the consolidated balance sheets to the consolidated balance sheets presented herein presenting separately the assets and liabilities held for sale for the years ended February 3, 2018 January 28, 2017 ( FEBRUARY 3, 2018 Adjustments Consolidated Balance Sheets Assets and Liabilities Other As Presented ASSETS Current assets Cash and cash equivalents $ 40,628 $ (2,000 ) $ $ 38,628 Restricted cash 335 (335 ) - Accounts receivable, net 17,120 (7,405 ) 9,715 Inventory 14,064 (11,026 ) 3,038 Prepaid expenses and other current assets 7,898 (1,127 ) 6,771 Current assets held for sale - - 21,893 21,893 Total current assets 80,045 (21,893 ) 21,893 80,045 Software, equipment and leasehold improvements, net 6,178 (1,839 ) 4,339 Intangible assets, net 4,630 (2,079 ) 2,551 Goodwill - - - Deferred tax assets 770 (777 ) 7 * - Non-current assets held for sale - - 4,703 4,703 Other non-current assets 4,467 (8 ) 4,459 Total assets $ 96,090 $ (26,596 ) $ 26,603 $ 96,097 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable $ 15,864 $ (6,531 ) $ $ 9,333 Accrued compensation and related benefits 6,512 (2,464 ) 4,048 Accrued liabilities 14,679 (4,812 ) 9,867 Current liabilities held for sale - - 13,807 13,807 Total current liabilities 37,055 (13,807 ) 13,807 37,055 Income taxes payable 15,708 (4,128 ) 11,580 Deferred tax liabilities 38 - 7 * 45 Long-term liabilities held for sale - - 4,144 4,144 Other long-term liabilities 3,169 (16 ) 3,153 Total liabilities 55,970 (17,951 ) 17,958 55,977 Commitments and contingencies Shareholders' equity Common stock and additional paid-in capital 522,985 - 522,985 Treasury stock (88,336 ) (56,687 ) (145,023 ) Accumulated other comprehensive loss 18 - 18 Accumulated deficit (394,547 ) 48,042 8,645 (337,860 ) Total shareholders' equity 40,120 (8,645 ) 8,645 40,120 Total liabilities and shareholders' equity $ 96,090 $ (26,596 ) $ 26,603 $ 96,097 * Reclassification of a negative Deferred tax asset to Deferred tax liability JANUARY 28, 2017 Adjustments Consolidated Balance Sheets Assets and Liabilities Other As Presented ASSETS Current assets Cash and cash equivalents $ 66,425 $ (2,000 ) $ $ 64,425 Short-term marketable securities 4,781 - 4,781 Restricted cash 303 (303 ) - Accounts receivable, net 35,860 (15,874 ) 19,986 Inventory 18,147 (8,684 ) 9,463 Prepaid expenses and other current assets 8,017 (1,139 ) 6,878 Current assets held for sale - - 28,000 28,000 Total current assets 133,533 (28,000 ) 28,000 133,533 Software, equipment and leasehold improvements, net 18,523 (7,265 ) 11,258 Intangible assets, net 30,744 (2,439 ) 28,305 Goodwill 10,594 - 10,594 Deferred tax assets 625 (658 ) 33 * - Long-term investments 2,000 - 2,000 Non-current assets held for sale - - 10,370 10,370 Other non-current assets 5,755 (8 ) 5,747 Total assets $ 201,774 $ (38,370 ) $ 38,403 $ 201,807 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable $ 14,230 $ (5,918 ) $ $ 8,312 Accrued compensation and related benefits 8,127 (2,609 ) 5,518 Accrued liabilities 13,607 (4,762 ) 8,845 Current liabilities held for sale - - 13,289 13,289 Total current liabilities 35,964 (13,289 ) 13,289 35,964 Income taxes payable 15,752 (1,635 ) 14,117 Deferred tax liabilities 287 - 33 * 320 Long-term liabilities held for sale - 1,642 1,642 Other long-term liabilities 6,225 (7 ) 6,218 Total liabilities 58,228 (14,931 ) 14,964 58,261 Commitments and contingencies Shareholders' equity Common stock and additional paid-in capital 513,168 (56,373 ) 456,795 Treasury stock (88,336 ) - (88,336 ) Accumulated other comprehensive loss (2,178 ) - (2,178 ) Accumulated deficit (279,108 ) 32,934 23,439 (222,735 ) Total shareholders' equity 143,546 (23,439 ) 23,439 143,546 Total liabilities and shareholders' equity $ 201,774 $ (38,370 ) $ 38,403 $ 201,807 * Reclassification of a negative Deferred tax asset to Deferred tax liability The following is a reconciliation of the consolidated statements of operations to the consolidated statements of operations presented herein presenting separately the operations held for sale for the years ended February 3, 2018, January 28, 2017 January 30, 2016 ( FOR THE YEAR ENDED FEBRUARY 3, 2018 Adjustments Consolidated Statements of Operations Operations Held for Sale Other As Presented Net revenue $ 139,471 $ (73,566 ) $ $ 65,905 Cost of revenue 73,735 (32,289 ) 41,446 Gross profit 65,736 (41,277 ) 24,459 Operating expenses Research and development 72,309 (19,653 ) 52,656 Sales and marketing 23,806 (14,720 ) 9,086 General and administrative 23,097 (2,710 ) 20,387 Restructuring costs 9,327 - 9,327 Impairment of IP, mask sets, design tools and goodwill 50,431 (80 ) 50,351 Total operating expenses 178,970 (37,163 ) 141,807 Loss from operations (113,234 ) (4,114 ) (117,348 ) Interest and other income, net (1,929 ) (541 ) (2,470 ) Loss before income taxes (115,163 ) (4,655 ) (119,818 ) Provision for (benefit from) income taxes 4,878 (5,592 ) (714 ) Net loss from continuing operations (120,041 ) 937 (119,104 ) Income from discontinued operations - - 4,655 4,655 Provision for income taxes - - 5,592 5,592 Net loss from discontinued operations - - (937 ) (937 ) Net loss $ (120,041 ) $ 937 $ (937 ) $ (120,041 ) FOR THE YEAR ENDED JANUARY 28, 2017 Adjustments Consolidated Statements of Operations Operations Held for Sale Other As Presented Net revenue $ 220,544 $ (86,137 ) $ $ 134,407 Cost of revenue 114,565 (35,629 ) 78,936 Gross profit 105,979 (50,508 ) 55,471 Operating expenses Research and development 73,993 (16,716 ) 57,277 Sales and marketing 23,300 (15,727 ) 7,573 General and administrative 18,860 (2,292 ) 16,568 Impairment of IP, mask sets, design tools and goodwill 1,148 - 1,148 Total operating expenses 117,301 (34,735 ) 82,566 Loss from operations (11,322 ) (15,773 ) (27,095 ) Impairment of privately-held investments, net of gain on sale (885 ) - (885 ) Interest and other income, net 539 (256 ) 283 Loss before income taxes (11,668 ) (16,029 ) (27,697 ) Provision for income taxes 6,647 (897 ) 5,750 Net loss from continuing operations (18,315 ) (15,132 ) (33,447 ) Income from discontinued operations - - 16,029 16,029 Provision for income taxes - - 897 897 Net income from discontinued operations - - 15,132 15,132 Net loss $ (18,315 ) $ (15,132 ) $ 15,132 $ (18,315 ) FOR THE YEAR ENDED JANUARY 30, 2016 Adjustments Consolidated Statements of Operations Operations Held for Sale Other As Presented Net revenue $ 227,250 $ (101,499 ) $ $ 125,751 Cost of revenue 114,090 (42,862 ) 71,228 Gross profit 113,160 (58,637 ) 54,523 Operating expenses Research and development 68,784 (14,841 ) 53,943 Sales and marketing 22,877 (15,420 ) 7,457 General and administrative 20,862 (2,242 ) 18,620 Restructuring costs 9 - 9 Impairment of IP, mask sets, design tools and goodwill 1,783 (1,365 ) 418 Total operating expenses 114,315 (33,868 ) 80,447 Loss from operations (1,155 ) (24,769 ) (25,924 ) Gain on sale of development project 7,551 - 7,551 Impairment of privately-held investments, net of gain on sale 159 - 159 Interest and other income, net 794 722 1,516 Income (loss) before income taxes 7,349 (24,047 ) (16,698 ) Provision for income taxes 7,191 (2,806 ) 4,385 Net income (loss) from continuing operations 158 (21,241 ) (21,083 ) Income from discontinued operations - - 24,047 24,047 Provision for income taxes - - 2,806 2,806 Net income from discontinued operations - - 21,241 21,241 Net income $ 158 $ 21,241 $ 21,241 $ 158 The combined presentation of select balance sheet information of assets and liabilities held for sale is as follows (in thousands): February 3, 2018 January 28, 2017 ASSETS Cash and cash equivalents $ 2,000 $ 2,000 Restricted cash 335 303 Accounts receivable, net 7,405 15,874 Inventory 11,026 8,684 Prepaid expenses and other current assets 1,127 1,139 Software, equipment and leasehold improvements, net 1,839 7,265 Intangible assets, net 2,079 2,439 Deferred tax assets 777 658 Other non-current assets 8 8 Total assets held for sale $ 26,596 $ 38,370 LIABILITIES Accounts payable $ 6,531 $ 5,918 Accrued compensation and related benefits 2,464 2,609 Accrued liabilities 4,812 4,762 Income taxes payable 4,128 1,635 Other long-term liabilities 16 7 Total liabilities held for sale $ 17,951 $ 14,931 The combined presentation of select statement of operations information of discontinued operations is as follows (in thousands): Fiscal Years Ended February 3, 2018 January 28, 2017 January 30, Net revenue $ 73,566 $ 86,137 $ 101,499 Cost of revenue 32,289 35,629 42,862 Operating expenses 37,163 34,735 33,868 Interest and other income, net 541 256 (722 ) Income from discontinued operations before tax 4,655 16,029 24,047 Provision for income taxes 5,592 897 2,806 Net income (loss) from discontinued operations $ (937 ) $ 15,132 $ 21,241 The combined presentation of select cash flow information of assets and liabilities held for sale is as follows (in thousands): Fiscal Years Ended February 3, 2018 January 28, 2017 January 30, Net cash provided by operating activities $ 14,102 $ 19,618 $ 24,628 Net cash used in investing activities $ 812 $ 8,321 $ 82 |