Company: CRUS
Filing Date: 2025-05-23
Form Type: 10-K
Source: 0000772406-25-000014
Chunk: 78

Company: CIRRUS LOGIC, INC.
Filing Date: 2025-05-23
Form: 10-K
Item: Item 8
Chunk 78
---
56,160 23,778 Accounts receivable, net216,009 162,478 Inventories299,092 227,248 Prepaid assets48,236 48,047 Prepaid wafers52,560 86,679 Other current assets28,057 55,198 Total current assets1,239,734 1,106,192 Long-term marketable securities239,036 173,374 Right-of-use lease assets126,688 138,288 Property and equipment, net159,900 170,175 Intangibles, net27,461 29,578 Goodwill435,936 435,936 Deferred tax assets48,150 48,649 Long-term prepaid wafers15,512 60,750 Other assets34,656 68,634 Total assets$2,327,073 $2,231,576 Liabilities and Stockholders’ EquityCurrent liabilities:Accounts payable$63,162 $55,545 Accrued salaries and benefits52,075 47,612 Software license agreements26,745 31,866 Current lease liabilities21,811 20,640 Other accrued liabilities31,395 30,730 Total current liabilities195,188 186,393 Long-term liabilities:Non-current lease liabilities121,908 134,576 Non-current income taxes44,040 52,013 Software license agreements16,488 41,073 Other long-term liabilities— 507 Total long-term liabilities182,436 228,169 Stockholders’ equity:Preferred stock, 5,000 shares authorized but unissued— — Common stock, $0.001 par value, 280,000 shares authorized, 52,291 shares and 53,491 shares issued and outstanding at March 29, 2025 and March 30, 2024, respectively52 53 Additional paid-in capital1,860,229 1,760,648 Accumulated earnings90,351 58,916 Accumulated other comprehensive loss(1,183)(2,603)Total stockholders’ equity1,949,449 1,817,014 Total liabilities and stockholders’ equity$2,327,073 $2,231,576 

The accompanying notes are an integral part of these financial statements.

42

CIRRUS LOGIC, INC.