Pericom Semiconductor Corporation Acquisition (Tables)

9 Months Ended

Sep. 30, 2016

The table below sets forth the original preliminary fair values determined under the acquisition method as of November 24, 2015, the measurement period adjustments for the nine months ended September 30, 2016 and the revised preliminary fair values as of November 24, 2015.

	Preliminary		Measurement			Adjusted
	November 24, 2015		Period Adjustments			November 24, 2015
Assets acquired:
Cash and cash equivalents	$	48,806	$	-		$	48,806
Short-term investments		72,537		-			72,537
Accounts receivable		22,740		-			22,740
Inventory		22,488		-			22,488
Prepaid expenses and other current assets		5,793		(1,622	)		4,171
Fixed assets		72,210		-			72,210
Intangible assets		156,700		-			156,700
Goodwill		54,304		2,741			57,045
Other long-term assets		16,069		-			16,069
Total assets acquired	$	471,647	$	1,119		$	472,766
							-
Liabilities assumed:							-
Accounts payable		16,925		-			16,925
Accrued liabilities and other		8,818		695			9,513
Income tax payable		1,498		333			1,831
Deferred tax liability		29,077		91			29,168
Other liabilities		12,155		-			12,155
Total liabilities assumed		68,473		1,119			69,592
Total net assets acquired	$	403,174	$	-		$	403,174
Total net assets acquired, net of cash acquired	$	354,368	$	-		$	354,368

Business Acquisition, Pro Forma Information

The following unaudited pro forma consolidated results of operations for the three and nine months ended September 30, 2015 has been prepared as if the acquisition of Pericom had occurred at January 1, 2015.

	Three Months Ended		Nine Months Ended
	September 30, 2015		September 30, 2015
Net revenues	$	240,458	$	728,413
Net income attributable to common stockholders	$	3,392	$	23,855
Earnings per share - Basic	$	0.07	$	0.49
Earnings per share - Diluted	$	0.07	$	0.48