Balance Sheet Components

9 Months Ended

Sep. 30, 2011

Nature of Operation, Basis of Presentation and Balance Sheet Components [Abstract]

BALANCE SHEET COMPONENTS

3. BALANCE SHEET COMPONENTS

The following table provides details of selected balance sheet components:

(Dollars in thousands)	September 30, 2011			December 31, 2010
Cash and cash equivalents:
Cash	$	35,928		$	62,226
Money market funds invested in U.S. Treasuries		—			30,998
Total cash and cash equivalents	$	35,928		$	93,224
Accounts receivable:
Accounts receivable, gross	$	40,525		$	62,962
Allowance for sales returns and doubtful accounts		(1,050	)		(634	)
Total accounts receivable	$	39,475		$	62,328
Inventories:
Work in process	$	10,246		$	4,751
Finished goods		8,772			18,274
Total inventories	$	19,018		$	23,025
Prepaid expenses and other current assets:
VAT receivable		6,085			5,496
Prepaid and deferred taxes		1,156			658
Other		4,222			8,184
Total prepaid expenses and other current assets:	$	11,463		$	14,338
Property and equipment, net:
Building and leasehold improvements	$	21,474		$	21,068
Machinery and equipment		28,564			29,889
Software		3,752			4,816
Furniture and fixtures		3,656			3,411
		57,446			59,184
Accumulated depreciation and amortization		(31,484	)		(27,618	)
Total property and equipment, net	$	25,962		$	31,566
Accrued expenses and other current liabilities:
Compensation and benefits	$	9,450		$	22,098
Software licenses		7,562			5,989
Wafer and substrate fees		6,028			4,203
Price rebate		2,605			6,414
Restructuring accrual		2,538			4,518
Royalties		1,438			2,579
Professional fees		655			2,133
Warranty accrual		605			1,596
VAT payable		218			211
Contingent liability related to legal settlement		—			2,758
Other		10,017			13,910
Accrued expenses and other current liabilities	$	41,116		$	66,409
Deferred margin:
Deferred revenue on shipments to distributors		15,822			18,841
Deferred cost of sales on shipments to distributors		(8,500	)		(9,937	)
Total deferred margin	$	7,322		$	8,904