SEMTECH CORP
For the period ended Jan 28, 2024. Filed Mar 28, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 28, 2024
SMTC$116.45+12.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except share data)
| January 28, 2024 | January 29, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $128,585 | $235,510 |
| Accounts receivable, less allowances of $4,161 and $3,881, respectively | 134,322 | 161,695 |
| Inventories | 144,992 | 207,704 |
| Prepaid taxes | 11,969 | 6,243 |
| Other current assets | 114,329 | 111,634 |
| Total current assets | 534,197 | 722,786 |
| Non-current assets: | ||
| Property, plant and equipment, net of accumulated depreciation of $283,725 and $257,978, respectively | 153,618 | 169,293 |
| Deferred tax assets | 18,014 | 63,783 |
| Goodwill | 541,227 | 1,281,703 |
| Other intangible assets, net | 35,566 | 215,102 |
| Other assets | 91,113 | 116,961 |
| TOTAL ASSETS | $1,373,735 | $2,569,628 |
| Liabilities | ||
| Current liabilities: | ||
| Accounts payable | $45,051 | $100,676 |
| Accrued liabilities | 172,105 | 253,075 |
| Current portion of long-term debt | — | 43,104 |
| Total current liabilities | 217,156 | 396,855 |
| Non-current liabilities: | ||
| Deferred tax liabilities | 829 | 5,065 |
| Long term debt, less current portion | 1,371,039 | 1,296,966 |
| Other long-term liabilities | 91,961 | 114,707 |
| Commitments and contingencies (Note 14) | ||
| Stockholders’ Equity (Deficit): | ||
| Common stock, $0.01 par value, 250,000,000 shares authorized, 78,136,144 issued and 64,415,861 outstanding and 78,136,144 issued and 63,870,581 outstanding, respectively | 785 | 785 |
| Treasury stock, at cost, 13,720,283 shares and 14,265,563 shares, respectively | (556,888) | (577,907) |
| Additional paid-in capital | 485,452 | 471,374 |
| Retained (deficit) earnings | (233,790) | 858,240 |
| Accumulated other comprehensive (loss) income | (2,993) | 3,360 |
| Total stockholders’ equity (deficit) | (307,434) | 755,852 |
| Noncontrolling interest | 184 | 183 |
| Total equity (deficit) | (307,250) | 756,035 |
| TOTAL LIABILITIES AND EQUITY (DEFICIT) | $1,373,735 | $2,569,628 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.