
	January 30, 2021		February 1, 2020
Cash and cash equivalents:
Cash	$	633,822	$	513,072
Cash equivalents:
Money market funds	—		46,355
Time deposits	114,645		88,177




Cash and cash equivalents	$	748,467	$	647,604


	January 30, 2021		February 1, 2020
Accounts receivable, net:
Accounts receivable	538,739		494,472
Less: Doubtful accounts	$	(2,071)	$	(2,126)
Accounts receivable, net	$	536,668	$	492,346


	January 30, 2021		February 1, 2020
Inventories:
Work-in-process	$	187,351	$	216,496
Finished goods	80,877		106,484
Inventories	$	268,228	$	322,980


	January 30, 2021		February 1, 2020
Property and equipment, net:
Machinery and equipment	$	693,689	$	686,351
Land, buildings, and leasehold improvements	284,532		285,084
Computer software	103,789		100,613
Furniture and fixtures	26,990		24,582
	1,109,000		1,096,630
Less: Accumulated depreciation	(782,875)		(739,538)
Property and equipment, net	$	326,125	$	357,092

The Company recorded depreciation expense of $95.9 million, $83.4 million and $64.5 million for fiscal 2021, 2020 and 2019, respectively.


	January 30, 2021		February 1, 2020
Other non-current assets:

Technology and other licenses (1)	$	242,244	$	277,634
Prepaid ship and debit (2)	131,657		75,362
Operating right-of-use assets	101,411		110,907

Other	66,257		32,947
Other non-current assets	$	541,569	$	496,850

(1)Amortization of technology and other licenses was $99.3 million, $70.4 million and $57.0 million in fiscal 2021, 2020 and 2019, respectively.

(2)Prepaid ship and debit of $131.7 million and $75.4 million as of January 30, 2021 and February 1, 2020, respectively, relate to certain prepaid distributor arrangements for ship and debit claims.


	January 30, 2021		February 1, 2020
Accrued liabilities:
Contract liabilities	$	180,995	$	111,486
Technology license obligations	71,130		71,623

Accrued legal reserve	50,101		10,748
Deferred non-recurring engineering credits	37,300		51,109
Lease liabilities - current	32,461		28,662
Deferred revenue	16,146		5,647
Accrued royalty	12,740		10,927
Accrued restructuring	9,043		14,302

Other	25,700		42,135
Accrued liabilities	$	435,616	$	346,639


	January 30, 2021		February 1, 2020
Other non-current liabilities:
Lease liabilities - non current	$	104,417	$	115,778
Technology license obligations	86,241		107,893
Non-current income taxes payable	22,526		37,983
Deferred tax liabilities	22,359		31,233
Other	23,310		12,578
Other non-current liabilities	$	258,853	$	305,465

The changes in accumulated other comprehensive income (loss) by components are presented in the following tables (in thousands):


	Unrealized Gain (Loss) on Cash Flow Hedges
Balance at February 2, 2019	$	—
Other comprehensive income (loss) before reclassifications	(37)
Amounts reclassified from accumulated other comprehensive income (loss)	37
Net current-period other comprehensive loss, net of tax	—
Balance at February 1, 2020	—
Other comprehensive loss before reclassifications	1,214
Amounts reclassified from accumulated other comprehensive income (loss)	(1,214)
Net current-period other comprehensive income, net of tax	—
Balance at January 30, 2021	$	—


	Year Ended
	January 30, 2021		February 1, 2020		February 2, 2019
Other income, net:

Gain on sale of business (1)	$	—	$	1,121,709	$	—
Net realized loss on investments	—		—		(3,066)
Currency remeasurement loss	(1,914)		(2,817)		(2,625)
Other income	4,800		3,663		6,210

Other Income, net	$	2,886	$	1,122,555	$	519

(1)On December 6, 2019, the Company completed the divestiture of the Wi-Fi Connectivity business to NXP USA, Inc, a subsidiary of NXP Semiconductors. Based on the terms of the agreement, the Company received sale consideration of $1.7 billion in cash proceeds. In fiscal year 2020, the Company recognized a pre-tax gain on sale of $1.1 billion in conjunction with the divestiture of the Wi-Fi Connectivity business.


	Year Ended
	January 30, 2021		February 1, 2020		February 2, 2019
Supplemental Cash Flow Information:
Cash paid for interest	$	54,575	$	76,506	$	39,156
Cash paid for income taxes, net	$	14,203	$	117,529	$	8,143
Non-Cash Investing and Financing Activities:
Non-cash consideration paid for the acquisition	$	—	$	15,520	$	3,331,342
Purchase of software and intellectual property under license obligations	$	68,807	$	193,149	$	4,221


Unpaid purchase of property and equipment at end of year	$	10,061	$	23,015	$	8,837

Unpaid equity and debt financing costs	$	1,729	$	—	$	—