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MRVL » Topics » Note 4 - Detailed Financial Information (in thousands):

This excerpt taken from the MRVL 10-K filed Apr 14, 2005.

Note 4 — Detailed Financial Information (in thousands):

 
   January 31,
  
 
   2005
   2004
  
Inventories:              
  Work-in-process   $ 63,027   $ 67,815  
  Finished goods     65,862     23,970  
   
 
 
    $ 128,889   $ 91,785  
   
 
 

Property and equipment:
 
 
 
 
 
 
 
  Machinery and equipment   $ 105,237   $ 79,765  
  Computer software     79,494     69,116  
  Furniture and fixtures     8,430     8,157  
  Leasehold improvements     11,354     11,145  
  Buildings     7,096     1,825  
  Land     51,500     51,500  
  Construction in progress     16,471     10,505  
   
 
 
      279,582     232,013  
  Less: Accumulated depreciation and amortization     (117,812 )   (82,308 )
   
 
 
    $ 161,770   $ 149,705  
   
 
 

        Property and equipment included $48,092 and $40,586 of assets under capital lease at January 31, 2005 and 2004, respectively. Accumulated depreciation on these assets was $22,381 and $9,900 at January 31, 2005 and 2004, respectively.

        On November 17, 2003, the Company completed the purchase of six buildings on 33.8 acres of land in Santa Clara, California for a total cost of $63.9 million in cash. It is currently intended that the site will be the future location of its U.S. headquarters. The facility consists of approximately 876,000 square feet. One of the buildings is currently leased to a tenant. The remaining five buildings are being renovated and will be used for research and design functions, operations, sales, marketing and administration. In fiscal 2005, the Company began to occupy a portion of two buildings with some of its operations, sales and marketing groups.

 
   January 31,
 
   2005
   2004
Other noncurrent assets:            
  Equity investments in private companies   $ 9,436   $ 7,236
  Other     39,326     30,158
   
 
    $ 48,762   $ 37,394
   
 

92

 
   January 31,
 
   2005
   2004
Other long-term liabilities:            
  Long-term facilities consolidation charge   $ 3,793   $ 5,149
  Accrued severance     11,196     9,189
  Other     3,500     3,596
   
 
    $ 18,489   $ 17,934
   
 
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