Note 7 - Long-term Investment
|9 Months Ended|
Jan. 01, 2017
|Notes to Financial Statements|
|Investment [Text Block]||
2001,Exar became a Limited Partner in the Skypoint Telecom Fund II (US), LP. (“Skypoint Fund”), a venture capital fund focused on investments in communications infrastructure companies. We account for this non-marketable equity investment under the cost method in the other non-current assets in the consolidated balance sheet. The partnership was dissolved and the fund distributed stock of investee companies to Exar during
firstquarter of fiscal year
We periodically review and determine whether the investment is other-than-temporarily impaired, in which case the investment is written down to its impaired value.
As of the date indicated below, our long-term investments balance, which is included in the other non-current assets line item on the condensed consolidated balance sheets, consisted of the following (in thousands):
2016,we donated the common shares of Counterpath and recorded the corresponding reduction in long term investment balances. At
2017the ending balance consists of an investment in a privately held company.
The entire disclosure for investments, including all tables.
Reference 1: http://www.xbrl.org/2003/role/presentationRef