v3.2.0.727
Balance Sheet Components
|
6 Months Ended |
|
Balance Sheet Related Disclosures [Abstract] |
|
Balance Sheet Components |
Balance Sheet Components
Available-for-sale short-term investments (in thousands)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of | | | | | | Cost | | Unrealized Gain | | Unrealized Loss | | Estimated Fair Value | | Cost | | Unrealized Gain | | Unrealized Loss | | Estimated Fair Value | U.S. treasuries | $ | 74,972 |
| | $ | 19 |
| | $ | — |
| | $ | 74,991 |
| | $ | 114,944 |
| | $ | 6 |
| | $ | (15 | ) | | $ | 114,935 |
| Certificates of deposit | 151 |
| | — |
| | — |
| | 151 |
| | 158 |
| | — |
| | — |
| | 158 |
| Total | $ | 75,123 |
| | $ | 19 |
| | $ | — |
| | $ | 75,142 |
| | $ | 115,102 |
| | $ | 6 |
| | $ | (15 | ) | | $ | 115,093 |
|
The Company’s short-term investments are primarily comprised of marketable securities that are classified as available-for-sale and consist of government securities with an original maturity or remaining maturity at the time of purchase of greater than three months and no more than 12 months. Accordingly, none of the available-for-sale securities have unrealized losses greater than 12 months.
Accounts receivable, net (in thousands) | | | | | | | | | | As of | | | | | Gross accounts receivable | $ | 263,877 |
| | $ | 296,239 |
| Allowance for doubtful accounts | (1,255 | ) | | (1,255 | ) | Allowance for sales returns | (13,704 | ) | | (17,489 | ) | Allowance for price protection | (2,425 | ) | | (1,806 | ) | Total allowances | (17,384 | ) | | (20,550 | ) | Total accounts receivable, net | $ | 246,493 |
| | $ | 275,689 |
|
Inventories (in thousands) | | | | | | | | | | As of | | | | | Raw materials | $ | 3,338 |
| | $ | 3,625 |
| Work in process | — |
|
| 8 |
| Finished goods | 185,330 |
| | 219,250 |
| Total inventories | $ | 188,668 |
| | $ | 222,883 |
|
The Company records provisions for excess and obsolete inventory based on forecasts of future demand. While management believes the estimates and assumptions underlying its current forecasts are reasonable, there is risk that additional charges may be necessary if current forecasts are greater than actual demand.
Property and equipment, net (in thousands) | | | | | | | | | | As of | | | | | Computer equipment | $ | 10,002 |
| | $ | 9,779 |
| Furniture, fixtures and leasehold improvements | 17,984 |
| | 19,379 |
| Software | 29,908 |
| | 29,294 |
| Machinery and equipment | 63,391 |
| | 60,135 |
| Total property and equipment, gross | 121,285 |
| | 118,587 |
| Accumulated depreciation and amortization | (95,694 | ) | | (88,893 | ) | Total property and equipment, net | $ | 25,591 |
| | $ | 29,694 |
|
Depreciation and amortization expense pertaining to property and equipment was $4.6 million and $9.4 million for the three and six months ended June 28, 2015, respectively, and $4.2 million and $8.5 million for the three and six months ended June 29, 2014, respectively.
Intangibles, net (in thousands) | | | | | | | | | | | | | | Gross | | Accumulated Amortization | | Net | | | | | | | Technology | $ | 61,099 |
| | $ | (44,067 | ) | | $ | 17,032 |
| | 56,500 |
| | (19,748 | ) | | 36,752 |
| Other | 10,545 |
| | (6,895 | ) | | 3,650 |
| Total intangibles, net | $ | 128,144 |
| | $ | (70,710 | ) | | $ | 57,434 |
|
| | | | | | | | | | | | | | Gross | | Accumulated Amortization | | Net | | | | | | | Technology | $ | 61,099 |
| | $ | (39,341 | ) | | $ | 21,758 |
| | 56,500 |
| | (16,205 | ) | | 40,295 |
| Other | 10,545 |
| | (6,368 | ) | | 4,177 |
| Total intangibles, net | $ | 128,144 |
| | $ | (61,914 | ) | | $ | 66,230 |
|
Amortization of intangibles was $4.3 million and $8.8 million for the three and six months ended June 28, 2015, respectively, and $4.4 million and $8.9 million for the three and six months ended June 29, 2014, respectively. .
Estimated amortization expense related to intangibles for each of the next five years and thereafter is as follows (in thousands): | | | | | Year Ending December 31 | Amount | 2015 (remaining six months) | $ | 8,487 |
| 2016 | 16,921 |
| 2017 | 11,386 |
| 2018 | 7,871 |
| 2019 | 6,028 |
| Thereafter | 6,741 |
| Total estimated amortization expense | $ | 57,434 |
|
Other non-current assets (in thousands) | | | | | | | | | | As of | | | | | Non-current deferred income taxes | $ | 39,396 |
| | $ | 38,696 |
| Cost method investment | 1,322 |
| | 1,322 |
| Other | 7,634 |
| | 8,059 |
| Total other non-current assets | $ | 48,352 |
| | $ | 48,077 |
|
Other accrued liabilities (in thousands) | | | | | | | | | | As of | | | | | Sales and marketing programs | $ | 44,689 |
| | $ | 54,582 |
| Warranty obligation | 40,967 |
| | 44,888 |
| Freight | 4,490 |
| | 6,827 |
| Other | 33,701 |
| | 37,445 |
| Total other accrued liabilities | $ | 123,847 |
| | $ | 143,742 |
|
|
X |
- DefinitionThe entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement.
+ References
+ Details
Name: |
us-gaap_AdditionalFinancialInformationDisclosureTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
nonnum:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
|