PROPERTY AND EQUIPMENT, NET

9 Months Ended

Mar. 30, 2014

NOTE 6 — PROPERTY AND EQUIPMENT, NET

Property and equipment, net, consists of the following:


	March 30,			June 30,
	2014			2013
	(in thousands)
Manufacturing, engineering and office equipment	$	590,505		$	521,047
Computer equipment and software		128,753			120,144
Land		55,951			65,360
Buildings		207,537			249,126
Leasehold improvements		79,152			76,225
Furniture and fixtures		24,824			21,110

		1,086,722			1,053,012
Less: accumulated depreciation and amortization		(534,131	)		(449,102	)

	$	552,591		$	603,910

During the nine months ended March 30, 2014, the Company sold or reclassified to assets held-for-sale property and equipment with a net book value of $69 million as a result of facility consolidation. These assets consisted primarily of buildings and land, resulting in the decreases to those asset categories in the table above.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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