Property and Equipment

12 Months Ended

Jun. 28, 2015

Note 11: Property and Equipment

Property and equipment, net, consist of the following:


	June 28, 2015			June 29, 2014
	(in thousands)
Manufacturing, engineering and office equipment	$	717,788		$	612,688
Computer equipment and software		137,623			131,184
Land		53,391			52,784
Buildings		238,631			199,544
Leasehold improvements		81,899			80,569
Furniture and fixtures		21,629			20,026

		1,250,961			1,096,795
Less: accumulated depreciation and amortization		(629,543	)		(553,299	)


	$	621,418		$	543,496

Depreciation expense, including amortization of capital leases, during fiscal years 2015, 2014, and 2013, was $120.3 million, $129.1 million, and $126.5 million, respectively. During the fiscal year 2015, the Company invested $12.7 million to purchase a commercial building in Fremont, California.

During the fiscal year 2014, the Company recorded an $83.1 million gain on sale of real estate in the Consolidated Statement of Operations in fiscal year 2014. No significant gains on sale were realized in fiscal year 2015 or 2013.