Property and Equipment Property, Plant and Equipment

3 Months Ended

Apr. 04, 2015

Property, Plant and Equipment [Abstract]

Property and equipment, net, consists of the following (in thousands):



	April 4, 2015			January 3, 2015
Machinery and equipment	$	39,383		$	38,588
Building and improvements	38,027			30,678
Land	22,894			22,894
Computer equipment	13,563			13,035
Tooling	12,603			12,317
Leasehold improvements	9,800			9,912
Furniture and office equipment	6,965			4,864
Demonstration units	948			972
Vehicles	45			45
Construction-in-progress	23,139			25,731
Total property and equipment	167,367			159,036
Accumulated depreciation and amortization	(58,702		)	(57,084		)
Property and equipment, net	$	108,665		$	101,952

Approximately $20.2 million of construction-in-progress is related to the purchase and renovation costs incurred in connection with the Company’s new corporate headquarters and research and development facility in Irvine, California, of which approximately $4.1 million is still recorded in accounts payable.

The gross value of furniture and office equipment under capital lease obligations was $0.6 million as of both April 4, 2015 and January 3, 2015, with accumulated depreciation of $0.4 million for each April 4, 2015 and January 3, 2015, respectively.

- 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.

+ References+ Details