Property and Equipment Property, Plant and Equipment

6 Months Ended

Jul. 04, 2015

Property, Plant and Equipment [Abstract]

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



	July 4, 2015			January 3, 2015
Machinery and equipment	$	41,269		$	38,588
Building and improvements	44,469			30,678
Land	23,549			22,894
Computer equipment	14,640			13,035
Tooling	12,991			12,317
Leasehold improvements	7,212			9,912
Furniture and office equipment	7,155			4,864
Demonstration units	980			972
Vehicles	45			45
Construction-in-progress	29,843			25,731
Total cost	182,153			159,036
Accumulated depreciation and amortization	(59,430		)	(57,084		)
Property and equipment, net	$	122,723		$	101,952

In June 2015, the Company, through a wholly owned subsidiary, completed the purchase of its previously leased 90,000 square foot manufacturing, office and warehouse facility located in New Hampshire (the Property). The total purchase price of the Property, inclusive of closing costs and amounts allocable to certain intangible assets and the termination of the existing lease, was $8.5 million, of which $6.3 million was recorded to land, building and improvements.

Approximately $27.2 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 $6.2 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 July 4, 2015 and January 3, 2015, with accumulated depreciation of $0.5 million and $0.4 million as of July 4, 2015 and January 3, 2015, respectively.