Property and Equipment

12 Months Ended

Jan. 02, 2016

Property, Plant and Equipment [Abstract]

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



	January 2, 2016			January 3, 2015
Building and building improvements	$	78,877		$	30,678
Machinery and equipment	42,460			38,588
Land	23,738			22,894
Computer equipment	15,023			13,035
Tooling	13,079			12,317
Leasehold improvements	7,734			9,912
Furniture and office equipment	8,885			4,864
Demonstration units	973			972
Vehicles	45			45
Construction-in-progress	7,124			25,731
Total property and equipment	197,938			159,036
Accumulated depreciation and amortization	(65,472		)	(57,084		)
Total	$	132,466		$	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 $0.7 million was recorded to land and $5.7 million was recorded to building and improvements.

During the year ended January 2, 2016, the Company completed construction of certain renovations to its new corporate headquarters and research and development facility in Irvine, California, resulting in the occupancy of approximately 108,000 of additional square feet of office and engineering lab space and the reclassification of approximately $41.7 million from construction-in-progress to building and improvements. Approximately $4.0 million and $20.3 million of construction-in-progress relates to the initial purchase and subsequent renovation costs for the new corporate headquarters and research and development facility as of January 2, 2016 and January 3, 2015, respectively. Approximately $4.2 million and $10.0 million of construction costs related to this facility are included in accounts payable as of January 2, 2016 and January 3, 2015, respectively. The Company capitalized approximately $0.4 million and $0.6 million of interest expense related to the purchase and renovation of this facility during the years ended January 2, 2016 and January 3, 2015, respectively.

The gross value of furniture and office equipment under capital lease obligations was $0.4 million and $0.6 million as of January 2, 2016 and January 3, 2015, respectively, with accumulated depreciation of $0.3 million and $0.4 million as of January 2, 2016 and January 3, 2015, respectively.