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SUPPLEMENTAL BALANCE SHEET INFORMATOIN
12 Months Ended
Dec. 30, 2017
Supplemental Balance Sheet Information [Abstract]  
SUPPLEMENTAL BALANCE SHEET INFORMATION
SUPPLEMENTAL BALANCE SHEET INFORMATION
The composition of trade receivables, net is as follows:
 
December 30, 2017
 
December 31, 2016
 
(in thousands)
Client receivables
$
335,839

 
$
283,997

Unbilled revenue
96,297

 
82,203

Total
432,136

 
366,200

Less: Allowance for doubtful accounts
(2,120
)
 
(2,150
)
Trade receivables, net
$
430,016

 
$
364,050


The following amounts were recorded to the allowance for doubtful accounts in fiscal years 2017, 2016, and 2015; net provisions of $0.9 million; net recoveries of $0.5 million; and net provisions of $1.8 million, respectively.
The composition of inventories is as follows:
 
December 30, 2017
 
December 31, 2016
 
(in thousands)
Raw materials and supplies
$
19,858

 
$
18,893

Work in process
18,200

 
13,681

Finished products
76,898

 
63,259

Inventories
$
114,956

 
$
95,833

The composition of other current assets is as follows:
 
December 30, 2017
 
December 31, 2016
 
(in thousands)
Investments
$
28,489

 
$
3,771

Prepaid income tax
52,234

 
40,705

Restricted cash
592

 
532

Other current assets
$
81,315

 
$
45,008


The composition of property, plant and equipment, net is as follows:
 
December 30, 2017
 
December 31, 2016
 
(in thousands)
Land
$
48,989

 
$
47,392

Buildings (1)
812,230

 
784,129

Machinery and equipment (1)
450,992

 
403,123

Leasehold improvements
52,969

 
47,071

Furniture and fixtures
27,455

 
24,148

Computer hardware and software
140,216

 
127,283

Vehicles (1)
4,582

 
4,118

Construction in progress
45,518

 
24,703

Total
1,582,951

 
1,461,967

Less: Accumulated depreciation
(800,978
)
 
(706,140
)
Property, plant and equipment, net
$
781,973

 
$
755,827


(1) These balances include assets under capital lease. See Note 7, “Long-Term Debt and Capital Lease Obligations.”
Depreciation expense in fiscal years 2017, 2016 and 2015 was $89.8 million, $85.0 million and $70.7 million, respectively.
The composition of other assets is as follows:
 
December 30, 2017
 
December 31, 2016
 
(in thousands)
Life insurance policies
$
34,008

 
$
29,456

Venture capital investments
71,101

 
45,331

Restricted cash
1,945

 
1,736

Other
16,948

 
11,907

Other assets
$
124,002

 
$
88,430


The composition of other current liabilities is as follows:
 
December 30, 2017
 
December 31, 2016
 
(in thousands)
Accrued income taxes
$
43,250

 
$
25,621

Other
1,210

 
879

Other current liabilities
$
44,460

 
$
26,500


The composition of other long-term liabilities is as follows:
 
December 30, 2017
 
December 31, 2016
 
(in thousands)
Transition Tax (Note 9)
$
61,038

 
$

Long-term pension liability
52,364

 
89,984

Accrued executive supplemental life insurance retirement plan and deferred compensation plan
37,582

 
32,880

Other
43,831

 
36,375

Other long-term liabilities
$
194,815

 
$
159,239