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SUPPLEMENTAL BALANCE SHEET INFORMATION
6 Months Ended
Jun. 29, 2019
Supplemental Balance Sheet Information [Abstract]  
SUPPLEMENTAL BALANCE SHEET INFORMATION SUPPLEMENTAL BALANCE SHEET INFORMATION
The composition of trade receivables, net is as follows:
 
June 29, 2019
 
December 29, 2018
 
(in thousands)
Client receivables
$
422,031

 
$
370,131

Unbilled revenue
126,306

 
105,216

Total
548,337

 
475,347

Less: Allowance for doubtful accounts
(3,189
)
 
(3,099
)
Trade receivables, net
$
545,148

 
$
472,248


The composition of inventories is as follows:
 
June 29, 2019
 
December 29, 2018
 
(in thousands)
Raw materials and supplies
$
24,665

 
$
22,378

Work in process
22,730

 
21,732

Finished products
87,530

 
83,782

Inventories
$
134,925

 
$
127,892


The composition of other current assets is as follows:
 
June 29, 2019
 
December 29, 2018
 
(in thousands)
Prepaid income tax
$
66,908

 
$
47,157

Investments
887

 
885

Restricted cash
498

 
465

Other
618

 
300

Other current assets
$
68,911

 
$
48,807


The composition of other assets is as follows:
 
June 29, 2019
 
December 29, 2018
 
(in thousands)
Venture capital investments
$
99,748

 
$
87,545

Other investments
12,492

 
1,046

Life insurance policies
35,821

 
32,340

Restricted cash
1,499

 
1,411

Other
32,790

 
21,417

Other assets
$
182,350

 
$
143,759


The composition of other current liabilities is as follows:
 
June 29, 2019
 
December 29, 2018
 
(in thousands)
Current portion of operating lease right-of-use liabilities
$
19,405

 
$

Accrued income taxes
22,254

 
24,120

Customer contract deposits
32,923

 
38,245

Other
7,413

 
8,915

Other current liabilities
$
81,995

 
$
71,280


The composition of other long-term liabilities is as follows:
 
June 29, 2019
 
December 29, 2018
 
(in thousands)
U.S. Transition Tax
$
52,066

 
$
52,064

Long-term pension liability
29,025

 
24,671

Accrued executive supplemental life insurance retirement plan
36,976

 
36,086

Long-term deferred revenue
27,744

 
34,420

Other
34,778

 
31,880

Other long-term liabilities
$
180,589

 
$
179,121