BALANCE SHEET COMPONENTS

The following tables reflect the components of significant balance sheet accounts as of June 28, 2014 and September 28, 2013:



	As of
(in thousands)	June 28, 2014			September 28, 2013
Short term investments, available-for-sale:
Deposits maturing within one year (1)	$	2,600		$	3,252

Inventories, net:
Raw materials and supplies	$	27,438		$	19,703
Work in process	24,695			12,219
Finished goods	15,547			20,333
	67,680			52,255
Inventory reserves	(13,758		)	(14,120		)
	$	53,922		$	38,135
Property, plant and equipment, net:
Buildings and building improvements (2)	$	31,132		$	3,060
Leasehold improvements	14,009			15,763
Data processing equipment and software	27,333			24,549
Machinery, equipment, furniture and fixtures	44,331			48,998
Construction in progress (2)	—			19,396
	116,805			111,766
Accumulated depreciation	(64,574		)	(64,225		)
	$	52,231		$	47,541
Accrued expenses and other current liabilities:
Wages and benefits	$	19,101		$	19,779
Accrued customer obligations (3)	8,549			8,270
Commissions and professional fees	2,318			2,640
Deferred rent	1,896			1,097
Severance	1,290			1,468
Other	8,252			5,614
	$	41,406		$	38,868

(1)

All short-term investments were classified as available-for-sale and were measured at fair value based on level one measurement, or quoted market prices, as defined by ASC 820. As of June 28, 2014 and September 28, 2013, fair value approximated the cost basis for short-term investments. The Company did not recognize any realized gains or losses on the sale of investments during the three and nine months ended June 28, 2014 and June 29, 2013.

(2)

Pursuant to ASC No. 840, Leases, the Company was considered to be the owner of the building during the construction phase for the Agreement to Develop and Lease (the “ADL”) facility being developed by Mapletree Industrial Trust (the “Landlord”) in Singapore—see Notes 7 and 12 below. The building was completed on December 1, 2013 and the construction costs incurred in relation to the relevant proportion of the Company's lease were recognized on the Consolidated Balance Sheet as of June 28, 2014.


(3)	Represents customer advance payments, customer credit program, accrued warranty expense and accrued retrofit costs.