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COMMITMENTS, CONTINGENCIES AND CONCENTRATIONS (Tables)

3 Months Ended

Dec. 30, 2017

Commitments and Contingencies Disclosure [Abstract]

Reserve for product warranty activity

The following table reflects the reserve for warranty activity for the three months ended December 30, 2017 and December 31, 2016: 

	Three months ended
(in thousands)	December 30, 2017				December 31, 2016
Reserve for warranty, beginning of period	$	11,833			$	4,138
Provision for warranty	2,037				607
Warranty costs paid	(639		)		(643		)
Reserve for warranty, end of period	$	13,231			$	4,102

Obligations not reflected on the Consolidated Balance Sheet

The following table reflects obligations not reflected on the Consolidated Condensed Balance Sheet as of December 30, 2017:

					Payments due by fiscal year
(in thousands)	Total				2018				2019				2020				2021				thereafter
Inventory purchase obligation (1)	$	193,638			$	193,638			$	—			$	—			$	—			$	—
Operating lease obligations (2)	18,905				2,765				2,910				2,594				1,768				8,868
Total	$	212,543			$	196,403			$	2,910			$	2,594			$	1,768			$	8,868

(1) The Company orders inventory components in the normal course of its business. A portion of these orders are non-cancellable, however, some orders impose varying penalties and charges in the event of cancellation.

(2) The Company has minimum rental commitments under various leases (excluding taxes, insurance, maintenance and repairs, which are also paid by the Company) primarily for various facility and equipment leases, which expire periodically through 2023 (not including lease extension options, if applicable).

Pursuant to ASC No. 840, Leases, for lessee's involvement in asset construction, the Company was considered the owner of the Building during the construction phase. The Building was completed on December 1, 2013 and Pte signed an agreement with the Landlord to lease from the Landlord approximately 198,000 square feet, representing approximately 70% of the Building. Following the completion of construction, we performed a sale-leaseback analysis pursuant to ASC 840-40 and determined that because of our continuing involvement, ASC 840-40 precluded us from derecognizing the asset and associated financing obligation. As such, we reclassified the asset from construction in progress to property, plant and equipment and began to depreciate the building over its estimated useful life of 25 years. We concluded that the term of the financing obligation is 10 years. This is equal to the non-cancellable term of our lease agreement with the Landlord. As of December 30, 2017, we recorded a financing obligation related to the Building of $16.9 million (see Note 10 above). The financing obligation is not reflected in the table above.

Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]

The following table reflects significant customer concentrations as a percentage of net revenue for the three months ended December 30, 2017 and December 31, 2016:

	Three months ended
	December 30, 2017			December 31, 2016
Haoseng Industrial Company Limited (1)	10.9	%		*
Tesla Motors	10.9	%		*
Samsung	*			10.2	%

(1) Distributor of the Company's products.

* Represented less than 10% of total net revenue

Significant customer concentrations as a percentage of total accounts receivable

The following table reflects significant customer concentrations as a percentage of total accounts receivable as of December 30, 2017 and December 31, 2016:

	As of
	December 30, 2017			December 31, 2016
Haoseng Industrial Company Limited (1)	29.6	%		13.3	%
Super Power International Ltd (1)	*			12.5	%
Xinye Electronics. Co.(1)	*			10.8	%

(1) Distributor of the Company's products.

* Represented less than 10% of total accounts receivable

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Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249

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Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer.

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