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Balance sheet components | 12 Months Ended
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Sep. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Balance sheet components | Balance sheet components The following tables show the Company’s balance sheet component details as of September 28, 2019 and September 29, 2018. Accounts receivable allowances The following table summarizes changes in the allowance for doubtful accounts for fiscal 2019, 2018 and 2017:
| 2019 |  | 2018 |  | 2017
(In thousands) |  |  |  |  |
Beginning balance | $ | 872 |  |  | $ | 804 |  |  | $ | 726 |
Increases | 1,034 |  |  | 635 |  |  | 449 |
Write-offs | (651 | ) |  | (567 | ) |  | (371 | )
Ending balance | $ | 1,255 |  |  | $ | 872 |  |  | $ | 804 |
The following table summarizes the changes in the allowance for sales incentives for fiscal 2019, 2018 and 2017:
| 2019 |  | 2018 |  | 2017
(In thousands) |  |  |  |  |
Beginning balance | $ | 11,754 |  |  | $ | 11,195 |  |  | $ | 8,913 |
Charged to revenue | 87,703 |  |  | 90,246 |  |  | 65,879 |
Utilization of sales incentive allowance | (79,406 | ) |  | (89,687 | ) |  | (63,597 | )
Ending balance | $ | 20,051 |  |  | $ | 11,754 |  |  | $ | 11,195 |
Inventories Inventories, net, consist of the following:
| 2019 |  | 2018
(In thousands)
Finished goods | $ | 207,723 |  |  | $ | 176,181 |
Components | 12,061 |  |  | 17,012 |
Inventories | $ | 219,784 |  |  | $ | 193,193 |
Property and equipment, net Property and equipment, net consist of the following:
| 2019 |  | 2018
(In thousands)
Computer hardware and software | $ | 47,775 |  |  | $ | 46,385 |
Furniture and fixtures | 9,594 |  |  | 9,696 |
Tooling and production line test equipment | 54,536 |  |  | 47,297 |
Leasehold improvements | 58,944 |  |  | 53,962 |
Product displays | 45,672 |  |  | 40,265 |
Total property and equipment | 216,521 |  |  | 197,605 |
Accumulated depreciation and amortization | (138,382 | ) |  | (112,234 | )
Property and equipment, net | $ | 78,139 |  |  | $ | 85,371 |
Depreciation expense was $36.4 million, $39.4 million and $35.0 million for fiscal 2019, 2018 and 2017, respectively. During fiscal 2019, 2018 and 2017, the Company disposed of gross fixed assets of $10.2 million, $35.8 million and $11.5 million, with accumulated depreciation of $9.3 million, $35.6 million and $11.2 million, respectively. Disposals of fixed assets were recorded in operating expenses in the consolidated statements of operations and comprehensive loss and resulted in losses of $0.8 million, $0.2 million and $0.2 million for fiscal 2019, 2018 and 2017, respectively. Accrued expenses Accrued expenses consisted of the following:
| 2019 |  | 2018
(In thousands)
Accrued advertising and marketing | $ | 25,662 |  |  | $ | 11,613 |
Accrued taxes | 4,388 |  |  | 4,175 |
Accrued inventory | 6,494 |  |  | 4,179 |
Accrued manufacturing, logistics and product development | 14,783 |  |  | 8,290 |
Accrued general and administrative | 12,455 |  |  | 3,322 |
Other accrued payables | 6,074 |  |  | 7,108 |
Total accrued expenses | $ | 69,856 |  |  | $ | 38,687 |
The following table summarizes the changes in the deferred revenue balances:
| 2019 |  | 2018 |  | 2017
(In thousands) |  |  |  |  |
Deferred revenue, beginning of period | $ | 50,967 |  |  | $ | 45,567 |  |  | $ | 36,160 |
Recognition of revenue included in beginning of period deferred revenue | (11,934 | ) |  | (10,627 | ) |  | (6,878 | )
Revenue deferred, net of revenue recognized on contracts in the respective period | 17,416 |  |  | 16,027 |  |  | 16,285 |
Deferred revenue, end of period | $ | 56,449 |  |  | $ | 50,967 |  |  | $ | 45,567 |
The Company expected the following recognition of deferred revenue as of September 28, 2019:
| For the fiscal years ending |  |
(In thousands) | 2020 |  | 2021 |  | 2022 |  | 2023 |  | 2024 and Beyond |  | Total
Revenue expected to be recognized | $ | 13,654 |  |  | $ | 12,143 |  |  | $ | 10,297 |  |  | $ | 8,369 |  |  | $ | 11,986 |  |  | $ | 56,449 |
Other current liabilities Other current liabilities consist of the following:
| September 28, 2019 |  | September 29, 2018
(In thousands) |  |  |
Reserve for returns | $ | 12,110 |  |  | $ | 5,005 |
Product warranty liability | 3,254 |  |  | 2,450 |
Other | 2,184 |  |  | 3,403 |
Total other current liabilities | $ | 17,548 |  |  | $ | 10,858 |
The following table presents the changes in the Company’s warranty liability for the fiscal years ended September 28, 2019 and September 29, 2018:
| September 28, 2019 |  | September 29, 2018
(In thousands) |  |  |
Warranty liability, beginning of period | $ | 2,450 |  |  | $ | 2,437 |
Provision for warranties issued during the period | 12,795 |  |  | 10,678 |
Settlements of warranty claims during the period | (11,991 | ) |  | (10,665 | )
Warranty liability, end of period | $ | 3,254 |  |  | $ | 2,450 |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
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