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Balance sheet components (Tables)
9 Months Ended
Jun. 27, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of accounts receivable
Accounts receivable, net of allowances, consist of the following:
June 27,
2020
September 28,
2019
(In thousands)
Accounts receivable$65,450  $124,049  
Allowance for doubtful accounts(1,369) (1,255) 
Allowance for sales incentives(13,723) (20,051) 
Accounts receivable, net of allowances$50,358  $102,743  
Schedule of inventories, net
Inventories consist of the following:
June 27,
2020
September 28,
2019
(In thousands)
Finished goods $78,727  $207,723  
Component parts9,714  12,061  
Inventories $88,441  $219,784  
Schedule of goodwill
The following table presents details of the Company's goodwill for the nine months ended June 27, 2020:
(In thousands)
Balance as of September 28, 2019$1,005  
Goodwill acquired14,282  
Purchase price adjustment258  
Balance as of June 27, 2020$15,545  
Schedule of finite-lived intangible assets, future amortization expense
The following table reflects the changes in the net carrying amount of the components of intangible assets associated with the Company's acquisition activity:
June 27, 2020
Gross Carrying AmountAccumulated AmortizationNet Carrying ValueWeighted-Average Remaining Life
(In thousands, except weighted-average remaining life)
Technology$7,583  $(929) $6,654  3.80
Other39  (11) 28  1.42
Total finite-lived intangible assets7,622  (940) 6,682  3.79
In-process research and development and other intangible assets not subject to amortization20,100  —  20,100  
Total intangible assets$27,722  $(940) $26,782  

The following table summarizes estimated future amortization expense of the Company's intangible assets as of June 27, 2020:
Fiscal years endingFuture Amortization Expense
(In thousands)
Remainder of fiscal 2020$475  
20211,899  
20221,883  
20231,235  
20241,020  
2025 and thereafter170  
Total future amortization expense$6,682  
Schedule of accrued expenses
Accrued expenses consist of the following:

June 27,
2020
September 28,
2019
 (In thousands)
Accrued advertising and marketing$10,180  $25,662  
Accrued taxes9,861  4,388  
Accrued inventory2,844  6,494  
Accrued manufacturing, logistics and product development13,654  14,783  
Accrued general and administrative expenses6,927  12,455  
Other accrued payables4,284  6,074  
Total accrued expenses$47,750  $69,856  
Changes in deferred balances and expected revenue recognition
The following table presents the changes in the Company’s deferred revenue for the nine months ended June 27, 2020 and June 29, 2019:
June 27,
2020
June 29,
2019
(In thousands)
Deferred revenue, beginning of period$56,449  $50,967  
Recognition of revenue included in beginning of period deferred revenue(10,210) (8,827) 
Revenue deferred, net of revenue recognized on contracts in the respective period14,126  13,966  
Deferred revenue, end of period$60,365  $56,106  
Remaining performance obligation
The Company expects the following recognition of deferred revenue as of June 27, 2020:
For the fiscal years ending
20202021  202220232024 and BeyondTotal
(In thousands)
Deferred revenue expected to be recognized$3,865  $14,271  $12,425  $10,497  $19,307  $60,365  
Schedule of other current liabilities
Other current liabilities consist of the following:
June 27,
2020
September 28,
2019
(In thousands)
Reserve for returns$12,284  $12,110  
Short-term operating lease liabilities11,626  —  
Product warranty liability3,206  3,254  
Other2,235  2,184  
Total other current liabilities$29,351  $17,548  
Schedule of product warranty liability
The following table presents the changes in the Company’s warranty liability for the nine months ended June 27, 2020 and June 29, 2019:
June 27,
2020
June 29,
2019
(In thousands)
Warranty liability, beginning of period$3,254  $2,450  
Provision for warranties issued during the period9,609  9,474  
Settlements of warranty claims during the period(9,657) (8,828) 
Warranty liability, end of period$3,206  $3,096