6. Prepaid Expenses and Other Assets, and Other Assets

Prepaid expenses and other assets consist of the following (in thousands):

	March 30, 2013		December 29, 2012

Forgivable loans and term loans to employees and non-employee experts	$	5,194	$	11,875
Income taxes receivable		5,382		4,104
Prepaid insurance		1,717		1,330
Subscriptions and licenses		1,477		1,395
Prepaid rent and deposits		773		968
Other		3,436		3,329

Total	$	17,979	$	23,001

Other assets consist of the following (in thousands):

	March 30, 2013		December 29, 2012

Forgivable loans and term loans to employees and non-employee experts	$	53,230	$	17,364
Other		3,786		4,307

Total	$	57,016	$	21,671

In order to attract and retain highly skilled professionals, the Company may issue forgivable loans or term loans to employees and non-employee experts which are classified in "prepaid expenses and other assets" and "other assets" on the accompanying balance sheets as of March 30, 2013 and December 29, 2012. A portion of the term loans are collateralized. The forgivable loans are unsecured with terms between three and eight years. The principal amount of forgivable loans and accrued interest is forgiven by the Company over the term of the loans, so long as the employee or non-employee expert continues employment or affiliation with the Company and complies with certain contractual requirements. The expense associated with the forgiveness of the principal amount of the loans is recorded as compensation expense over the service period, which is consistent with the term of the loans. During the first quarter of fiscal 2013, the Company issued approximately $9.9 million in forgivable loans to employees and non-employee experts for future service. As of March 30, 2013, the Company had obligations to issue approximately $21.5 million in forgivable loans to employees and non-employee experts for future service, which are included in the $53.2 million of such loans reported as of March 30, 2013 in the table above. The Company expects that the $21.5 million in loans will be issued, and the corresponding payments will be made, in the second quarter of fiscal 2013.

Included in the $21.5 million above are amounts that the Company has agreed to pay to certain employees of an acquired business based on specific performance targets achieved through fiscal 2012. Retention of amounts paid to the individual employees is contingent on their continued employment with us through 2016. The amount of the award, which was determined at the end of fiscal 2012, was approximately $6.2 million and is being expensed over the seven and a half year service period ending in December 2016. Also included in the $21.5 million above are additional awards in the aggregate amount of approximately $3.8 million that were granted during the first quarter of fiscal 2013 to certain employees of the acquired business for future services and that will be expensed over the term of the loans, which is approximately four years from the date of issuance.