XML 43 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Prepaid Expenses and Other Assets, and Other Assets
9 Months Ended
Sep. 28, 2013
Prepaid Expenses and Other Assets, and Other Assets  
Prepaid Expenses and Other Assets, and Other Assets

6. Prepaid Expenses and Other Assets, and Other Assets

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

 
  September 28,
2013
  December 29,
2012
 

Forgivable loans and term loans to employees and non-employee experts

  $ 4,596   $ 11,875  

Subscriptions and licenses

    1,758     1,395  

Income taxes receivable

    1,731     4,104  

Prepaid insurance

    1,585     1,330  

Prepaid rent and deposits

    1,190     968  

Other

    2,685     3,329  
           

Total

  $ 13,545   $ 23,001  
           

        Other assets consist of the following (in thousands):

 
  September 28,
2013
  December 29,
2012
 

Forgivable loans and term loans to employees and non-employee experts

  $ 50,597   $ 17,364  

Other

    3,668     4,307  
           

Total

  $ 54,265   $ 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 September 28, 2013 and December 29, 2012. The forgivable loans have terms that are generally 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 fiscal year-to-date period ended September 28, 2013, the Company issued approximately $38.1 million in forgivable loans to employees and non-employee experts for future service.