XML 24 R12.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Balance Sheet Components | 9 Months Ended
--- | ---
Sep. 28, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Balance Sheet Components | BALANCE SHEET COMPONENTS The following tables provide details of selected balance sheet components (in thousands):
| September 28, 2018 |  | December 31, 2017
Accounts receivable, net: |  |  |
Accounts receivable | $ | 81,059 |  |  | $ | 74,475 |
Less: allowances for doubtful accounts and sales returns | (3,073 | ) |  | (4,631 | )
Total | $ | 77,986 |  |  | $ | 69,844 |
| September 28, 2018 |  | December 31, 2017
Inventories: |  |  |
Raw materials | $ | 1,374 |  |  | $ | 2,881 |
Work-in-process | 847 |  |  | 933 |
Finished goods | 9,966 |  |  | 10,130 |
Service-related spares | 11,146 |  |  | 12,032 |
Total | $ | 23,333 |  |  | $ | 25,976 |
| September 28, 2018 |  | December 31, 2017
Prepaid expenses and other current assets: |  |  |
French R&D tax credits receivable(1) | $ | 7,453 |  |  | $ | 6,609 |
Deferred cost of revenue | 4,700 |  |  | 4,440 |
Contract assets(2) | 3,656 |  |  | — |
Prepaid maintenance, royalty, rent, property taxes and value added tax | 3,609 |  |  | 3,867 |
Capitalized commission | 1,259 |  |  | — |
Restricted cash(3) | 222 |  |  | 530 |
Other | 3,327 |  |  | 3,485 |
Total | $ | 24,226 |  |  | $ | 18,931 |
(1) The Company’s TVN subsidiary in France (the “TVN French Subsidiary”) participates in the French Crédit d’Impôt Recherche program (the “R&D tax credits”) which allows companies to monetize eligible research expenses. The R&D tax credits can be used to offset against income tax payable to the French government in each of the four years after being incurred, or if not utilized, are recoverable in cash. The amount of R&D tax credits recoverable are subject to audit by the French government. The R&D tax credits receivable at September 28, 2018 were approximately $25.6 million and are expected to be recoverable from 2019 through 2022 with $7.5 million reported as a component of “Prepaid expenses and other current assets” and $18.1 million reported as a component of “Other long-term assets” on the Company’s Condensed Consolidated Balance Sheets. (2) Contract assets reflect the satisfied performance obligations for which the Company does not yet have an unconditional right to consideration. (3) Amounts represent cash collateral security for certain bank guarantees. These restricted funds are invested in bank deposits and cannot be withdrawn from the Company’s accounts without the prior written consent of the applicable secured party.
| September 28, 2018 |  | December 31, 2017
Property and equipment, net: |  |  |
Machinery and equipment | $ | 88,167 |  |  | $ | 87,121 |
Capitalized software | 35,887 |  |  | 35,139 |
Leasehold improvements | 14,990 |  |  | 15,051 |
Furniture and fixtures | 6,506 |  |  | 6,534 |
Property and equipment, gross | 145,550 |  |  | 143,845 |
Less: accumulated depreciation and amortization | (121,399 | ) |  | (114,580 | )
Total | $ | 24,151 |  |  | $ | 29,265 |
| September 28, 2018 |  | December 31, 2017
Other long-term assets: |  |  |
R&D tax credits receivable | $ | 18,104 |  |  | $ | 22,322 |
Deferred tax assets | 9,362 |  |  | 10,462 |
Equity investment | 3,593 |  |  | 3,593 |
Others(1) | 7,565 |  |  | 6,536 |
Total | $ | 38,624 |  |  | $ | 42,913 |
(1) As of December 31, 2017, the Company had approximately $1.2 million of restricted cash for the bank guarantee associated with the TVN French Subsidiary’s office building lease. The restriction was subsequently released and accordingly, the amount was reclassified to “Cash and cash equivalents” in the nine months ended September 28, 2018.
| September 28, 2018 |  | December 31, 2017
Accrued and other current liabilities: |  |  |
Accrued employee compensation and related expenses | $ | 17,405 |  |  | $ | 16,414 |
Accrued warranty | 4,749 |  |  | 4,381 |
Customer deposits | 3,638 |  |  | 5,020 |
Contingent inventory reserves | 3,291 |  |  | 3,806 |
Accrued TVN VDP, current (1) | 2,100 |  |  | 3,186 |
Accrued royalty payments | 2,077 |  |  | 2,195 |
Accrued Avid litigation settlement, current | 1,500 |  |  | — |
Others | 15,974 |  |  | 13,703 |
Total | $ | 50,734 |  |  | $ | 48,705 |
(1) See Note 8, “Restructuring and related charges-TVN VDP,” for additional information on the Company’s TVN VDP liabilities.

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration