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Balance Sheet Components | 6 Months Ended
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Jun. 28, 2019
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):
| June 28, 2019 |  | December 31, 2018
Accounts receivable, net: |  |  |
Accounts receivable | $ | 73,349 |  |  | $ | 85,292 |
Less: allowances for doubtful accounts and sales returns | (2,778 | ) |  | (3,497 | )
Total | $ | 70,571 |  |  | $ | 81,795 |
| June 28, 2019 |  | December 31, 2018
Inventories: |  |  |
Raw materials | $ | 1,199 |  |  | $ | 1,705 |
Work-in-process | 1,052 |  |  | 991 |
Finished goods | 15,308 |  |  | 12,267 |
Service-related spares | 10,100 |  |  | 10,675 |
Total | $ | 27,659 |  |  | $ | 25,638 |
| June 28, 2019 |  | December 31, 2018
Prepaid expenses and other current assets: |  |  |
Deferred cost of revenue | $ | 8,153 |  |  | $ | 3,671 |
Prepaid expenses | 7,998 |  |  | 4,834 |
Contract assets(1) | 4,163 |  |  | 3,834 |
Capitalized sales commissions | 1,168 |  |  | 1,098 |
French R&D tax credits receivable | — |  |  | 7,305 |
Other | 7,727 |  |  | 2,538 |
Total | $ | 29,209 |  |  | $ | 23,280 |
(1) Contract assets reflect the satisfied performance obligations for which the Company does not yet have an unconditional right to consideration.
| June 28, 2019 |  | December 31, 2018
Property and equipment, net: |  |  |
Machinery and equipment | $ | 74,675 |  |  | $ | 75,094 |
Capitalized software | 33,375 |  |  | 32,696 |
Leasehold improvements | 14,963 |  |  | 14,951 |
Furniture and fixtures | 6,045 |  |  | 6,049 |
Property and equipment, gross | 129,058 |  |  | 128,790 |
Less: accumulated depreciation and amortization | (109,746 | ) |  | (106,469 | )
Total | $ | 19,312 |  |  | $ | 22,321 |
| June 28, 2019 |  | December 31, 2018
Other long-term assets: |  |  |
French R&D tax credits receivable(2) | $ | 21,830 |  |  | $ | 19,249 |
Deferred tax assets | 8,932 |  |  | 8,695 |
Equity investment | 3,593 |  |  | 3,593 |
Other | 8,190 |  |  | 6,840 |
Total | $ | 42,545 |  |  | $ | 38,377 |
(2) 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 June 28, 2019 were approximately $21.8 million and are expected to be recoverable from 2020 through 2023.
| June 28, 2019 |  | December 31, 2018
Accrued and other current liabilities: |  |  |
Accrued employee compensation and related expenses | $ | 16,694 |  |  | $ | 21,451 |
Operating lease liability (short-term) | 10,519 |  |  | — |
Accrued warranty | 4,802 |  |  | 4,869 |
Contingent inventory reserves | 2,263 |  |  | 2,500 |
Accrued TVN VDP, current (3) | 1,285 |  |  | 1,585 |
Accrued Avid litigation settlement, current | — |  |  | 1,500 |
Others | 21,201 |  |  | 20,856 |
Total | $ | 56,764 |  |  | $ | 52,761 |
(3) See Note 10, “Restructuring and related charges-TVN VDP,” for additional information on the Company’s TVN VDP liabilities.
| June 28, 2019 |  | December 31, 2018
Other non-current liabilities: |  |  |
Operating lease liability (long-term) | $ | 27,009 |  |  | $ | — |
Deferred revenue (long-term) | 4,561 |  |  | 5,330 |
Others | 9,741 |  |  | 12,898 |
Total | $ | 41,311 |  |  | $ | 18,228 |

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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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