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Balance Sheet Components | 6 Months Ended
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Dec. 29, 2017
Balance Sheet Related Disclosures [Abstract] |
Balance Sheet Components | Balance Sheet Components Cash, Cash Equivalents and Restricted Cash The following table provides a summary of our cash, cash equivalents and restricted cash:
(In thousands) | December 29, 2017 |  | June 30, 2017
Cash and cash equivalents | $ | 40,352 |  |  | $ | 35,658 |
Restricted cash | 1,772 |  |  | 541 |
Restricted cash included in Other assets | 357 |  |  | 370 |
Total cash, cash equivalents, and restricted cash | $ | 42,481 |  |  | $ | 36,569 |
Accounts Receivable, net Our net accounts receivable were as follows:
(In thousands) | December 29, 2017 |  | June 30, 2017
Accounts receivable | $ | 46,696 |  |  | $ | 49,864 |
Less allowances for collection losses | (3,598 | ) |  | (3,919 | )
| $ | 43,098 |  |  | $ | 45,945 |
Inventories Our inventories were as follows:
(In thousands) | December 29, 2017 |  | June 30, 2017
Finished products | $ | 19,823 |  |  | $ | 16,619 |
Work in process | 2,963 |  |  | 3,088 |
Raw materials and supplies | 1,770 |  |  | 2,087 |
Total inventories | $ | 24,556 |  |  | $ | 21,794 |
Deferred cost of revenue included within finished goods | $ | 8,354 |  |  | $ | 7,120 |
Consigned inventories included within raw materials and supplies | $ | 948 |  |  | $ | 1,268 |
We record recovery or charges to adjust our inventory and customer service inventory due to excess and obsolete inventory resulting from lower sales forecasts, product transitioning or discontinuance. During the three and six months ended December 29, 2017, we recorded a net recovery of $0.1 million and $0.1 million, respectively, related to previously reserved inventory due to sell through. During the three and six months ended December 30, 2016, we recorded a net write down charge of $0.1 million and $0.6 million, respectively. Such recovery or charges during the three and six months ended December 29, 2017 and December 30, 2016 were classified in cost of product sales as follows:
| Three Months Ended |  | Six Months Ended
(In thousands) | December 29, 2017 |  | December 30, 2016 |  | December 29, 2017 |  | December 30, 2016
Excess and obsolete inventory (recovery) charges | $ | 106 |  |  | $ | 94 |  |  | $ | (143 | ) |  | $ | 568 |
Customer service inventory write-downs | 158 |  |  | 242 |  |  | 348 |  |  | 529 |
| $ | 264 |  |  | $ | 336 |  |  | $ | 205 |  |  | $ | 1,097 |
Property, Plant and Equipment, net Our property, plant and equipment, net were as follows:
(In thousands) | December 29, 2017 |  | June 30, 2017
Land | $ | 710 |  |  | $ | 710 |
Buildings and leasehold improvements | 11,391 |  |  | 11,442 |
Software | 15,486 |  |  | 14,803 |
Machinery and equipment | 45,924 |  |  | 43,174 |
| 73,511 |  |  | 70,129 |
Less accumulated depreciation and amortization | (56,580 | ) |  | (53,723 | )
| $ | 16,931 |  |  | $ | 16,406 |
Depreciation and amortization expense related to property, plant and equipment was as follows:
| Three Months Ended |  | Six Months Ended
(In thousands) | December 29, 2017 |  | December 30, 2016 |  | December 29, 2017 |  | December 30, 2016
Depreciation and amortization | $ | 1,308 |  |  | $ | 1,467 |  |  | $ | 2,590 |  |  | $ | 3,136 |
Accrued Expenses Our accrued expenses are summarized below:
(In thousands) | December 29, 2017 |  | June 30, 2017
Accrued compensation and benefits | $ | 7,342 |  |  | $ | 8,317 |
Accrued warranties | 3,168 |  |  | 3,056 |
Other | 9,332 |  |  | 10,560 |
| $ | 19,842 |  |  | $ | 21,933 |
Accrued Warranties We accrue for the estimated cost to repair or replace products under warranty at the time of sale. Changes in our warranty liability, which is included as a component of accrued expenses in the unaudited condensed consolidated balance sheets were as follows:
| Three Months Ended |  | Six Months Ended
(In thousands) | December 29, 2017 |  | December 30, 2016 |  | December 29, 2017 |  | December 30, 2016
Balance as of the beginning of the period | $ | 2,964 |  |  | $ | 3,704 |  |  | $ | 3,056 |  |  | $ | 3,944 |
Warranty provision recorded during the period | 797 |  |  | 480 |  |  | 1,228 |  |  | 817 |
Consumption during the period | (593 | ) |  | (625 | ) |  | (1,116 | ) |  | (1,202 | )
Balance as of the end of the period | $ | 3,168 |  |  | $ | 3,559 |  |  | $ | 3,168 |  |  | $ | 3,559 |
Advanced payments and Unearned Income Our advanced payments and unearned income are summarized below:
(In thousands) | December 29, 2017 |  | June 30, 2017
Advanced payments | $ | 9,870 |  |  | $ | 8,760 |
Unearned income | 15,403 |  |  | 11,244 |
| $ | 25,273 |  |  | $ | 20,004 |

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
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