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