Financial Statement Details

Accounts Receivable, net

The following table summarizes the components of accounts receivable, net (in thousands):



	June 30, 2013			June 24, 2012
Billed trade receivables		$220,307			$173,145
Unbilled contract receivables	1,171			1,576
	221,478			174,721
Allowance for sales returns, discounts and other incentives	(26,500		)	(20,681		)
Allowance for bad debts	(2,471		)	(1,782		)
Total accounts receivable, net		$192,507			$152,258

The following table summarizes the changes in the Company’s allowance for sales returns, discounts and other incentives (in thousands):



	Fiscal Years Ended
	June 30, 2013			June 24, 2012			June 26, 2011
Balance at beginning of period		$20,681			$19,615			$20,551
Current period claims	(84,983		)	(67,773		)	(50,399		)
Provision for sales returns, discounts and other incentives	90,802			68,839			49,463
Balance at end of period		$26,500			$20,681			$19,615

The following table summarizes the changes in the Company’s allowance for bad debts (in thousands):



	Fiscal Years Ended
	June 30, 2013			June 24, 2012		June 26, 2011
Balance at beginning of period		$1,782			$753		$1,947
Current year provision	801			1,029		(956		)
Write-offs, net of recoveries	(112		)	—		(238		)
Balance at end of period		$2,471			$1,782		$753

Inventories

The following table summarizes the components of inventories (in thousands):



	June 30, 2013		June 24, 2012
Raw material		$62,253		$57,618
Work-in-progress	68,146		74,241
Finished goods	66,602		56,990
Total inventories		$197,001		$188,849

Property and Equipment, net

The following table summarizes the components of property and equipment, net (in thousands):



	June 30, 2013			June 24, 2012
Furniture and fixtures		$11,268			$11,499
Land and buildings	333,761			289,163
Machinery and equipment	924,076			856,733
Aircraft and vehicles	16,250			15,912
Computer hardware/software	32,405			29,510
Leasehold improvements and other	18,566			19,082
Construction in progress	54,447			108,986
	1,390,773			1,330,885
Accumulated depreciation	(847,940		)	(748,424		)
Property and equipment, net		$542,833			$582,461

Depreciation of property and equipment totaled $115.5 million, $110.6 million and $93.1 million for the years ended June 30, 2013, June 24, 2012 and June 26, 2011, respectively.

During the years ended June 30, 2013, June 24, 2012 and June 26, 2011, the Company recognized approximately $1.9 million, $2.6 million and $1.5 million, respectively, as losses on disposals or impairments of property and equipment. These charges are reflected in Loss on Disposal or Impairment of Long Lived Assets in the accompanying Consolidated Statements of Income.

Other current liabilities

The following table summarizes the components of other current liabilities (in thousands):



	June 30, 2013		June 24, 2012
Accrued taxes		$21,436		$11,615
Accrued professional fees	4,493		7,412
Accrued warranty	5,259		5,513
Accrued other	12,060		12,093
Total other current liabilities		$43,248		$36,633

Accumulated other comprehensive income, net of taxes

The following table summarizes the components of Accumulated other comprehensive income, net of taxes (in thousands):



	June 30, 2013			June 24, 2012
Currency translation gain		$8,492			$8,545
Net unrealized (loss) gain on available-for-sale securities	(248		)	2,588
Total accumulated other comprehensive income, net of taxes		$8,244			$11,133

Non-operating income, net

The following table summarizes the components of non-operating income, net (in thousands):



	Fiscal Years Ended
	June 30, 2013		June 24, 2012			June 26, 2011
Foreign currency gain, net		$735		$171			$572
Gain on sale of investments, net	111		994			1
Interest income, net	7,882		7,457			8,528
Other, net	2,335		(233		)	420
Total non-operating income, net		$11,063		$8,389			$9,521

Reclassifications Out of Accumulated Other Comprehensive Income

The following table summarizes the amounts reclassified out of accumulated other comprehensive income (in thousands):



Accumulated Other Comprehensive Income Component	Amount Reclassified from Accumulated Other Comprehensive Income						Affected Line Item in the Statement of Income
	Fiscal Years Ended
	June 30, 2013		June 24, 2012		June 26, 2011
Net unrealized gain on available-for-sale securities, net of tax expense
		$107		$994		$1	Non-operating income, net
	107		994		1		Income before income taxes
	21		68		—		Income tax expense
		$86		$926		$1	Net income