Financial Statement Details

Accounts Receivable, net

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



	June 28, 2015			June 29, 2014
Billed trade receivables		$246,969			$255,374
Unbilled contract receivables	2,223			1,557
	249,192			256,931
Allowance for sales returns, discounts and other incentives	(58,094		)	(29,010		)
Allowance for bad debts	(4,941		)	(2,761		)
Accounts receivable, net		$186,157			$225,160

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



	Fiscal Years Ended
	June 28, 2015			June 29, 2014			June 30, 2013
Balance at beginning of period		$29,010			$26,500			$20,681
Current period claims	(148,715		)	(115,568		)	(84,983		)
Provision for sales returns, discounts and other incentives	177,799			118,078			90,802
Balance at end of period		$58,094			$29,010			$26,500

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



	Fiscal Years Ended
	June 28, 2015			June 29, 2014			June 30, 2013
Balance at beginning of period		$2,761			$2,471			$1,782
Current period provision	2,184			903			801
Write-offs, net of recoveries	(4		)	(613		)	(112		)
Balance at end of period		$4,941			$2,761			$2,471

Inventories

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



	June 28, 2015		June 29, 2014
Raw material		$86,331		$95,594
Work-in-progress	93,424		92,889
Finished goods	100,821		96,297
Inventories		$280,576		$284,780

Property and Equipment, net

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



	June 28, 2015			June 29, 2014
Furniture and fixtures		$12,525			$12,822
Land and buildings	367,519			355,044
Machinery and equipment	1,060,599			1,046,878
Aircraft and vehicles	10,489			16,292
Computer hardware/software	38,366			35,446
Leasehold improvements and other	6,698			18,890
Construction in progress	178,757			85,068
	1,674,953			1,570,440
Accumulated depreciation	(1,039,881		)	(964,727		)
Property and equipment, net		$635,072			$605,713

Depreciation of property and equipment totaled $136.3 million, $125.3 million and $115.5 million for the years ended June 28, 2015, June 29, 2014 and June 30, 2013, respectively.

During the years ended June 28, 2015, June 29, 2014 and June 30, 2013, the Company recognized approximately $44.3 million, $1.3 million and $1.9 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 Consolidated Statements of (Loss) Income.

Other Current Liabilities

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



	June 28, 2015		June 29, 2014
Accrued taxes		$13,935		$19,835
Accrued professional fees	10,180		5,373
Accrued warranty	13,006		5,842
Accrued other	7,087		7,936
Other current liabilities		$44,208		$38,986

Accumulated Other Comprehensive Income, net of taxes

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



	June 28, 2015		June 29, 2014
Currency translation gain		$4,986		$8,549
Net unrealized gain on available-for-sale securities	812		2,856
Accumulated other comprehensive income, net of taxes		$5,798		$11,405

Non-Operating (Loss) Income, net

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



	Fiscal Years Ended
	June 28, 2015			June 29, 2014		June 30, 2013
Gain on sale of investments, net		$925			$68		$111
Loss on equity method investment	(22,624		)	—		—
Dividends from equity method investment	2,581			—		—
Interest income, net	9,086			11,932		7,882
Foreign currency (loss) gain, net	(929		)	45		735
Other, net	572			1,250		2,335
Non-operating (loss) income, net		($10,389	)		$13,295		$11,063

Reclassifications Out of Accumulated Other Comprehensive Income, net of taxes

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 Consolidated Statements of (Loss)Income
	Fiscal Years Ended
	June 28, 2015		June 29, 2014		June 30, 2013
Net unrealized gain on available-for-sale securities, net of taxes		$925		$68		$107	Non-operating (loss) income, net
	925		68		107		(Loss) income before income taxes
	210		11		21		Income tax (benefit) expense
		$715		$57		$86	Net (loss) income