XML 50 R19.htm IDEA: XBRL DOCUMENT v3.2.0.727
Commitments and Contingencies
6 Months Ended
Jun. 28, 2015
Commitments and Contingencies Disclosure [Abstract]  
Commitments and contingencies
Commitments and Contingencies

 Commitments

The Company's manufacturing suppliers require us to forecast wafer starts several months in advance. The Company is committed to take delivery of and pay for a portion of forecasted wafer volume. As of June 28, 2015 and December 28, 2014, the Company had $913,000 and $552,000, respectively, of outstanding commitments for the purchase of wafer and finished goods inventory.

The Company has obligations with certain suppliers for the purchase of other goods and services entered into in the ordinary course of business. As of June 28, 2015, total outstanding purchase obligations were $1.9 million, of which $1.6 million were due within the next twelve months.

The Company leases its primary facility under a non-cancelable operating lease that expires at the end of 2018. In addition, the Company rents development facilities in India as well as sales offices in Europe and Asia. Total rent expense, net of sublease income, for the second quarters of 2015 and 2014 was approximately $238,000 and $240,000, respectively. Total rent expense, net of sublease income, for the six months of 2015 and 2014 was $477,000 and $471,000, respectively.

As of June 28, 2015, future minimum lease commitments under the Company's operating leases, excluding property taxes and insurance are as follows:
 
 
Operating
Leases
 
(in thousands)
Fiscal Years
 

2015 (Remaining 6 months)
$
395

2016
698

2017
628

2018
642

 
$
2,363