Commitments and Contingencies

9 Months Ended

Mar. 30, 2013

Commitments and Contingencies [Abstract]

COMMITMENTS AND CONTINGENCIES

6. COMMITMENTS AND CONTINGENCIES

The Company’s future minimum commitments at March 30, 2013 are as follows:

	Months from March 30, 2013
(in thousands)	Less than 12 Months		12-24 Months		24-36 Months		36-48 Months		48-60 Months		Total
Short-term debt	$	197	$	—	$	—	$	—	$	—	$	197
Operating lease payments		1,282		229		42		2		—		1,555
Capital equipment purchase commitments		11		—		—		—		—		11
Facility modifications		657		—		—		—		—		657
Total	$	2,147	$	229	$	42	$	2	$	—	$	2,420

The operating lease commitments are primarily the lease on the Company’s corporate headquarters, which expires in 2013.

The Company has no purchase obligations other than routine purchase orders and the capital equipment purchase commitments and facility modifications shown in the table as of March 30, 2013.

The Company previously entered into an R&D Agreement for its Yangzhou facility that required capital injections. During the quarter ended March 30, 2013, the Company was notified by the Administration for Industry and Commerce that its capital injections have been approved and the requirements of the R&D Agreement have been satisfied.