Balance Sheet Details

The following tables provides details of selected balance sheet items (in thousands):



	October 27, 2012			October 29, 2011
Accounts Receivable:
Accounts receivable	$	243,731		$	255,540
Allowance for doubtful accounts	(833		)	(1,388		)
Sales allowances	(9,759		)	(5,011		)
Total	$	233,139		$	249,141



	October 27, 2012		October 29, 2011
Inventories:
Raw materials	$	24,240	$	25,535
Finished goods	43,939		48,637
Total	$	68,179	$	74,172



	October 27, 2012			October 29, 2011
Property and equipment, net:
Computer equipment	$	17,953		$	19,310
Software	39,410			35,865
Engineering and other equipment	409,524			357,827
Furniture and fixtures ⁽¹⁾	30,516			29,195
Leasehold improvements	26,306			23,793
Land and building ⁽²⁾	384,666			384,666
Subtotal	908,375			850,656
Less: Accumulated depreciation and amortization ^{(1), (3)}	(389,435		)	(318,272		)
Total	$	518,940		$	532,384



	October 27, 2012		October 29, 2011
Other accrued liabilities:
Income taxes payable	$	15,079	$	12,978
Accrued warranty	14,453		11,298
Inventory purchase commitments	4,271		5,075
Accrued sales programs	24,801		30,651
Accrued interest	12,011		12,829
Others	20,670		21,971
Total	$	91,285	$	94,802


(1)	Furniture and fixtures and accumulated depreciation and amortization include the following amounts under leases as of October 27, 2012 and October 29, 2011 (in thousands):



	October 27, 2012			October 29, 2011
Cost	$	10,613		$	10,613
Accumulated depreciation	(3,647		)	(2,131		)
Total	$	6,966		$	8,482

(2)

In connection with the purchase of the property located in San Jose, California, the Company obtained a four-year option to purchase a fourth unimproved approximate four acre parcel for a fixed price of approximately $26.0 million as well as a right of first offer to purchase this parcel. The Company elected to not exercise the option and it terminated in November 2011. As of October 27, 2012, the Company retained the right of first offer.


(3)	The following table presents the depreciation of property and equipment included on the Consolidated Statements of Operations (in thousands):



	Fiscal Year Ended
	October 27, 2012		October 29, 2011		October 30, 2010
Depreciation expense	$	86,785	$	88,150	$	72,765

Trade Receivables Factoring Facility

In April 2010, the Company entered into a trade receivables factoring facility with a financial institution to sell certain of its trade receivables from customers with limited, non-credit related, recourse provisions. The sale of receivables eliminates the credit exposure of the Company in relation to these receivables. Under the terms of the factoring agreement, the maximum available amount of the factoring facility outstanding at any one time is $50.0 million, which is subject to change based on the financial institution’s approval. During the fiscal years ended October 27, 2012 and October 29, 2011, none and $50.5 million, respectively, of trade receivables were sold under the terms of the factoring facility. Sales of trade receivables are recorded as a reduction of trade accounts receivable. The discounts on the sale of receivables for the fiscal year ended October 29, 2011 were immaterial and are included in “Other expense, net” on the Consolidated Statement of Operations. Facility administration fees for the fiscal years ended October 27, 2012 and October 29, 2011 were immaterial and are included in “General and administrative expenses” on the Consolidated Statements of Operations.