6. Balance Sheet Details

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


	October 29, 2011			October 30, 2010
Accounts Receivable:
Accounts receivable	$	255,540		$	324,084
Allowance for doubtful accounts		(1,388	)		(1,838	)
Sales allowances		(5,011	)		(4,883	)

Total	$	249,141		$	317,363

Inventories:
Raw materials	$	25,535		$	19,384
Finished goods		48,637			57,424

Total	$	74,172		$	76,808

Property and equipment, net:
Computer equipment and software	$	55,175		$	47,949
Engineering and other equipment		357,827			296,383
Furniture and fixtures (1)		29,195			28,283
Leasehold improvements		23,793			20,908
Land and building (2)		384,666			381,480

Subtotal		850,656			775,003
Less: Accumulated depreciation and amortization (3)		(318,272	)		(235,886	)

Total	$	532,384		$	539,117

Other accrued liabilities:
Income taxes payable	$	12,978		$	10,037
Accrued warranty		11,298			5,980
Inventory purchase commitments		5,075			4,930
Accrued sales programs		30,651			29,992
Accrued expenses		24,520			53,616
Others		10,280			6,578

Total	$	94,802		$	111,133

(1)	Furniture and fixtures include the following amounts under leases as of October 29, 2011 and October 30, 2010:


	October 29, 2011			October 30, 2010
Cost, including taxes	$	10,613		$	10,632
Accumulated depreciation		(2,131	)		(615	)

Total	$	8,482		$	10,017

(2)	In connection with the purchase of the property located in San Jose, California, the Company obtained a four-year option, exercisable at its sole discretion through May 22, 2012, to purchase a fourth unimproved approximate four acre parcel for a fixed price of approximately $26.0 million.

(3)	Depreciation expense was approximately $88.2 million, $72.8 million and $59.9 million for the years ended October 29, 2011, October 30, 2010 and October 31, 2009, respectively.

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. The Company pays facility administration fees to the financial institution on a quarterly basis. 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 29, 2011 and October 30, 2010, $50.5 million and $61.4 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 years ended October 29, 2011 and October 30, 2010 were immaterial and are included in "Other expenses" on the Consolidated Statement of Operations. Facility administration fees for the fiscal years ended October 29, 2011 and October 30, 2010 were immaterial and are included in "General and administrative expenses" on the Consolidated Statements of Operations.