BALANCE SHEET DETAILS

The following table provides details regarding our cash and cash equivalents at the dates indicated:



	September 26, 2015		June 27, 2015
	(Thousands)
Cash and cash equivalents:
Cash-in-bank	$	103,467	$	110,196
Money market funds	1,675		1,644
	$	105,142	$	111,840

As of September 26, 2015, we had restricted cash of $2.8 million, including $0.2 million in other non-current assets, consisting of collateral for the performance of our obligations under certain lease facility agreements, collateral to secure certain of our credit card accounts and deposits for value-added taxes in foreign jurisdictions, and $0.9 million (equivalent to approximately RMB 5.4 million) of cash held in Oclaro Shenzhen’s bank account in China that was frozen by the Xi'an Court in connection with our litigation with Xi’an Raysung Photonics Inc. (see Note 8, Commitments and Contingencies, for additional details regarding this litigation.)

The following table provides details regarding our inventories at the dates indicated:



	September 26, 2015		June 27, 2015
	(Thousands)
Inventories:
Raw materials	$	20,786	$	19,610
Work-in-process	23,377		19,812
Finished goods	23,074		26,920
	$	67,237	$	66,342

The following table provides details regarding our property and equipment, net at the dates indicated:



	September 26, 2015			June 27, 2015
	(Thousands)
Property and equipment, net:
Buildings and improvements	$	11,687		$	11,837
Plant and machinery	35,161			33,603
Fixtures, fittings and equipment	5,328			4,785
Computer equipment	12,179			12,401
	64,355			62,626
Less: Accumulated depreciation	(22,844		)	(20,860		)
	$	41,511		$	41,766

Property and equipment includes assets under capital leases of $4.4 million at September 26, 2015 and $4.7 million at June 27, 2015, respectively. Amortization associated with assets under capital leases is recorded in depreciation expense.

The following table summarizes the activity related to our other intangible assets for the three months ended September 26, 2015:



	Core and Current Technology			Development and Supply Agreements			Customer Relationships			Patent Portfolio		Other Intangibles		Amortization			Total
	(Thousands)
Balance at June 27, 2015	$	6,249		$	4,595		$	2,402		$	915	$	3,338	$	(14,920	)	$	2,579
Amortization	—			—			—			—		—		(251		)	(251		)
Translations and adjustments	(2		)	(19		)	(1		)	—		—		—			(22		)
Balance at September 26, 2015	$	6,247		$	4,576		$	2,401		$	915	$	3,338	$	(15,171	)	$	2,306

We expect the amortization of intangible assets to be $1.0 million for fiscal year 2016, $0.8 million for fiscal year 2017, $0.6 million for fiscal year 2018 and $0.1 million for fiscal year 2019, based on the current level of our other intangible assets as of September 26, 2015.

The following table presents details regarding our accrued expenses and other liabilities at the dates indicated:



	September 26, 2015		June 27, 2015
	(Thousands)
Accrued expenses and other liabilities:
Trade payables	$	6,736	$	5,250
Compensation and benefits related accruals	13,138		11,298
Warranty accrual	3,168		2,932
Accrued restructuring, current	392		712
Purchase commitments in excess of future demand, current	3,015		3,162
Other accruals	9,176		12,294
	$	35,625	$	35,648

The following table summarizes the activity related to our accrued restructuring charges for the three months ended September 26, 2015:



	Lease Cancellations, Commitments and Other Charges			Termination Payments to Employees and Related Costs			Total Accrued Restructuring Charges
	(Thousands)
Balance at June 27, 2015	$	228		$	484		$	712
Charged to restructuring costs	—			259			259
Paid or other adjustments	(95		)	(484		)	(579		)
Balance at September 26, 2015	$	133		$	259		$	392
Current portion	133			259			392
Non-current portion	—			—			—

The current portion of accrued restructuring liabilities is included in the caption accrued expenses and other liabilities in the condensed consolidated balance sheet.

During the first quarter of fiscal year 2014, we initiated a restructuring plan to simplify our operating footprint, reduce our cost structure and focus our research and development investment in the optical communications market where we can leverage our core competencies. During the three months ended September 26, 2015 and September 27, 2014, we recorded restructuring charges of $0.3 million and $0.8 million, respectively, in connection with this restructuring plan. The restructuring charges for the three months ended September 26, 2015 relate to workforce reductions. The restructuring charges for the three months ended September 27, 2014 include $0.2 million related to workforce reductions and $0.6 million related to revised estimates for lease cancellations and commitments. During the three months ended September 26, 2015 and September 27, 2014, we made scheduled payments of $0.4 million and $1.4 million, respectively. As of September 26, 2015, we had $0.4 million in accrued restructuring liabilities related to this restructuring plan.

During fiscal year 2012, we initiated a restructuring plan in connection with the transfer of a portion of our Shenzhen, China manufacturing operations to Venture Corporation Limited ("Venture"). This transition occurred in a phased and gradual transfer of certain products and was completed in fiscal year 2015. In connection with this transition, we recorded restructuring charges related to employee separation charges of $0.9 million during the three months ended September 27, 2014 and made scheduled payments of $1.3 million to settle a portion of these restructuring liabilities. As of September 26, 2015 and June 27, 2015, we had no remaining accrued restructuring liabilities related to this restructuring plan.

The following table presents the components of accumulated other comprehensive income at the dates indicated:



	September 26, 2015		June 27, 2015
	(Thousands)
Accumulated other comprehensive income:
Currency translation adjustments	$	39,468	$	41,351
Japan defined benefit plan	165		175
	$	39,633	$	41,526