BALANCE SHEET DETAILS

Cash and Cash Equivalents

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



	March 31, 2018		July 1, 2017
	(Thousands)
Cash and cash equivalents:
Cash-in-bank	$	91,429	$	79,259
Money market funds	64,573		99,037
Commercial paper	23,967		22,981
Corporate bonds	—		2,012
U.S. agency securities	—		15,981
	$	179,969	$	219,270

Short-Term Investments

The following table provides details regarding our short-term investments at the dates indicated:



	March 31, 2018		July 1, 2017
Short-term investments	(Thousands)
Commercial paper	$	58,461	$	23,459
U.S. Treasury securities	55,833		4,006
Corporate bonds	10,139		10,094
	$	124,433	$	37,559

Inventories

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



	March 31, 2018		July 1, 2017
	(Thousands)
Inventories:
Raw materials	$	22,404	$	32,421
Work-in-process	58,212		40,171
Finished goods	23,311		28,476
	$	103,927	$	101,068

Property and Equipment, Net

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



	March 31, 2018			July 1, 2017
	(Thousands)
Property and equipment, net:
Buildings and improvements	$	11,601		$	10,222
Plant and machinery	135,347			99,779
Fixtures, fittings and equipment	3,499			3,225
Computer equipment	24,472			15,901
	174,919			129,127
Less: Accumulated depreciation	(36,920		)	(14,794		)
	$	137,999		$	114,333

Property and equipment includes assets under capital leases of $3.5 million and $3.7 million at March 31, 2018 and July 1, 2017, respectively. Amortization associated with assets under capital leases is recorded in depreciation expense.

During fiscal 2017, we began the implementation of a new enterprise resource planning ("ERP") system. We capitalized certain costs incurred in connection with the development of this internal use software, totaling $14.4 million. During the second quarter of fiscal 2018, we began using the ERP software for its intended use, and began recording depreciation expense.

Other Intangible Assets, Net

The following table summarizes the activity related to our other intangible assets for the nine months ended March 31, 2018:



	Core and Current Technology		Development and Supply Agreements		Customer Relationships		Patent Portfolio		Other Intangibles		Accumulated Amortization			Total
	(Thousands)
Balance at July 1, 2017	$	6,249	$	4,496	$	2,402	$	915	$	3,338	$	(16,701	)	$	699
Amortization	—		—		—		—		—		(460		)	(460		)
Other adjustments	—		2		—		—		—		—			2
Balance at March 31, 2018	$	6,249	$	4,498	$	2,402	$	915	$	3,338	$	(17,161	)	$	241

We expect the amortization of intangible assets to be $0.2 million for the remainder of fiscal 2018 and less than $0.1 million for fiscal 2019, based on the current level of our other intangible assets as of March 31, 2018.

Accrued Expenses and Other Liabilities

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



	March 31, 2018		July 1, 2017
	(Thousands)
Accrued expenses and other liabilities:
Trade payables	$	2,400	$	7,805
Compensation and benefits related accruals	13,156		13,837
Warranty accrual	4,149		4,124
Purchase commitments in excess of future demand, current	7,662		4,009
Other accruals	14,792		12,724
	$	42,159	$	42,499

Accumulated Other Comprehensive Income

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



	March 31, 2018			July 1, 2017
	(Thousands)
Accumulated other comprehensive income:
Currency translation adjustments	$	42,626		$	41,131
Unrealized loss on marketable securities	(35		)	(8		)
Japan defined benefit plan	(150		)	(150		)
	$	42,441		$	40,973