BALANCE SHEET DETAILS

Cash and Cash Equivalents

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



	September 29, 2018		June 30, 2018
	(Thousands)
Cash and cash equivalents:
Cash-in-bank	$	64,686	$	88,297
Money market funds	273,234		153,392
Commercial paper	—		3,999
	$	337,920	$	245,688

As of September 29, 2018, $49.3 million of the $337.9 million of our cash and cash equivalents was held by our foreign subsidiaries. If these funds are needed for our operations in the United States, we could be required to accrue and pay additional taxes to repatriate these funds. However, our intent is to permanently reinvest these funds outside of the U.S., except for specific entities in China and Germany where we decided to exit certain businesses.

Short-Term Investments

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



	September 29, 2018		June 30, 2018
Short-term investments	(Thousands)
U.S. Treasury securities	$	3,997	$	31,939
Commercial paper	—		41,401
Corporate bonds	—		4,100
	$	3,997	$	77,440

Inventories

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



	September 29, 2018		June 30, 2018
	(Thousands)
Inventories:
Raw materials	$	23,898	$	30,488
Work-in-process	47,737		54,503
Finished goods	18,144		21,687
	$	89,779	$	106,678

Property and Equipment, Net

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



	September 29, 2018			June 30, 2018
	(Thousands)
Property and equipment, net:
Buildings and improvements	$	12,086		$	12,086
Plant and machinery	139,248			137,301
Fixtures, fittings and equipment	3,526			3,526
Computer equipment	22,420			22,721
	177,280			175,634
Less: Accumulated depreciation	(45,559		)	(38,196		)
	$	131,721		$	137,438

Property and equipment includes assets under capital leases of $1.2 million and $3.2 million at September 29, 2018 and June 30, 2018, respectively. Amortization associated with assets under capital leases is recorded in depreciation expense.

During the three months ended September 29, 2018, we recorded a loss on disposal of property and equipment of $0.8 million, related to the disposal of equipment related to certain legacy data communication products.

Accrued Expenses and Other Liabilities

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



	September 29, 2018		June 30, 2018
	(Thousands)
Accrued expenses and other liabilities:
Compensation and benefits related accruals	$	13,684	$	14,167
Warranty accrual	3,861		3,879
Purchase commitments in excess of future demand, current	3,097		6,321
Deferred rent	2,018		2,040
Other accruals	13,661		15,279
	$	36,321	$	41,686

Accumulated Other Comprehensive Income

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



	September 29, 2018			June 30, 2018
	(Thousands)
Accumulated other comprehensive income:
Currency translation adjustments	$	42,626		$	42,626
Unrealized loss on marketable securities	(1		)	(4		)
Japan defined benefit plan	(101		)	(101		)
Other	26			26
	$	42,550		$	42,547