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Commitments and Contingencies
12 Months Ended
Dec. 29, 2017
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

12. Commitments and Contingencies

The Company had commitments to purchase inventory totaling approximately $186.5 million at December 29, 2017.

The Company leases properties domestically in Hayward, California, Austin, Texas, Chandler, Arizona and South San Francisco, California and internationally in China, Singapore, Philippines and the Czech Republic. The Company leases certain of its facilities under non-cancelable leases, which expire on various dates through 2022. Total rent expense for fiscal years 2017, 2016 and 2015, was $6.9 million, $6.3 million and $6.8 million, respectively.

As of December 29, 2017, future minimum payments under these operating leases were as follows (in thousands):

 

Fiscal year

 

 

2018

$

 

7,162

 

2019

 

 

5,598

 

2020

 

 

4,925

 

2021

 

 

4,414

 

2022

 

 

3,648

 

Thereafter

 

 

116

 

Total minimum lease payments

$

 

25,863

 

 

From time to time, the Company is subject to various legal proceedings and claims, either asserted or unasserted, that arise in the ordinary course of business. Although the outcome of the various legal proceedings and claims individually or in the aggregate cannot be predicted with certainty, the Company has not had a history of outcomes to date that have been material to the statement of operations and does not believe that any of these proceedings or other claims will have a material adverse effect on its consolidated financial condition, results of operations or cash flows.

 

In 2017, the former shareholders of Miconex disputed the Company’s determination that Miconex failed to achieve the specified performance target applicable to the potential cash “earn-out” payments under the acquisition agreement for the second annual performance period ended July 2017 (the “Performance Target”). The Company expects the dispute to be resolved pursuant to the dispute resolution provisions of the acquisition agreement. The Company believes that Miconex did not achieve the Performance Target, and therefore no earn-out payment is owed by the Company. However, there can be no assurance that the dispute will be resolved in the Company’s favor. If the dispute is resolved adversely to the Company, the Company would expect to record a charge to Interest and Other Income (Expense), of not more than $1.0 million.