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Commitments and Contingencies
3 Months Ended
Mar. 30, 2018
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

9. Commitments and Contingencies

The Company had commitments to purchase inventory totaling approximately $192.9 million at March 30, 2018.

The Company leases properties domestically in Hayward, California, Austin, Texas, Chandler, Arizona and South San Francisco, California and internationally in China, Singapore, the Philippines and the Czech Republic. The Company leases certain of its facilities under non-cancelable leases, which expire on various dates through 2023.

As of March 30, 2018, future minimum payments under these operating leases were as follows (in thousands):

 

Fiscal Year

 

 

 

 

2018  (remaining in year)

 

$

6,165

 

2019

 

 

6,022

 

2020

 

 

5,172

 

2021

 

 

4,640

 

2022

 

 

3,840

 

Thereafter

 

 

116

 

Total minimum lease payments

 

$

25,955

 

 

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 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 or results of operations.

On January 29, 2018, the Company disclosed that the former shareholders of Miconex were disputing 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 Company followed the dispute resolution provisions of the acquisition agreement. In April 2018, the dispute was resolved in favor of the Company and, therefore, no charges related to this dispute were recorded.