Composition of Certain Financial Statement Captions

The following tables present detailed information from our consolidated balance sheets as of June 26, 2015 and September 26, 2014 (amounts displayed in thousands, except as otherwise noted).

Accounts Receivable



Accounts Receivable, Net	June 26, 2015			September 26, 2014
Trade accounts receivable	$	97,644		$	78,189
Accounts receivable from patent administration program customers	7,880			9,594
Accounts receivable, gross	105,524			87,783
Less: allowance for doubtful accounts	(1,603		)	(1,615		)
Total	$	103,921		$	86,168

Inventories



Inventories	June 26, 2015		September 26, 2014
Raw materials	$	7,152	$	1,013
Work in process	3,776		47
Finished goods	9,142		7,476
Total	$	20,070	$	8,536

Inventories are stated at the lower of cost (first-in, first-out) or market. Inventory with a consumption period expected to exceed twelve months is recorded within other non-current assets in our consolidated balance sheets. We have included $1.7 million and $1.7 million of raw materials inventory within other non-current assets in our consolidated balance sheets as of June 26, 2015 and September 26, 2014, respectively. Based on anticipated inventory consumption rates, and aside from existing write-downs due to excess inventory, we do not believe that material risk of obsolescence exists prior to ultimate sale.

Prepaid Expenses And Other Current Assets



Prepaid Expenses And Other Current Assets	June 26, 2015		September 26, 2014
Prepaid expenses	$	15,410	$	11,665
Other current assets	19,043		7,152
Income tax receivable	11,098		4,063
Total	$	45,551	$	22,880

During the fiscal quarter ended June 26, 2015, management committed to a plan to sell our current ownership interest of 37.5% in Dolby Properties, LLC., one of our jointly owned and consolidated affiliated entities in which our principal stockholder has a controlling interest. We determined that the criteria for our interests to be classified as held for sale have been met. All assets and liabilities of Dolby Properties, LLC, totaling $14.6 million and $1.7 million, respectively, are classified as current as at June 26, 2015. Current assets include PP&E with a net book value of $10.2 million. We estimate that we will execute the sale in the fourth quarter of fiscal 2015, subject to negotiation and completion of definitive documentation.

Accrued Liabilities



Accrued Liabilities	June 26, 2015		September 26, 2014
Accrued royalties	$	1,965	$	2,526
Amounts payable to patent administration program partners	43,564		43,438
Accrued compensation and benefits	61,353		71,677
Accrued professional fees	4,195		6,162
Other accrued liabilities	52,699		34,573
Total	$	163,776	$	158,376

Other accrued liabilities include the accrual for unpaid PP&E additions of $24.5 million and $8.7 million as of June 26, 2015 and September 26, 2014, respectively.

Other Non-Current Liabilities



Other Non-Current Liabilities	June 26, 2015		September 26, 2014
Supplemental retirement plan obligations	$	2,515	$	2,409
Non-current tax liabilities	57,513		30,715
Other liabilities	12,605		10,591
Total	$	72,633	$	43,715