Basis Of Presentation

12 Months Ended

Sep. 28, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

. Basis of Presentation

Principles of Consolidation

The consolidated financial statements include the accounts of Dolby Laboratories, Inc. and our wholly owned subsidiaries. In addition, we have consolidated the financial results of jointly owned affiliated companies in which our principal stockholder has a controlling interest. We report these controlling interests as a separate line in our consolidated statements of operations as net income attributable to controlling interest and in our consolidated balance sheets as a controlling interest. We eliminate all intercompany accounts and transactions upon consolidation.

Use of Estimates

The preparation of our financial statements in accordance with U.S. GAAP requires management to make certain estimates and assumptions that affect the amounts reported and disclosed in our consolidated financial statements and accompanying notes. Actual results could differ from our estimates. Significant items subject to such estimates and assumptions include:


•	Estimated selling prices for elements sold in ME revenue arrangements


•	Valuation allowances for accounts receivable


•	Carrying values of inventories and certain PP&E, goodwill, and intangible assets


•	Fair values of investments


•	Accrued liabilities, including liabilities for unrecognized tax benefits


•	Deferred income tax assets and liabilities


•	Stock-based compensation

Fiscal Year

Our fiscal year is a 52 or 53 week period ending on the last Friday in September. The fiscal years presented herein include the 53 week period ended September 30, 2016 (fiscal 2016) and the 52 week periods ended September 28, 2018 (fiscal 2018) and September 29, 2017 (fiscal 2017).

Reclassifications

We have reclassified certain prior period amounts within our consolidated financial statements and accompanying notes to conform to our current period presentation. These reclassifications did not affect total revenue, operating income, operating cash flows or net income.