Composition Of Certain Financial Statement Captions

9 Months Ended

Jun. 28, 2019

Composition Of Certain Financial Statement Captions [Abstract]

Composition Of Certain Financial Statement Captions

4. Composition of Certain Financial Statement Captions

The following tables present detailed information from our consolidated balance sheets as of June 28, 2019 and September 28, 2018 (amounts displayed in thousands, except as otherwise noted).

Accounts Receivable

	June 28, 2019			September 28, 2018 (as adjusted)
Trade accounts receivable	$	194,024		$	108,929
Accounts receivable from patent administration program licensees	47,609			62,462
Accounts receivable, gross	241,633			171,391
Less: allowance for doubtful accounts	(10,448		)	(5,258		)
Total	$	231,185		$	166,133

Trade accounts receivable includes unbilled accounts receivable balances related to amounts that are contractually owed. The unbilled balance represents our unconditional right to consideration related to fixed fee contracts which we are entitled to as a result of satisfying, or partially satisfying, performance obligations, as well as Via's unconditional right to consideration related to their patent administration programs.

Inventories

	June 28, 2019		September 28, 2018
Raw materials	$	9,338	$	6,095
Work in process	3,607		4,044
Finished goods	25,963		16,067
Total	$	38,908	$	26,206

Inventories are stated at the lower of cost and net realizable value. 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 $2.9 million and $2.6 million of raw materials inventory within other non-current assets in our consolidated balance sheets as of June 28, 2019 and September 28, 2018, 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

	June 28, 2019		September 28, 2018 (as adjusted)
Prepaid expenses	$	20,348	$	18,508
Other current assets	19,930		13,946
Income tax receivable	752		2,436
Total	$	41,030	$	34,890

As of June 28, 2019, other current assets include the carrying value of $2.2 million of land and building that are currently held for sale. Management has committed to a plan to sell the property. Based on current estimated selling prices in the market, we have determined that no indicators of potential impairment exist.

Accrued Liabilities

	June 28, 2019		September 28, 2018 (as adjusted)
Accrued royalties	$	2,973	$	2,648
Amounts payable to patent administration program partners	52,024		69,061
Accrued compensation and benefits	73,014		84,491
Accrued professional fees	15,154		9,749
Unpaid PP&E additions	4,631		13,956
Other accrued liabilities	95,942		63,223
Total	$	243,738	$	243,128

Other Non-Current Liabilities

	June 28, 2019		September 28, 2018
Supplemental retirement plan obligations	$	3,284	$	3,388
Non-current tax liabilities	135,839		129,253
Other liabilities	47,642		51,158
Total	$	186,765	$	183,799