Property and Equipment

12 Months Ended

Jun. 26, 2016

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment, net, consist of the following:

	June 26, 2016			June 28, 2015
	(in thousands)
Manufacturing, engineering and office equipment	$	824,532		$	717,788
Computer equipment and software	157,125			137,623
Land	46,047			53,391
Buildings	213,364			238,631
Leasehold improvements	96,649			81,899
Furniture and fixtures	23,609			21,629
	1,361,326			1,250,961
Less: accumulated depreciation and amortization	(721,718		)	(629,543		)
	$	639,608		$	621,418

Depreciation expense, including amortization of capital leases, during fiscal years 2016, 2015, and 2014, was $134.7 million, $120.3 million, and $129.1 million, respectively.

The Company recorded a $15.2 million gain on sale of real estate and related development rights, net of associated exit costs, in fiscal year 2016 in selling, general and administrative expenses in the Consolidated Statement of Operations. The Company recorded an $83.1 million gain on sale of real estate in the Consolidated Statement of Operations in fiscal year 2014. No significant gains on sale were realized in fiscal year 2015.