Leases and Commitments

3 Months Ended

Jun. 29, 2019

Commitments and Contingencies Disclosure [Abstract]

Xilinx leases some of its facilities and office buildings under non-cancelable operating leases that expire at various dates through August 2029. Additionally, Xilinx entered into a land lease in conjunction with the Company’s building in Singapore, which will expire in November 2035 and the lease cost was settled in an up-front payment in June 2006. Some of the operating leases for facilities and office buildings require payment of operating costs, including property taxes, repairs, maintenance and insurance. Most of the Company’s leases contain renewal options for varying terms. These renewal terms can extend the lease term from 1 to 15 years, and are included in the lease term when it is reasonably certain that the Company will exercise the option. The following table presents the maturities of lease liabilities as of June 29, 2019:



Fiscal	(In thousands)
2020 (remaining nine months)	$	10,825
2021	9,785
2022	8,822
2023	6,369
2024	5,573
Thereafter	34,677
Total lease payments	$	76,051
Less: Imputed interest	$	(18,951	)
Total lease liabilities	$	57,100

The company's leases were included as a component of the following condensed consolidated balance sheet lines:



(In thousands)	June 29, 2019
Other assets	$	56,173
Other accrued liabilities	8,798
Other long-term liabilities	$	48,302

The components of lease costs were as follows:



(In thousands)	June 29, 2019
Operating lease cost	$	4,272
Lease income	(796		)
Total lease cost	$	3,476

Other information related to leases were as follows:



($ in thousands)	June 29, 2019
Cash paid for operating leases included in operating cash flows	$	3,343
Weighted-average remaining lease term - operating leases (in years)	8.1
Weighted-average remaining discount rate - operating leases	5.8		%

Other commitments as of June 29, 2019 totaled $197.4 million and consisted of purchases of inventory and other non-cancelable purchase obligations related to subcontractors that manufacture silicon wafers and provide assembly and some test services. The Company expects to receive and pay for these materials and services in the next three to six months, as the products meet delivery and quality specifications. Additionally, as of June 29, 2019, the Company also had $2.9 million of non-cancelable license

obligations to providers of electronic design automation software and hardware/software maintenance, $15.4 million related to renovation of properties and $36.1 million commitments primarily related to open purchase orders from ordinary operations. These commitments expire at various dates through June 2023.