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LEASE FINANCING OBLIGATIONS (Tables)
6 Months Ended
Sep. 30, 2012
Amortization of Design Tools Recorded Using Straight-Line Method Over Remaining Useful Life For Periods

Amortization of the design tools recorded using the straight-line method over the remaining useful life for the periods indicated below were as follows (in thousands):

 

     Three Months Ended      Six Months Ended  
     September 30,
2012
     October 2,
2011
     September 30,
2012
     October 2,
2011
 

Amortization expense

   $ 946       $ 894       $ 1,841       $ 1,788   
Future Minimum Lease and Sublease Income Payments for Lease Financing Obligations

Future minimum lease and sublease income payments for the lease financing obligations as of September 30, 2012 are as follows (in thousands):

 

Fiscal Years

   Design
Tools
 

2013 (6 months remaining)

   $ 2,498   

2014

     3,479   

2015

     1,347   

2016

     10   

Thereafter

     16   
  

 

 

 

Total minimum lease payments

     7,350   

Less: amount representing interest

     (327
  

 

 

 

Present value of minimum lease payments

     7,023   

Less: short-term lease financing obligations

     (3,340
  

 

 

 

Long-term lease financing obligations

   $ 3,683   
  

 

 

 
Interest Expense for Lease Financing Obligation

Interest expense for the lease financing obligation for the periods indicated below was as follows (in thousands):

 

     Three Months Ended      Six Months Ended  
     September 30,
2012
     October 2,
2011
     September 30,
2012
     October 2,
2011
 

Interest expense

   $ 38       $ 58       $ 72       $ 118   
Rent Expenses on Operating Leases

In the course of our business, we enter into arrangements accounted for as operating leases related to engineering design software licenses and office space. Rent expenses for all operating leases for the periods indicated below were as follows (in thousands):

 

     Three Months Ended      Six Months Ended  
     September 30,
2012
     October 2,
2011
     September 30,
2012
     October 2,
2011
 

Rent expense

   $ 174       $ 344       $ 307       $ 732   
Future Minimum Lease Payments for Lease Operating Obligations

Our future minimum lease payments for the lease operating obligations as of September 30, 2012 are as follows (in thousands):

 

Fiscal Years

   Design
Tools
 

2013 (6 months remaining)

   $ 250   

2014

     94   

2015

     73   

2016

     73   

Thereafter

     90   
  

 

 

 

Total minimum lease payments

   $ 580