Property and Equipment

12 Months Ended

Jan. 02, 2016

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

(In thousands)	January 2, 2016			January 3, 2015
Buildings	$	3,554		$	3,516
Computer and test equipment	148,995			158,117
Office furniture and equipment	3,880			7,028
Leasehold and building improvements	14,366			13,213
	170,795			181,874
Accumulated depreciation and amortization	(118,943		)	(154,078		)
	$	51,852		$	27,796

Depreciation and amortization expense for Property and equipment was $18.1 million, including $1.5 million of restructuring expense, $11.4 million, and $11.2 million for fiscal years 2015, 2014, and 2013, respectively.

In November 2014, we sold land and buildings, comprising the former location of our corporate headquarters and executive office in Hillsboro, Oregon, for net proceeds of approximately $14.6 million. This property had a historical cost of $30.9 million and accumulated depreciation of $17.9 million, resulting in a net gain on sale of $1.6 million. We leased back a portion of the facilities for a lease term of eight years, resulting in deferral of the gain, which is being amortized over the life of the lease.