Property and Equipment

12 Months Ended

Dec. 29, 2018

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

(In thousands)	December 29, 2018			December 30, 2017
Production equipment and software	160,979			155,492
Leasehold improvements	12,648			13,277
Office furniture and equipment	2,623			2,914
	176,250			171,683
Accumulated depreciation and amortization	(141,367		)	(131,260		)
	$	34,883		$	40,423

For fiscal year 2018, depreciation and amortization expense for property and equipment was $13.4 million, including $0.6 million of restructuring expense. For fiscal years 2017 and 2016, depreciation and amortization expense for property and equipment was $16.3 million and $18.4 million, respectively.

In August 2017, we sold building space which we owned in Shanghai, China for gross proceeds of approximately $7.9 million. The building space was vacated in fiscal 2015, upon consolidation of facilities to a single site in Shanghai following our acquisition of Silicon Image. As of the sale date, the building had a historical cost of $3.6 million, accumulated depreciation of $1.4 million and we incurred $1.1 million of direct selling costs, resulting in a net gain on sale of $4.6 million, which is presented as Gain on sale of building in our Consolidated Statements of Operations.