Balance Sheet Details

12 Months Ended

Dec. 28, 2019

6. Balance Sheet Details

Balance sheet details were as follows as of December 28, 2019 and December 29, 2018:

Trade and Other Accounts Receivable, Net


	December 28,		December 29,
	2019		2018
	(in thousands)
Trade receivables and other	$	24,472	$	25,397
Unbilled costs and accrued profits		4,069		2,164
Income tax receivable		78		156
Less: allowance for doubtful accounts		—		—

	$	28,619	$	27,717

Inventories

Inventories are stated at the lower of average cost or net realizable value and consist of the following:


	December 28,		December 29,
	2019		2018
	(in thousands)
Raw materials	$	15,286	$	16,354
Work-in-progress		4,748		9,134
Finished goods		4,873		5,109

	$	24,907	$	30,597

Finished goods inventory at December 28, 2019 included one VERTEX SPECTRA system for DCP under evaluation at a customer’s factory and one MATRIX PVD system for advanced semiconductor packaging under evaluation at a customer’s factory. Finished goods inventory at December 29, 2018 included three completed ENERG

implant systems at Intevac’s factory pending customer shipment.

Property, Plant and Equipment


	December 28, 2019		December 29, 2018
	(in thousands)
Leasehold improvements	$	15,037	$	14,923
Machinery and equipment		46,674		45,032

		61,711		59,955
Less accumulated depreciation and amortization		50,113		48,757

Total property, plant and equipment, net	$	11,598	$	11,198

Deferred Income Taxes and Other Long-Term Assets


	December 28, 2019		December 29, 2018
	(in thousands)
Deferred income taxes	$	6,252	$	7,913
Income tax receivable		78		157
Contested tax deposits		—		723
Other		—		16

	$	6,330	$	8,809

Accounts Payable

Included in accounts payable is $512,000 and $423,000 of book overdraft at December 28, 2019 and December 29, 2018, respectively.

Other Accrued Liabilities


	December 28, 2019		December 29, 2018
	(in thousands)
Deferred revenue	$	320	$	1,734
Other taxes payable		1,155		928
Accrued product warranties		846		839
Income taxes payable		403		389
Provision for estimated losses on uncompleted contracts		—		278
Acquisition-related contingent consideration		—		223
Other		869		561

Total other accrued liabilities	$	3,593	$	4,952

Other Long-Term Liabilities


	December 28, 2019		December 29, 2018
	(in thousands)
Deferred rent	$	—	$	2,270
Accrued product warranties		176		158
Accrued income taxes		10		10

Total other long-term liabilities	$	186	$	2,438