XML 19 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (unaudited) (USD $)
In Thousands, unless otherwise specified
Jan. 01, 2012
Jul. 03, 2011
Current assets:    
Cash and cash equivalents $ 49,419 $ 49,972
Short-term investments 34,250 41,357
Accounts receivable, net of allowances of $1,050 at January 1, 2012 and $1,412 at July 3, 2011, respectively 39,025 33,689
Inventories, net 21,392 21,583
Deferred income taxes 711 681
Prepaid expenses and other current assets, net 4,611 10,132
Assets held for sale 17,057 0
Total current assets 166,465 157,414
Property and equipment, net 24,660 41,877
Marketable securities 62,771 55,648
Intangible assets 4,179 4,906
Other assets, net 10,171 11,128
Total assets 268,246 270,973
Current liabilities:    
Accounts payable 16,347 15,092
Accrued compensation and benefits 13,022 13,723
Restructuring liabilities 710 3,183
Accrued warranty 2,651 2,640
Deferred revenue, net 31,308 29,613
Deferred distributors revenue, net of deferred cost of sales to distributors 14,491 16,552
Other accrued liabilities 12,276 19,050
Total current liabilities 90,805 99,853
Deferred revenue, less current portion 7,563 7,360
Deferred income taxes 124 93
Other long-term liabilities 974 2,381
Commitments and contingencies (Note 4)      
Stockholders’ equity:    
Convertible preferred stock, $.001 par value, issuable in series, 2,000,000 shares authorized; none issued 0 0
Common stock, $.001 par value, 750,000,000 shares authorized; 133,034,590 and 93,409,285 shares issued and outstanding, respectively, at January 1, 2012 and 132,147,451 and 92,522,146 shares issued and outstanding, respectively, at July 3, 2011 133 132
Treasury stock, 39,625,305 at January 1, 2012 and July 3, 2011 (149,666) (149,666)
Additional paid-in-capital 967,438 963,565
Accumulated other comprehensive income 1,634 3,703
Accumulated deficit (650,759) (656,448)
Total stockholders’ equity 168,780 161,286
Total liabilities and stockholders’ equity $ 268,246 $ 270,973