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Condensed Consolidated Balance Sheets (unaudited) (USD $)
In Thousands, unless otherwise specified
Apr. 01, 2012
Jul. 03, 2011
Current assets:    
Cash and cash equivalents $ 53,323 $ 49,972
Short-term investments 22,349 41,357
Accounts receivable, net of allowances of $1,385 at April 1, 2012 and $1,412 at July 3, 2011 45,739 33,689
Inventories, net 23,269 21,583
Deferred income taxes 734 681
Prepaid expenses and other current assets, net 5,167 10,132
Assets held for sale 17,081 0
Total current assets 167,662 157,414
Property and equipment, net 25,235 41,877
Marketable securities 71,577 55,648
Intangible assets 4,291 4,906
Other assets, net 9,801 11,128
Total assets 278,566 270,973
Current liabilities:    
Accounts payable 19,455 15,092
Accrued compensation and benefits 11,451 13,723
Restructuring liabilities 655 3,183
Accrued warranty 2,841 2,640
Deferred revenue, net 32,134 29,613
Deferred distributors revenue, net of deferred cost of sales to distributors 17,968 16,552
Other accrued liabilities 12,295 19,050
Total current liabilities 96,799 99,853
Deferred revenue, less current portion 7,629 7,360
Deferred income taxes 130 93
Other long-term liabilities 1,006 2,381
Commitments and contingencies (Note 5)      
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; 133,559,374 and 93,927,538 shares issued and outstanding, respectively, at April 1, 2012 and 132,147,451 and 92,522,146 shares issued and outstanding, respectively, at July 3, 2011 133 132
Treasury stock, 39,631,836 and 39,625,305 at April 1, 2012 and July 3, 2011 (149,666) (149,666)
Additional paid-in-capital 968,771 963,565
Accumulated other comprehensive income 2,150 3,703
Accumulated deficit (648,386) (656,448)
Total stockholders’ equity 173,002 161,286
Total liabilities and stockholders’ equity $ 278,566 $ 270,973