SUPPLEMENTAL BALANCE SHEET INFORMATION |
SUPPLEMENTAL BALANCE SHEET INFORMATION The composition of trade receivables, net is as follows: | | | | | | | | | | December 28, 2019 | | December 29, 2018 | | (in thousands) | Client receivables | $ | 395,740 |
| | $ | 370,131 |
| Unbilled revenue | 121,957 |
| | 105,216 |
| Total | 517,697 |
| | 475,347 |
| Less: Allowance for doubtful accounts | (3,664 | ) | | (3,099 | ) | Trade receivables, net | $ | 514,033 |
| | $ | 472,248 |
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Net provisions of $3.0 million, $2.1 million, and $0.9 million were recorded to the allowance for doubtful accounts in fiscal years 2019, 2018, and 2017, respectively. The composition of inventories is as follows: | | | | | | | | | | December 28, 2019 | | December 29, 2018 | | (in thousands) | Raw materials and supplies | $ | 24,613 |
| | $ | 22,378 |
| Work in process | 35,852 |
| | 21,732 |
| Finished products | 100,195 |
| | 83,782 |
| Inventories | $ | 160,660 |
| | $ | 127,892 |
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The composition of other current assets is as follows: | | | | | | | | | | December 28, 2019 | | December 29, 2018 | | (in thousands) | Prepaid income tax | $ | 54,358 |
| | $ | 47,157 |
| Short-term investments | 941 |
| | 885 |
| Restricted cash | 431 |
| | 465 |
| Other | 300 |
| | 300 |
| Other current assets | $ | 56,030 |
| | $ | 48,807 |
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The composition of property, plant and equipment, net is as follows: | | | | | | | | | | December 28, 2019 | | December 29, 2018 | | (in thousands) | Land | $ | 63,077 |
| | $ | 52,266 |
| Buildings (1) | 1,006,357 |
| | 938,184 |
| Machinery and equipment (1) | 585,965 |
| | 501,894 |
| Leasehold improvements | 84,630 |
| | 59,854 |
| Furniture and fixtures | 28,304 |
| | 26,700 |
| Computer hardware and software (1) | 179,865 |
| | 166,398 |
| Vehicles (1) | 5,561 |
| | 5,167 |
| Construction in progress | 67,939 |
| | 56,549 |
| Total | 2,021,698 |
| | 1,807,012 |
| Less: Accumulated depreciation | (977,570 | ) | | (874,135 | ) | Property, plant and equipment, net | $ | 1,044,128 |
| | $ | 932,877 |
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(1) These balances include assets under finance leases. See Note 16, “Leases.” Depreciation expense in fiscal years 2019, 2018 and 2017 was $108.6 million, $96.9 million and $89.8 million, respectively. The composition of other assets is as follows: | | | | | | | | | | December 28, 2019 | | December 29, 2018 | | (in thousands) | Venture capital investments | $ | 108,983 |
| | $ | 87,545 |
| Other investments | 13,996 |
| | 1,046 |
| Life insurance policies | 38,207 |
| | 32,340 |
| Restricted cash | 1,601 |
| | 1,411 |
| Other | 49,828 |
| | 21,417 |
| Other assets | $ | 212,615 |
| | $ | 143,759 |
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The composition of other current liabilities is as follows: | | | | | | | | | | December 28, 2019 | | December 29, 2018 | | (in thousands) | Current portion of operating lease right-of-use liabilities | $ | 20,357 |
| | $ | — |
| Accrued income taxes | 26,066 |
| | 24,120 |
| Customer contract deposits | 33,080 |
| | 38,245 |
| Other | 11,095 |
| | 8,915 |
| Other current liabilities | $ | 90,598 |
| | $ | 71,280 |
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The composition of other long-term liabilities is as follows: | | | | | | | | | | December 28, 2019 | | December 29, 2018 | | (in thousands) | U.S. Transition Tax | $ | 52,066 |
| | $ | 52,064 |
| Long-term pension liability | 43,054 |
| | 24,671 |
| Accrued executive supplemental life insurance retirement plan and deferred compensation plan | 37,779 |
| | 36,086 |
| Long-term deferred revenue | 20,983 |
| | 34,420 |
| Other | 29,051 |
| | 31,880 |
| Other long-term liabilities | $ | 182,933 |
| | $ | 179,121 |
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