

(in thousands)	July 1, 2018			April 1, 2018
Inventories, net
Raw materials	$	5,137		$	4,345
Work-in-process	43,782			45,713
Finished goods	17,258			18,644
Total inventories, net	$	66,177		$	68,702
Accounts receivable, net
Accounts receivable, gross	$	124,539		$	120,953
Allowance for returns, price credits and doubtful accounts (1)	(1,562		)	(12,174		)
Total accounts receivable, net	$	122,977		$	108,779
Property, plant and equipment, net
Land	$	11,535		$	11,535
Machinery and equipment	291,073			285,784
Building and leasehold improvements	50,647			50,722
Total property, plant and equipment, gross	353,255			348,041
Less: accumulated depreciation (2)	(266,320		)	(261,196		)
Total property, plant and equipment, net	$	86,935		$	86,845



Other accrued liabilities
Accrued restructuring costs (3)	$	2,055	$	4,637
Current income tax payable	5,801		6,281
Refund liabilities (1)	9,519		—
Other (4)	15,118		15,606
Total other accrued liabilities	$	32,493	$	26,524



Other long-term obligations
Deferred compensation related liabilities	$	18,105	$	16,310
Other (5)	9,264		9,374
Total other long-term liabilities	$	27,369	$	25,684

(1) Upon adoption of ASC Topic 606 under the modified retrospective method, price adjustment and other revenue reserves were presented in “Other Accrued Liabilities” effective April 2, 2018. Those reserves were previously included in “Accounts Receivable, Net”. Refer to Note 3 for additional information.

(2) Depreciation expense was $6.6 million and $6.1 million for the three months ended July 1, 2018 and July 2, 2017, respectively.

(3) Includes accrued severance costs related to various restructuring actions. Refer to Note 12 for additional information.

(4) Other current liabilities consist primarily of accrued royalties and outside commissions, current portion of deferred revenue, current portion of lease payable, current portion of liability for contingent consideration, and other accrued unbilled expenses.

(5) Other long-term obligations consist primarily of non-current portion of liability for contingent consideration, non-current portion of deferred revenue, non-current portion of lease payable, and other long-term accrued liabilities.