XML 58 R21.htm IDEA: XBRL DOCUMENT v2.3.0.15
Commitments
6 Months Ended
Oct. 01, 2011
Commitments [Abstract] 
Commitments
Note 16. Commitments
Xilinx leases some of its facilities and office buildings under non-cancelable operating leases that expire at various dates through October 2021. Additionally, Xilinx entered into a land lease in conjunction with the Company’s building in Singapore, which will expire in November 2035 and the lease cost was settled in an up-front payment in June 2006. Some of the operating leases for facilities and office buildings require payment of operating costs, including property taxes, repairs, maintenance and insurance. Most of the Company’s leases contain renewal options for varying terms. Approximate future minimum lease payments under non-cancelable operating leases are as follows:
         
Fiscal years   (In thousands)  
2012 (remaining six months)
  $ 3,531  
2013
    6,425  
2014
    4,682  
2015
    2,888  
2016
    1,597  
Thereafter
    4,961  
 
     
 
  $ 24,084  
 
     
Aggregate future rental income to be received, which includes rents from both owned and leased property, totaled $9.1 million as of October 1, 2011. Rent expense, net of rental income, under all operating leases was $521 thousand and $1.6 million for the second quarter and the first six months of fiscal 2012, respectively. Rent expense, net of rental income, under all operating leases was $1.4 million and $2.4 million for the second quarter and the first six months of fiscal 2011, respectively. Rental income was not material for the second quarter and first six months of fiscal 2012 or 2011.
Other commitments as of October 1, 2011 totaled $96.9 million and consisted of purchases of inventory and other non-cancelable purchase obligations related to subcontractors that manufacture silicon wafers and provide assembly and some test services. The Company expects to receive and pay for these materials and services in the next three to six months, as the products meet delivery and quality specifications. As of October 1, 2011, the Company also had $27.3 million of non-cancelable license obligations to providers of electronic design automation software and hardware/software maintenance expiring at various dates through July 2014.
The Company committed up to $5.0 million to acquire, in the future, rights to intellectual property until July 2023. License payments will be amortized over the useful life of the intellectual property acquired.