Commitments

9 Months Ended

Dec. 31, 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:

		September 30,
Fiscal years	(In thousands)
2012 (remaining three months)	$	1,875
2013		6,551
2014		4,835
2015		2,848
2016		1,556
Thereafter		4,809
	$	22,474

Aggregate future rental income to be received, which includes rents from both owned and leased property, totaled $8.1 million as of December 31, 2011. Rent expense, net of rental income, under all operating leases was $598 thousand and $2.2 million for the third quarter and the first nine months of fiscal 2012, respectively. Rent expense, net of rental income, under all operating leases was $1.2 million and $3.6 million for the third quarter and the first nine months of fiscal 2011, respectively. Rental income was not material for the third quarter and first nine months of fiscal 2012 or 2011.

Other commitments as of December 31, 2011 totaled $86.2 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 December 31, 2011, the Company also had $29.8 million of non-cancelable license obligations to providers of electronic design automation software and hardware/software maintenance expiring at various dates through March 2015.

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.