LEASE FINANCING OBLIGATIONS (Tables)

9 Months Ended

Dec. 30, 2012

Amortization Expense Related to Design Tools Recorded Using Straight-Line Method Over Remaining Useful Life For Periods

Amortization expense related to the Design Tools, which was recorded using the straight-line method over the remaining useful life for the periods indicated below was as follows (in thousands):

	Three Months Ended				Nine Months Ended
	December 30, 2012		January 1, 2012		December 30, 2012		January 1, 2012
Amortization expense	$	818	$	992	$	2,659	$	2,780

Future Minimum Lease and Sublease Income Payments for Lease Financing Obligations

Future minimum lease and sublease income payments for the lease financing obligations as of December 30, 2012 are as follows (in thousands):

Fiscal Years	Design Tools
2013 (3 months remaining)	$	335
2014		3,284
2015		1,320
2016		10
2017 and thereafter		16
Total minimum lease payments		4,965
Less: amount representing interest		(229	)
Present value of minimum lease payments		4,736
Less: short-term lease financing obligations		(3,138	)
Long-term lease financing obligations	$	1,598

Interest Expense for Lease Financing Obligations

Interest expense for the lease financing obligations for the periods indicated below was as follows (in thousands):

	Three Months Ended				Nine Months Ended
	December 30, 2012		January 1, 2012		December 30, 2012		January 1, 2012
Interest expense	$	35	$	60	$	107	$	181

            

Rent Expenses on Operating Leases

In the course of our business, we enter into arrangements accounted for as operating leases related to the licensing of engineering design software and the rental of office space. Rent expenses for all operating leases for the periods indicated below were as follows (in thousands):

	Three Months Ended				Nine Months Ended
	December 30, 2012		January 1, 2012		December 30, 2012		January 1, 2012
Rent expense	$	149	$	343	$	456	$	1,075

Future Minimum Lease Payments for Lease Operating Obligations

Our future minimum lease payments for the lease operating obligations as of December 30, 2012 are as follows (in thousands):

Fiscal Years	Amount
2013 (3 months remaining)	$	134
2014		210
2015		105
2016		73
2017 and thereafter		91
Total minimum lease payments	$	613