Note 4 - Balance Sheet Details

12 Months Ended

Mar. 29, 2015

Disclosure Text Block Supplement [Abstract]

Supplemental Balance Sheet Disclosures [Text Block]

NOTE 4.    BALANCE SHEET DETAILS

Our property, plant and equipment consisted of the following as of the dates indicated below (in thousands):

	March 29, 2015			March 30, 2014
Land	$	6,660		$	6,660
Building		17,431			16,787
Machinery and equipment		41,449			40,675
Software and licenses		22,044			17,549
Property, plant and equipment, total		87,584			81,671
Accumulated depreciation and amortization		(61,507	)		(60,391	)
Total property, plant and equipment, net	$	26,077		$	21,280

Depreciation and amortization expense pertaining to property, plant and equipment for fiscal years 2015, 2014 and 2013 was $6.3 million, $5.6 million and $6.8 million, respectively. During fiscal year 2015, we wrote off $7.5 million of fully depreciated assets and recorded $2.0 million impairment charges to write off certain mask costs during our strategic restructuring process prompted by our recent acquisition of iML and associated significant reduction in force. See Note 7 – “Restructuring Charges and Exit Costs” for impairment detail.

Our inventories consisted of the following (in thousands) as of the dates indicated below:

	March 29, 2015		March 30, 2014
Work-in-progress and raw materials	$	16,789	$	13,555
Finished goods		13,978		15,427
Total inventories	$	30,767	$	28,982

Our other current liabilities consisted of the following (in thousands) as of the dates indicated below:

	March 29, 2015		March 30, 2014
Deferred tax liability	$	7,021	$	—
Short-term lease financing obligations		3,834		2,671
Accrued retention bonus		2,951		217
Accrued manufacturing expenses, royalties and licenses		1,122		1,639
Purchase consideration holdback		1,006		1,256
Accrued legal and professional services		982		1,453
Accrued restructuring charges and exit costs		982		2,214
Accrued sales and marketing expenses		686		666
Other current liabilities		2,703		1,254
Total other current liabilities	$	21,287	$	11,370

Our other non - current obligations consisted of the following (in thousands) as of the dates indicated:

	March 29, 2015		March 30, 2014
Long-term taxes payable		4,351		794
Deferred tax liability		42		614
Fair value of earn out liability – long-term		—		3,853
Accrued retention bonus		—		1,181
Accrued restructuring charges and exit costs		—		155
Other		—		29
Total other non-current obligations	$	4,393	$	6,626