Property, Equipment, and Leasehold Improvements, net

12 Months Ended

Sep. 30, 2012

Property, Plant and Equipment [Abstract]

Property, Equipment, and Leasehold Improvements, net

Property, equipment, and leasehold improvements, net consisted of the following at September 30:



	2012			2011
	(in thousands)
Machinery and equipment	$	47,377		$	41,482
Furniture and fixtures	2,869			2,685
Land, buildings and improvements	29,553			30,016
	79,799			74,183
Less accumulated depreciation and amortization	(50,513		)	(45,224		)
	$	29,286		$	28,959

During the fourth quarter of fiscal 2012, the Company recorded a $1.2 million impairment charge, which was included in operating expenses, to write-down certain assets to their estimated fair value.

The Company rents out certain floors in its office building in Hsinchu, Taiwan. These leases are cancelable with either two months or three months notice. The value of the assets leased to others is included in Property, Equipment, and Leasehold Improvements, net in the Company’s balance sheet. Rental income and the depreciation of the assets are included in other income (expense), net. Rental income was approximately $1.3 million, $1.4 million and $1.1 million, in fiscal 2012, fiscal 2011 and fiscal 2010, respectively. Depreciation of the assets was approximately $0.1 million in each of fiscal 2012, fiscal 2011 and fiscal 2010.

The assets leased consisted of the following at September 30:



	2012			2011
	(in thousands)
Buildings and improvements	$	10,533		$	9,838
Less accumulated depreciation	(6,116		)	(6,455		)
	$	4,417		$	3,383

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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