Property and Equipment

12 Months Ended

Jan. 03, 2015

Property, Plant and Equipment [Abstract]



(In thousands)	January 3, 2015			December 28, 2013
Land	$	—		$	1,456
Buildings	3,516			27,827
Computer and test equipment	158,117			154,508
Office furniture and equipment	7,028			9,122
Leasehold and building improvements	13,213			16,695
	181,874			209,608
Accumulated depreciation and amortization	(154,078		)	(167,889		)
	$	27,796		$	41,719

Depreciation expense was $11.4 million, $11.2 million and $13.6 million for fiscal years 2014, 2013 and 2012, respectively.

In November 2014, we sold land and buildings, comprising our headquarters in Hillsboro, Oregon, for net proceeds of approximately $14.6 million. This property had a historical cost of $30.9 million and accumulated depreciation of $17.9 million, resulting in a net gain on sale of $1.6 million. We leased back a portion of the facilities for a lease term of eight years, resulting in deferral of the gain, which will be amortized over the life of the lease.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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