Property and Equipment

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]



(In thousands)	December 31, 2016			January 2, 2016
Buildings	$	3,554		$	3,554
Computer and test equipment	162,388			148,995
Office furniture and equipment	3,460			3,880
Leasehold and building improvements	14,865			14,366
	184,267			170,795
Accumulated depreciation and amortization	(134,786		)	(118,943		)
	$	49,481		$	51,852

Depreciation and amortization expense for property and equipment was $18.4 million, $18.1 million including $1.5 million of restructuring expense, and $11.4 million for fiscal years 2016, 2015, and 2014, respectively.

As of December 31, 2016, our owned building space in Shanghai, China was classified as held for sale as a result of planned facilities consolidation under our March 2015 Restructuring Plan. We have halted depreciation as of December 31, 2016 and entered into a contract to sell the building in January 2017. We expect the sale to be completed in the first quarter of fiscal 2017. The office space had a carrying value of $2.2 million as of December 31, 2016 and is included in property and equipment in the Consolidated Balance Sheets.

In November 2014, we sold land and buildings, comprising the former location of our corporate headquarters and executive office 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 is being amortized over the life of the lease.