Commitments and Contingencies

9 Months Ended

Sep. 28, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

The Company's manufacturing suppliers require us to forecast wafer starts several months in advance. The Company is committed to take delivery of and pay for a portion of forecasted wafer volume. As of September 28, 2014 and December 29, 2013, the Company had $569,000 and $10.8 million, respectively, of outstanding commitments for the purchase of wafer and finished goods inventory.

The Company has obligations with certain suppliers for the purchase of other goods and services entered into in the ordinary course of business. As of September 28, 2014, total outstanding purchase obligations were $1.9 million, which are primarily due within the next twelve months.

The Company leases its primary facility under a non-cancelable operating lease that expires at the end of 2018. In addition, the Company rents development facilities in India as well as sales offices in Europe and Asia. Total rent expense, net of sublease income, for the third quarters of 2014 and 2013 was approximately $239,000 and $234,000, respectively. Total rent expense, net of sublease income, for the first nine months of 2014 and 2013 was approximately $710,000 and $726,000, respectively.

As of September 28, 2014, future minimum lease commitments under the Company's operating leases, excluding property taxes and insurance are as follows:

	Operating Leases
	(in thousands)
Fiscal Years
2014 (Remaining 3 months)	$	226
2015	925
2016	847
2017	781
2018	799
	$	3,578