Commitments and Contingencies

9 Months Ended

Oct. 02, 2016

Commitments and Contingencies Disclosure [Abstract]

Commitments

The Company's manufacturing suppliers require us to forecast wafer starts several months in advance. The Company is required to take delivery of and pay for a portion of forecasted wafer volume. As of October 2, 2016, and January 3, 2016, the Company had $2.7 million and $1.4 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 October 2, 2016, total outstanding purchase obligations were $1.1 million, all of which are due within the next twelve months, except for $2,000 relating to capital lease maintenance commitment.

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 for the third quarters of 2016 and 2015 was approximately $219,000 and $201,000, respectively. Total rent expense for the nine months of 2016 and 2015 was $623,000 and $678,000, respectively.

As of October 2, 2016, future minimum lease commitments under the Company's operating leases, excluding property taxes and insurance are as follows:



	Operating Leases
	(in thousands)
Fiscal Years
2016 (Remaining 3 months)	$	213
2017	797
2018	799
2019	165
2020	170
2021	84
	$	2,228