Note 6. Balance Sheet and Other Details

Accounts Receivable Reserves and Allowances

The activities and balances for allowance for doubtful accounts and allowance for sales returns were as follows (in millions):

	June 29,		Charged to Costs					March 29,
	2013		and Expenses		Deduction (1)			2014
Allowance for doubtful accounts	$	2.1	$	1.0	$	(0.3	)	$	2.8
Allowance for sales returns	0.1		0.3		(0.1		)	0.3
Total accounts receivable reserves	$	2.2	$	1.3	$	(0.4	)	$	3.1

(1) Write-off of uncollectible accounts, net of recoveries.

Inventories, Net

Inventories, net are stated at the lower of cost or market, and include material, labor, and manufacturing overhead costs. The components of Inventories, net were as follows (in millions):

	March 29,		June 29,
	2014		2013
Finished goods	$	70.2	$	85.7
Work in process	39.9		37.0
Raw materials and purchased parts	37.6		23.1
Inventories, net	$	147.7	$	145.8

Prepayments and Other Current Assets

The components of Prepayments and other current assets were as follows (in millions):

	March 29,		June 29,
	2014		2013
Prepayments	$	30.5	$	36.0
Advances to contract manufacturers	13.7		14.6
Deferred income tax	4.2		3.9
Refundable income taxes	3.0		2.3
Other receivables	25.0		26.1
Assets held for sale	—		2.2
Other current assets	9.5		10.2
Prepayments and other current assets	$	85.9	$	95.3

Property, Plant and Equipment, Net

The components of Property, plant and equipment, net were as follows (in millions):

	March 29,			June 29,
	2014			2013
Land	$	20.6		$	14.6
Buildings and improvements	63.7			34.9
Machinery and equipment	482.0			453.8
Furniture, fixtures, software and office equipment	145.4			132.9
Leasehold improvements	76.8			92.7
Construction-in-progress	28.9			14.9
	817.4			743.8
Less: Accumulated depreciation	(545.5		)	(496.8		)
Property, plant and equipment, net	$	271.9		$	247.0

During the second quarter of fiscal 2014, the Company purchased a fabrication facility in California for $14.7 million which the Company previously leased.

As of March 29, 2014 and June 29, 2013, Property, plant and equipment, net included $20.4 million and $21.8 million, respectively, in land and buildings related to the Santa Rosa and Eningen Transactions (as defined in “Note 16. Commitments and Contingencies” below) accounted for under the financing method. Refer to “Note 16. Commitments and Contingencies” for more details.

During the three months ended March 29, 2014 and March 30, 2013, the Company recorded $18.2 million and $17.0 million of depreciation expense, respectively. During the nine months ended March 29, 2014 and March 30, 2013, the Company recorded $53.8 million and $50.8 million of depreciation expense, respectively.

Other Current Liabilities

The components of Other current liabilities were as follows (in millions):

	March 29,		June 29,
	2014		2013
Deferred compensation plan	$	3.8	$	4.2
Warranty	6.0		6.0
VAT liabilities	5.7		5.6
Restructuring	6.4		10.3
Holdback liabilities from acquisitions	32.2		13.1
Other	12.0		6.1
Other current liabilities	$	66.1	$	45.3

Other Non-Current Liabilities

The components of Other non-current liabilities were as follows (in millions):

	March 29,		June 29,
	2014		2013
Pension and post-employment benefits	$	97.4	$	92.0
Deferred taxes	8.0		11.0
Restructuring	2.6		6.2
Financing obligation	31.7		32.4
Non-current income taxes payable	13.2		13.4
Asset retirement obligations	5.4		8.8
Long-term deferred revenue	26.0		25.8
Other	18.5		16.6
Other non-current liabilities	$	202.8	$	206.2