Financial Statement Details
 12 Months Ended
Jun. 24, 2012
Financial Statement Details [Abstract]  
Financial Statement Details
Financial Statement Details

Accounts Receivable, net
The following is a summary of the components of accounts receivable, net (in thousands): 
 
June 24,
2012
 
June 26,
2011
Billed trade receivables

$173,145

 

$137,799

Unbilled contract receivables
1,576

 
1,038

 
174,721

 
138,837

Allowance for sales returns, discounts and other incentives
(20,681
)
 
(19,615
)
Allowance for bad debts
(1,782
)
 
(753
)
Total accounts receivable, net

$152,258

 

$118,469


The following table summarizes the changes in the Company’s allowance for sales returns and other incentives (in thousands):
 
 
Fiscal Years Ended
 
June 24,
2012
 
June 26,
2011
 
June 27,
2010
Balance at beginning of period

$19,615

 

$20,551

 

$9,644

Current period claims
(64,826
)
 
(47,448
)
 
(23,036
)
Provision for sales returns
65,892

 
46,512

 
33,943

Balance at end of period

$20,681

 

$19,615

 

$20,551


The following table is a roll forward of the Company’s allowance for bad debts (in thousands): 
 
Fiscal Years Ended
 
June 24,
2012
 
June 26,
2011
 
June 27,
2010
Balance at beginning of period

$753

 

$1,947

 

$2,531

Current year provision
1,029

 
(956
)
 
738

Write-offs net of recoveries
—

 
(238
)
 
(1,322
)
Balance at end of period

$1,782

 

$753

 

$1,947



Inventories
The following is a summary of the components of inventories (in thousands): 
 
June 24,
2012
 
June 26,
2011
Raw material

$57,618

 

$38,781

Work-in-progress
74,241

 
74,816

Finished goods
56,990

 
62,885

Total inventories

$188,849

 

$176,482



Property and Equipment, net
The following table reflects the components of property and equipment (in thousands):
 
June 24,
2012
 
June 26,
2011
Furniture and fixtures

$11,499

 

$10,439

Land and buildings
289,163

 
254,190

Machinery and equipment
856,733

 
799,259

Aircraft and vehicles
15,912

 
748

Computer hardware/software
29,510

 
26,954

Leasehold improvements and other
19,082

 
18,305

Construction in progress
108,986

 
95,974

 
1,330,885

 
1,205,869

Accumulated depreciation
(748,424
)
 
(649,940
)
Property and Equipment, net

$582,461

 

$555,929


Depreciation of property and equipment totaled $110.6 million, $93.1 million and $74.1 million for the years ended June 24, 2012, June 26, 2011 and June 27, 2010, respectively.
During the years ended June 24, 2012, June 26, 2011 and June 27, 2010, the Company recorded approximately $2.6 million, $1.5 million and $3.9 million, respectively, as losses on disposals or impairments of property and equipment. These charges are reflected in Loss on Disposal or Impairment of Long Lived Assets in the accompanying Consolidated Statements of Income.