Plantronics 2008 Annual Report Download - page 69

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63
5. DETAILS OF CERTAIN BALANCE SHEET ACCOUNTS
(in thousands) 2007 2008
Accounts receivable, net:
Accounts receivable $ 149,731 $ 171,611
Less: provisions for returns, promotions and rebates (30,895) (38,383)
Less: allowance for doubtful accounts (5,078) (1,735)
$ 113,758 $ 131,493
Inventory, net:
Purchased parts $ 57,406 $ 36,081
Work in process 6,268 3,611
Finished goods 62,931 87,396
$ 126,605 $ 127,088
Property, plant and equipment, net:
Land $ 8,630 $ 8,647
Buildings and improvements (useful life 7-30 years) 64,693 70,518
Machinery and equipment (useful life 2-10 years) 120,619 131,779
Construction in progress 5,622 6,071
199,564 217,015
Less: accumulated depreciation and amortization (102,305) (118,485)
$ 97,259 $ 98,530
Accrued liabilities:
Employee compensation and benefits $ 20,574 $ 25,089
Warranty accrual 7,240 10,441
Accrued advertising and sales and marketing 5,104 5,762
Accrued other 21,107 26,026
$ 54,025 $ 67,318
March 31,
Changes in the warranty obligation, which are included as a component of accrued liabilities on the consolidated balance sheets, are as
follows: