This excerpt taken from the ALTR 10-Q filed Apr 27, 2009.
We depend entirely upon subcontractors to manufacture our silicon wafers and provide assembly and test services. Due to lengthy subcontractor lead times, we must order these materials and services from these subcontractors well in advance, and we are obligated to pay for the materials and services once they are completed. As of March 27, 2009, we had approximately $106.7 million of outstanding purchase commitments to such subcontractors. We expect to receive and pay for these materials and services within the next four to six months.
We also lease facilities under non-cancelable lease agreements expiring at various times through 2015. There have been no significant changes to our operating lease obligations since December 31, 2008. The balance of our capital lease obligations included in our condensed consolidated balance sheets was $3.1 million as of March 27, 2009 and $5.1 million as of December 31, 2008.
In addition to these lease and purchase obligations, in the normal course of business, we enter into a variety of agreements and financial commitments. It is not possible to predict the maximum potential amount of future payments under these agreements due to the conditional nature of our obligations and the unique facts and circumstances involved in each particular agreement. Historically, payments pursuant to such agreements have not been material. We believe that any future payments required pursuant to such agreements would not be significant to our consolidated financial position or operating results.
As of March 27, 2009, we had $206.8 million of unrecognized tax benefits. Due to the uncertainty with respect to the timing of future cash flows associated with our unrecognized tax benefits as of March 27, 2009, we are unable to make reasonably reliable estimates of the period of cash settlement with the respective taxing authority.
This excerpt taken from the ALTR 10-K filed Mar 11, 2005.
The following table summarizes our significant contractual cash obligations at December 31, 2004, and the effect such obligations is expected to have on liquidity and cash flow in future periods: