ATHR » Topics » Note 4. Property and Equipment

These excerpts taken from the ATHR 10-K filed Feb 13, 2009.

5. Property and Equipment

Property and equipment consist of (in thousands):

 

     December 31,  
     2008     2007  

Machinery and equipment

   $ 21,503     $ 16,825  

Software

     5,518       3,476  

Furniture and fixtures

     1,294       1,004  

Leasehold improvements

     3,753       3,588  
                
     32,068       24,893  

Accumulated depreciation and amortization

     (17,279 )     (11,401 )
                

Property and equipment, net

   $ 14,789     $ 13,492  
                

Included in property and equipment in 2007, was $2,235,000 of software and related software costs and $113,000 of machinery and equipment related to the implementation of the Company’s new enterprise resource planning system in 2007. The company capitalized an additional $1,093,000 of software and related software costs during 2008 related to the implementation of the enterprise resource planning system.

5. Property and Equipment

FACE="Times New Roman" SIZE="2">Property and equipment consist of (in thousands):

 































































































































   December 31, 
   2008  2007 

Machinery and equipment

  $21,503  $16,825 

Software

   5,518   3,476 

Furniture and fixtures

   1,294   1,004 

Leasehold improvements

   3,753   3,588 
         
   32,068   24,893 

Accumulated depreciation and amortization

   (17,279)  (11,401)
         

Property and equipment, net

  $14,789  $13,492 
         

Included in property and equipment in 2007, was $2,235,000 of software and related software costs
and $113,000 of machinery and equipment related to the implementation of the Company’s new enterprise resource planning system in 2007. The company capitalized an additional $1,093,000 of software and related software costs during 2008 related
to the implementation of the enterprise resource planning system.

This excerpt taken from the ATHR 10-K filed Feb 28, 2008.

5. Property and Equipment

Property and equipment at December 31 consist of (in thousands):

 

     December 31,  
     2007     2006  

Machinery and equipment

   $ 16,825     $ 12,715  

Software

     3,476       1,389  

Furniture and fixtures

     1,004       870  

Leasehold improvements

     3,588       2,624  
                
     24,893       17,598  

Accumulated depreciation and amortization

     (11,401 )     (8,604 )
                

Property and equipment, net

   $ 13,492     $ 8,994  
                

At December 31, 2007 and 2006, the Company had no assets under capital lease agreements.

Included in property and equipment in 2007, was $2,235,000 of software and $113,000 of machinery and equipment related to the implementation of the Company’s new enterprise resource planning system in 2007.

The Company entered into an agreement under which it will receive equipment in exchange for services. During 2006 and 2005, the Company received equipment which the Company recorded at the equipment’s fair value of $232,000 and $285,000, respectively. Since the Company has not yet rendered any services for the equipment, the Company recorded $517,000 in accrued liabilities at December 31, 2007 and 2006, respectively. There was no gain or loss recorded on the transaction.

This excerpt taken from the ATHR 8-K filed Feb 26, 2008.

Note 4. Property and Equipment

Property and equipment consist of the following at September 30 and December 31 (in thousands):

 

     September 30,
2007
    December 31,  
     (Unaudited)     2006     2005  

Computer equipment and software

   $ 180     $ 138     $ 121  

Machinery and equipment

     729       683       687  
                        
     909       821       808  

Less accumulated depreciation

     (618 )     (506 )     (415 )
                        

Property and equipment

   $ 291     $ 315     $ 393  
                        
This excerpt taken from the ATHR 8-K filed Feb 22, 2008.

Property and equipment

Property and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight line basis at the following annual rates:

 

Furniture and fixtures

  3 to 5 years  

Machinery and equipment

  2 to 5 years  

Leasehold improvements

  5 years  
This excerpt taken from the ATHR 8-K filed Mar 5, 2007.

Property and equipment

Property and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line basis at the following annual rates:

 

Furniture and fixtures

    3 to 5 years  

Machinery and equipment

    2 to 5 years  

Leasehold improvements

    5 years  
This excerpt taken from the ATHR 10-K filed Mar 1, 2007.

6. Property and Equipment

 

Property and equipment at December 31 consist of (in thousands):

 

     December 31,

 
     2006

    2005

 

Machinery and equipment

   $ 12,715     $ 8,090  

Software

     1,389       613  

Furniture and fixtures

     870       650  

Leasehold improvements

     2,624       2,132  
    


 


       17,598       11,485  

Accumulated depreciation and amortization

     (8,604 )     (5,928 )
    


 


Property and equipment, net

   $ 8,994     $ 5,557  
    


 


 

At December 31, 2006 and 2005, the Company had no assets under capital lease agreements.

 

The Company entered into an agreement under which it will receive equipment in exchange for services. During 2006 and 2005, the Company received equipment which the Company recorded at the equipment’s fair value of $232,000 and $285,000, respectively. Since the Company has not yet rendered any services for the equipment, the Company has recorded $517,000 and $285,000 in accrued liabilities at December 31, 2006 and 2005, respectively. There was no gain or loss recorded on the transaction.

 

This excerpt taken from the ATHR 10-K filed Mar 10, 2006.

4. Property and Equipment

 

Property and equipment at December 31 consist of (in thousands):

 

     December 31,

 
     2005

    2004

 

Machinery and equipment

   $ 8,090     $ 7,316  

Software

     613       1,169  

Furniture and fixtures

     650       277  

Leasehold improvements

     2,132       311  
    


 


       11,485       9,073  

Accumulated depreciation and amortization

     (5,928 )     (6,316 )
    


 


Property and equipment, net

   $ 5,557     $ 2,757  
    


 


 

At December 31, 2005 and 2004, the Company had no assets under capital lease agreements.

 

The Company entered into an agreement under which it will receive equipment in exchange for services. During 2005, the Company received equipment which the Company recorded at the equipment’s fair value of $285,000. Since the Company has not yet rendered any services for the equipment, the Company has recorded $285,000 in accrued liabilities at December 31, 2005. There was no gain or loss recorded on the transaction.

 

This excerpt taken from the ATHR 10-K filed Mar 11, 2005.

4. Property and Equipment

 

Property and equipment at December 31 consist of (in thousands):

 

     December 31,

 
     2004

    2003

 

Machinery and equipment

   $ 7,316     $ 5,481  

Software

     1,169       1,170  

Leasehold improvements

     311       274  

Furniture and fixtures

     277       111  
    


 


       9,073       7,036  

Accumulated depreciation and amortization

     (6,316 )     (4,690 )
    


 


Property and equipment, net

   $ 2,757     $ 2,346  
    


 


 

F-13


Table of Contents

ATHEROS COMMUNICATIONS, INC.

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

At December 31, 2004, the Company had no assets under capital lease agreements. At December 31, 2003, machinery and equipment and software under capital lease agreements amounted to $211,000 (net of accumulated amortization of $1,777,000.)

 

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