and market acceptance for our products and/or our customers’ products;

•inability to successfully develop and produce in volume production our next-generation products;

•competitive pressures resulting in lower than expected average selling prices; and

•new product announcements or product introductions by our competitors.



We expect to spend approximately $150.0 million to $200.0 million for capital expenditures during fiscal year 2016, primarily for facilities, emulation equipment, computers and engineering workstations.  



Contractual Obligations



The following table summarizes our contractual obligations as of January 25, 2015:

 

Off-Balance Sheet Arrangements



During fiscal years 2015, 2014 and 2013, we had no material off-balance sheet arrangements as defined in Regulation S-K 303(a)(4)(ii).



Adoption of New and Recently Issued Accounting Pronouncements



Please see Note 1 of the Notes to the Consolidated Financial Statements in Part IV, Item 15 of this Annual Report on Form 10-K for a discussion of adoption of new and recently issued accounting pronouncements.