As of June 29, 2013, future minimum annual lease payments under non-cancellable operating leases were as follows (in millions):
2014 |
$ | 27.5 | ||
2015 |
25.2 | |||
2016 |
19.9 | |||
2017 |
15.8 | |||
2018 |
13.0 | |||
Thereafter |
26.3 | |||
Total minimum operating lease payments |
$ | 127.7 | ||
The following table presents the changes in the Company's warranty reserve during fiscal 2013 and fiscal 2012 (in millions):
|
Years Ended | ||||||
---|---|---|---|---|---|---|---|
|
June 29, 2013 |
June 30, 2012 |
|||||
Balance as of beginning of year |
$ | 8.1 | $ | 7.9 | |||
Provision for warranty |
8.9 | 9.5 | |||||
Utilization of reserve |
(7.2 | ) | (7.9 | ) | |||
Adjustments related to pre-existing warranties (including changes in estimates) |
(2.9 | ) | (1.4 | ) | |||
Balance as of end of year |
$ | 6.9 | $ | 8.1 | |||