XML 88 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Apr. 01, 2012
Apr. 03, 2011
Cash flows from operating activities:    
Net income $ 114,385 $ 224,124
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred taxes 5,503 6,174
Depreciation 33,178 29,775
Amortization 45,146 32,839
Provision for doubtful accounts (1,285) (2,745)
Share-based compensation expense 19,080 14,591
Excess tax benefit from share-based compensation (8,597) (6,412)
Impairment, restructuring and other (5,454) (13,177)
Other non-operating 29,662 20,448
Changes in operating assets and liabilities:    
Accounts receivable from product revenues 160,474 131,464
Inventory (85,212) 16,379
Other assets 65,706 (23,749)
Accounts payable trade (34,293) (36,309)
Accounts payable to related parties (75,203) (30,496)
Other liabilities (195,916) 35,733
Total adjustments (47,211) 174,515
Net cash provided by operating activities 67,174 398,639
Cash flows from investing activities:    
Purchases of short and long-term marketable securities (756,357) (637,501)
Proceeds from sales of short and long-term marketable securities 625,736 497,603
Proceeds from maturities of short and long-term marketable securities 192,842 117,240
Acquisition of property and equipment (144,218) (33,745)
Investment in Flash Ventures (12,526) (61)
Notes receivable proceeds from Flash Ventures 63,833 85,096
Notes receivable issuance to Flash Ventures (51,130) (213,951)
Purchased technology and other assets (28) (100,000)
Acquisitions, net of cash acquired (54,538) (15,000)
Net cash used in investing activities (136,386) (300,319)
Cash flows from financing activities:    
Proceeds from employee stock programs 45,318 42,148
Excess tax benefit from share-based compensation 8,597 6,412
Share repurchase program (60,911) 0
Net cash received in settlement of stock repurchase contracts 1,142 0
Net cash provided by (used in) financing activities (5,854) 48,560
Effect of changes in foreign currency exchange rates on cash 833 (1,579)
Net increase (decrease) in cash and cash equivalents (74,233) 145,301
Cash and cash equivalents at beginning of the period 1,167,496 829,149
Cash and cash equivalents at end of the period $ 1,093,263 $ 974,450