XML 91 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 28, 2014
Dec. 29, 2013
Dec. 30, 2012
Cash flows from operating activities:      
Net income $ 1,007,446,000us-gaap_ProfitLoss $ 1,042,657,000us-gaap_ProfitLoss $ 417,404,000us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred taxes (7,915,000)us-gaap_DeferredIncomeTaxesAndTaxCredits 527,000us-gaap_DeferredIncomeTaxesAndTaxCredits 34,368,000us-gaap_DeferredIncomeTaxesAndTaxCredits
Depreciation 254,271,000us-gaap_Depreciation 226,334,000us-gaap_Depreciation 161,949,000us-gaap_Depreciation
Amortization 324,231,000us-gaap_AdjustmentForAmortization 237,731,000us-gaap_AdjustmentForAmortization 254,352,000us-gaap_AdjustmentForAmortization
Provision for doubtful accounts 857,000us-gaap_ProvisionForDoubtfulAccounts 2,167,000us-gaap_ProvisionForDoubtfulAccounts 1,452,000us-gaap_ProvisionForDoubtfulAccounts
Share‑based compensation expense 155,313,000us-gaap_EmployeeBenefitsAndShareBasedCompensation 99,756,000us-gaap_EmployeeBenefitsAndShareBasedCompensation 78,443,000us-gaap_EmployeeBenefitsAndShareBasedCompensation
Excess tax benefit from share-based plans (44,919,000)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (27,198,000)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (16,015,000)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Impairment and other 6,790,000sndk_NoncashGainsAndImpairmentLosses 75,561,000sndk_NoncashGainsAndImpairmentLosses (17,350,000)sndk_NoncashGainsAndImpairmentLosses
Other non-operating 636,000us-gaap_OtherNoncashIncomeExpense (792,000)us-gaap_OtherNoncashIncomeExpense 9,424,000us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities:      
Accounts receivable, net (118,606,000)us-gaap_IncreaseDecreaseInAccountsReceivable (51,125,000)us-gaap_IncreaseDecreaseInAccountsReceivable (68,070,000)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventory 136,442,000us-gaap_IncreaseDecreaseInInventories 23,310,000us-gaap_IncreaseDecreaseInInventories (71,260,000)us-gaap_IncreaseDecreaseInInventories
Other assets 37,738,000us-gaap_IncreaseDecreaseInOtherOperatingAssets 147,713,000us-gaap_IncreaseDecreaseInOtherOperatingAssets (84,579,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable trade 37,380,000us-gaap_IncreaseDecreaseInAccountsPayableTrade 16,377,000us-gaap_IncreaseDecreaseInAccountsPayableTrade (4,124,000)us-gaap_IncreaseDecreaseInAccountsPayableTrade
Accounts payable to related parties (10,913,000)us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties (67,842,000)us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties (61,469,000)us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties
Other liabilities (80,303,000)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 138,496,000us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (104,671,000)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Total adjustments 691,002,000us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities 821,015,000us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities 112,450,000us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Net cash provided by operating activities 1,698,448,000us-gaap_NetCashProvidedByUsedInOperatingActivities 1,863,672,000us-gaap_NetCashProvidedByUsedInOperatingActivities 529,854,000us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Purchases of short and long-term marketable securities (4,106,494,000)us-gaap_PaymentsToAcquireInvestments (4,925,520,000)us-gaap_PaymentsToAcquireInvestments (3,178,660,000)us-gaap_PaymentsToAcquireInvestments
Proceeds from sales of short and long-term marketable securities 4,114,712,000sndk_ProceedsFromSalesOfShortAndLongTermInvestments 3,701,528,000sndk_ProceedsFromSalesOfShortAndLongTermInvestments 2,197,302,000sndk_ProceedsFromSalesOfShortAndLongTermInvestments
Proceeds from maturities of short and long-term marketable securities 772,882,000sndk_ProceedsFromMaturitiesOfShortAndLongTermInvestments 751,900,000sndk_ProceedsFromMaturitiesOfShortAndLongTermInvestments 650,060,000sndk_ProceedsFromMaturitiesOfShortAndLongTermInvestments
Acquisition of property and equipment, net (232,786,000)us-gaap_PaymentsToAcquireProductiveAssets (213,415,000)us-gaap_PaymentsToAcquireProductiveAssets (487,973,000)us-gaap_PaymentsToAcquireProductiveAssets
Investment in Flash Ventures (24,296,000)us-gaap_PaymentsToAcquireEquityMethodInvestments (12,342,000)us-gaap_PaymentsToAcquireEquityMethodInvestments (50,439,000)us-gaap_PaymentsToAcquireEquityMethodInvestments
Notes receivable issuances to Flash Ventures (181,481,000)sndk_PaymentsForLongTermLoansForRelatedParties (37,099,000)sndk_PaymentsForLongTermLoansForRelatedParties (142,316,000)sndk_PaymentsForLongTermLoansForRelatedParties
Notes receivable proceeds from Flash Ventures 231,409,000sndk_ProceedsFromLongTermLoansForRelatedParties 124,765,000sndk_ProceedsFromLongTermLoansForRelatedParties 511,289,000sndk_ProceedsFromLongTermLoansForRelatedParties
Purchased technology and other assets (24,837,000)sndk_PaymentsToOrProceedsFromTechnologyAndOtherAssets (8,377,000)sndk_PaymentsToOrProceedsFromTechnologyAndOtherAssets (4,000,000)sndk_PaymentsToOrProceedsFromTechnologyAndOtherAssets
Acquisitions, net of cash acquired (1,063,798,000)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (304,320,000)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (69,629,000)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Net cash used in investing activities (514,689,000)us-gaap_NetCashProvidedByUsedInInvestingActivities (922,880,000)us-gaap_NetCashProvidedByUsedInInvestingActivities (574,366,000)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Proceeds from issuance of convertible senior notes, net of issuance costs 0us-gaap_ProceedsFromRepaymentsOfDebt 1,483,125,000us-gaap_ProceedsFromRepaymentsOfDebt 0us-gaap_ProceedsFromRepaymentsOfDebt
Purchase of convertible bond hedge 0sndk_TransactionCostOfConvertibleBondHedgeAccountedForEquityTransaction (331,650,000)sndk_TransactionCostOfConvertibleBondHedgeAccountedForEquityTransaction 0sndk_TransactionCostOfConvertibleBondHedgeAccountedForEquityTransaction
Proceeds from sale of warrants 0us-gaap_ProceedsFromIssuanceOfWarrants 217,800,000us-gaap_ProceedsFromIssuanceOfWarrants 0us-gaap_ProceedsFromIssuanceOfWarrants
Repayment of debt financing (3,212,000)us-gaap_ProceedsFromRepaymentsOfNotesPayable (928,061,000)us-gaap_ProceedsFromRepaymentsOfNotesPayable 0us-gaap_ProceedsFromRepaymentsOfNotesPayable
Distribution to non-controlling interests 0us-gaap_PaymentsToMinorityShareholders (87,000)us-gaap_PaymentsToMinorityShareholders 0us-gaap_PaymentsToMinorityShareholders
Proceeds from employee stock programs 181,486,000us-gaap_ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans 266,044,000us-gaap_ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans 86,302,000us-gaap_ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans
Excess tax benefit from share-based plans 44,919,000us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 27,198,000us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 16,015,000us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Dividends paid (234,565,000)us-gaap_PaymentsOfDividends (101,191,000)us-gaap_PaymentsOfDividends 0us-gaap_PaymentsOfDividends
Stock repurchases (1,341,476,000)us-gaap_PaymentsForRepurchaseOfCommonStock (1,589,539,000)us-gaap_PaymentsForRepurchaseOfCommonStock (230,081,000)us-gaap_PaymentsForRepurchaseOfCommonStock
Net cash received for share repurchase contracts 0sndk_NetCashReceivedInSettlementOfPaidInAdvanceForStockRepurchaseContracts 0sndk_NetCashReceivedInSettlementOfPaidInAdvanceForStockRepurchaseContracts 2,675,000sndk_NetCashReceivedInSettlementOfPaidInAdvanceForStockRepurchaseContracts
Net cash used in financing activities (1,352,848,000)us-gaap_NetCashProvidedByUsedInFinancingActivities (956,361,000)us-gaap_NetCashProvidedByUsedInFinancingActivities (125,089,000)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of changes in foreign currency exchange rates on cash (8,154,000)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 6,345,000us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (2,425,000)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net decrease in cash and cash equivalents (177,243,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (9,224,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (172,026,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 986,246,000us-gaap_CashAndCashEquivalentsAtCarryingValue 995,470,000us-gaap_CashAndCashEquivalentsAtCarryingValue 1,167,496,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of year 809,003,000us-gaap_CashAndCashEquivalentsAtCarryingValue 986,246,000us-gaap_CashAndCashEquivalentsAtCarryingValue 995,470,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information:      
Cash paid for income taxes, net of refunds (433,959,000)us-gaap_IncomeTaxesPaidNet (373,183,000)us-gaap_IncomeTaxesPaidNet (360,688,000)us-gaap_IncomeTaxesPaidNet
Cash paid for interest expense $ (22,349,000)us-gaap_InterestPaid $ (20,403,000)us-gaap_InterestPaid $ (24,957,000)us-gaap_InterestPaid