XML 101 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
3 Months Ended
Mar. 29, 2015
Mar. 30, 2014
Cash flows from operating activities:    
Net income $ 39,025,000us-gaap_ProfitLoss $ 268,948,000us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred taxes (965,000)us-gaap_DeferredIncomeTaxesAndTaxCredits 6,951,000us-gaap_DeferredIncomeTaxesAndTaxCredits
Depreciation 69,081,000us-gaap_Depreciation 60,089,000us-gaap_Depreciation
Amortization 83,374,000us-gaap_AdjustmentForAmortization 72,598,000us-gaap_AdjustmentForAmortization
Provision for doubtful accounts 330,000us-gaap_ProvisionForDoubtfulAccounts (547,000)us-gaap_ProvisionForDoubtfulAccounts
Share-based compensation expense 41,410,000us-gaap_EmployeeBenefitsAndShareBasedCompensation 30,030,000us-gaap_EmployeeBenefitsAndShareBasedCompensation
Excess tax benefit from share-based plans (8,865,000)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (17,460,000)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Impairment and other 63,709,000sndk_NoncashGainsAndImpairmentLosses 0sndk_NoncashGainsAndImpairmentLosses
Other non-operating (4,187,000)us-gaap_OtherNoncashIncomeExpense 1,020,000us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities:    
Accounts receivable, net 252,899,000us-gaap_IncreaseDecreaseInAccountsReceivable 86,689,000us-gaap_IncreaseDecreaseInAccountsReceivable
Inventory (13,945,000)us-gaap_IncreaseDecreaseInInventories (42,117,000)us-gaap_IncreaseDecreaseInInventories
Other assets (94,673,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets 54,547,000us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable trade (26,090,000)us-gaap_IncreaseDecreaseInAccountsPayableTrade (36,546,000)us-gaap_IncreaseDecreaseInAccountsPayableTrade
Accounts payable to related parties 11,819,000us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties 13,572,000us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties
Other liabilities (104,057,000)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (115,695,000)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Total adjustments 269,840,000us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities 113,131,000us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Net cash provided by operating activities 308,865,000us-gaap_NetCashProvidedByUsedInOperatingActivities 382,079,000us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Purchases of short and long-term marketable securities (692,656,000)us-gaap_PaymentsToAcquireInvestments (1,266,899,000)us-gaap_PaymentsToAcquireInvestments
Proceeds from sales of short and long-term marketable securities 1,045,097,000sndk_ProceedsFromSalesOfShortAndLongTermInvestments 1,015,605,000sndk_ProceedsFromSalesOfShortAndLongTermInvestments
Proceeds from maturities of short and long-term marketable securities 99,881,000sndk_ProceedsFromMaturitiesOfShortAndLongTermInvestments 129,620,000sndk_ProceedsFromMaturitiesOfShortAndLongTermInvestments
Acquisition of property and equipment, net (98,287,000)us-gaap_PaymentsToAcquireProductiveAssets (34,517,000)us-gaap_PaymentsToAcquireProductiveAssets
Notes receivable issuances to Flash Ventures (100,499,000)sndk_PaymentsForLongTermLoansForRelatedParties (24,352,000)sndk_PaymentsForLongTermLoansForRelatedParties
Notes receivable proceeds from Flash Ventures 89,693,000sndk_ProceedsFromLongTermLoansForRelatedParties 24,352,000sndk_ProceedsFromLongTermLoansForRelatedParties
Purchased technology and other assets (1,500,000)sndk_PaymentsToOrProceedsFromTechnologyAndOtherAssets (869,000)sndk_PaymentsToOrProceedsFromTechnologyAndOtherAssets
Acquisitions, net of cash acquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired 2,368,000us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Net cash provided by (used in) investing activities 341,729,000us-gaap_NetCashProvidedByUsedInInvestingActivities (154,692,000)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Repayment of debt financing (68,000)us-gaap_ProceedsFromRepaymentsOfNotesPayable 0us-gaap_ProceedsFromRepaymentsOfNotesPayable
Proceeds from employee stock programs 30,844,000us-gaap_ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans 51,882,000us-gaap_ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans
Excess tax benefit from share-based plans 8,865,000us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 17,460,000us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Dividends paid (64,503,000)us-gaap_PaymentsOfDividends (51,560,000)us-gaap_PaymentsOfDividends
Stock repurchases (783,899,000)us-gaap_PaymentsForRepurchaseOfCommonStock (114,452,000)us-gaap_PaymentsForRepurchaseOfCommonStock
Net cash used in financing activities (808,761,000)us-gaap_NetCashProvidedByUsedInFinancingActivities (96,670,000)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of changes in foreign currency exchange rates on cash (896,000)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (25,000)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net increase (decrease) in cash and cash equivalents (159,063,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 130,692,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 809,003,000us-gaap_CashAndCashEquivalentsAtCarryingValue 986,246,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 649,940,000us-gaap_CashAndCashEquivalentsAtCarryingValue 1,116,938,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information:    
Property and equipment, net additions not yet paid in cash $ 136,584,000us-gaap_CapitalExpendituresIncurredButNotYetPaid $ 58,331,000us-gaap_CapitalExpendituresIncurredButNotYetPaid