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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 62,727 $ 100,836
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 17,498 18,626
Amortization of intangible assets 5,827 6,229
Loss (gain) on investments 11,823 (11,357)
Share-based compensation expense 21,511 23,690
Deferred income taxes 2,962 265
Other 24 (124)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable, net 65,390 (44,572)
Inventories 110,440 (324)
Other assets 34,342 4,932
Accounts payable (18,420) (70,034)
Accrued and other liabilities (74,329) (63,835)
Net cash provided by (used in) operating activities 239,795 (35,668)
Cash flows from investing activities:    
Purchases of property, plant and equipment (16,238) (19,563)
Investment in privately held companies (34) (2,088)
Acquisitions, net of cash acquired 0 (5,839)
Purchases of deferred compensation investments (1,069) (922)
Proceeds from sales of deferred compensation investments 1,071 943
Other investing activities (1,260) 0
Net cash used in investing activities (17,530) (27,469)
Cash flows from financing activities:    
Purchases of registered shares (95,076) (120,619)
Proceeds from exercises of stock options and purchase rights 2,113 0
Tax withholdings related to net share settlements of restricted stock units (24,196) (24,144)
Net cash used in financing activities (117,159) (144,763)
Effect of exchange rate changes on cash and cash equivalents (3,043) (14,159)
Net increase (decrease) in cash and cash equivalents 102,063 (222,059)
Cash and cash equivalents, beginning of the period 1,149,023 1,328,716
Cash and cash equivalents, end of the period 1,251,086 1,106,657
Non-cash investing and financing activities:    
Property, plant and equipment purchased during the period and included in period end liability accounts 15,375 14,069
Non-cash contingent consideration for acquisition 0 1,151
Right-of-use assets obtained in exchange for operating lease liabilities 1,399 0
Supplemental cash flow information:    
Income taxes paid, net $ 10,019 $ 32,901