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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Operating Activities    
Net income $ 23,928 $ 27,997
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation of property and equipment 9,293 9,512
Amortization of other intangible assets and other assets 21,686 13,090
Stock-based compensation expense 30,798 28,173
Income tax benefit from stock-based awards 1,727 413
Excess income tax benefit from stock-based awards (2,118) (654)
Deferred income taxes 1,571 3,894
Changes in operating assets and liabilities:    
Accounts receivable 12,097 769
Inventories 2,259 (1,591)
Prepaid expenses and other assets 8,409 12,627
Accounts payable (5,686) 5,074
Accrued expenses (280) 28,756
Deferred income on shipments to distributors (2,825) 6,215
Income taxes (3,413) (4,898)
Other non-current liabilities (10,031) (21,790)
Net cash provided by operating activities 87,415 107,587
Investing Activities    
Purchases of available-for-sale investments (55,433) (137,373)
Proceeds from sales and maturities of available-for-sale investments 136,262 100,009
Purchases of property and equipment (7,281) (5,500)
Purchases of other assets (5,291) (3,339)
Acquisition of business, net of cash acquired (76,899)  
Net cash used in investing activities (8,642) (46,203)
Financing Activities    
Proceeds from issuance of common stock, net of cash paid for withheld taxes (77) 8,559
Excess income tax benefit from stock-based awards 2,118 654
Repurchases of common stock (71,448) (50,942)
Payment of acquisition-related contingent consideration (4,464)  
Proceeds from issuance of long-term debt, net 81,238  
Payments on debt (92,206) (3,750)
Net cash used in financing activities (84,839) (45,479)
Increase (decrease) in cash and cash equivalents (6,066) 15,905
Cash and cash equivalents at beginning of period 141,706 95,800
Cash and cash equivalents at end of period $ 135,640 $ 111,705