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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2016
Jul. 04, 2015
Operating Activities    
Net income $ 21,367 $ 13,953
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation of property and equipment 6,675 6,029
Amortization of other intangible assets and other assets 15,534 14,697
Stock-based compensation expense 20,861 21,576
Income tax benefit (shortfall) from stock-based awards (1,127) 2,781
Excess income tax benefit from stock-based awards (91) (2,056)
Deferred income taxes 817 3,892
Changes in operating assets and liabilities:    
Accounts receivable 1,611 1,724
Inventories (2,888) (6,534)
Prepaid expenses and other assets 3,282 452
Accounts payable (1,680) (3,359)
Accrued expenses 4,372 (1,027)
Deferred income on shipments to distributors 3,773 (2,132)
Income taxes (1,338) (7,171)
Other non-current liabilities (10,737) (5,622)
Net cash provided by operating activities 60,431 37,203
Investing Activities    
Purchases of available-for-sale investments (92,222) (46,908)
Sales and maturities of available-for-sale investments 78,950 92,759
Purchases of property and equipment (5,146) (4,714)
Purchases of other assets (2,215) (1,871)
Acquisition of business, net of cash acquired   (76,899)
Net cash used in investing activities (20,633) (37,633)
Financing Activities    
Payments on debt (5,000) (5,083)
Repurchases of common stock (36,103) (10,418)
Payment of taxes withheld for vested stock awards (9,399) (10,783)
Proceeds from the issuance of common stock 7,362 12,467
Excess income tax benefit from stock-based awards 91 2,056
Payment of acquisition-related contingent consideration (9,500) (4,464)
Net cash used in financing activities (52,549) (16,225)
Decrease in cash and cash equivalents (12,751) (16,655)
Cash and cash equivalents at beginning of period 114,085 141,706
Cash and cash equivalents at end of period $ 101,334 $ 125,051