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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Operating Activities    
Net Income $ 26,405 $ 15,426
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation of property and equipment 3,704 3,596
Amortization of other intangible assets and other assets 6,427 6,752
Amortization of debt discount and debt issuance costs 3,169 869
Stock-based compensation expense 12,192 10,486
Deferred income taxes (4,780) (4,059)
Changes in operating assets and liabilities:    
Accounts receivable (3,307) (1,252)
Inventories (3,368) (1,636)
Prepaid expenses and other assets (17,169) 6,708
Accounts payable 13,030 5,565
Other current liabilities and income taxes (9,463) (2,944)
Deferred income, deferred revenue and returns liability (2,599) 4,038
Other non-current liabilities (1,849) (1,536)
Net cash provided by operating activities 22,212 42,013
Investing Activities    
Purchases of available-for-sale investments (52,821) (267,777)
Sales and maturities of available-for-sale investments 128,975 25,595
Purchases of property and equipment (4,102) (4,543)
Purchases of other assets (4,698) (1,446)
Acquisitions of business, net of cash acquired   (13,658)
Net cash provided by (used in) investing activities 67,354 (261,829)
Financing Activities    
Proceeds from issuance of long-term debt, net   390,000
Payments on debt   (72,500)
Payment of taxes withheld for vested stock awards (17,871) (13,553)
Proceeds from the issuance of common stock 1,211 162
Net cash provided by (used in) financing activities (16,660) 304,109
Increase in cash and cash equivalents 72,906 84,293
Cash and cash equivalents at beginning of period 269,366 141,106
Cash and cash equivalents at end of period $ 342,272 $ 225,399