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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 02, 2021
Dec. 28, 2019
Dec. 29, 2018
Operating Activities      
Net income $ 12,531 $ 19,265 $ 83,591
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation of property and equipment 17,780 16,883 15,912
Amortization of other intangible assets and other assets 44,733 39,584 44,102
Amortization of debt discount and debt issuance costs 21,433 13,485 12,892
Loss on extinguishment of convertible debt 4,060    
Stock-based compensation expense 60,091 54,799 50,077
Deferred income taxes (6,533) 23,048 (8,210)
Changes in operating assets and liabilities:      
Accounts receivable (17,612) (2,401) 3,931
Inventories 10,748 2,171 7,660
Prepaid expenses and other assets (51,839) 8,965 (4,960)
Accounts payable 15,263 7,830 5,952
Other current liabilities and income taxes 3,257 (6,826) (21,828)
Deferred revenue and returns liability (6,694) (3,243) (6,202)
Other non-current liabilities 28,500 (7,038) (9,375)
Net cash provided by operating activities 135,718 166,522 173,542
Investing Activities      
Purchases of available-for-sale investments (519,567) (424,524) (395,904)
Sales and maturities of available-for-sale investments 497,357 344,937 474,129
Purchases of property and equipment (20,422) (16,279) (24,462)
Purchases of other assets (1,570) (8,396) (11,063)
Acquisitions of businesses, net of cash acquired (316,809) (2,510) (239,729)
Net cash used in investing activities (361,011) (106,772) (197,029)
Financing Activities      
Proceeds from issuance of debt 845,000    
Payments on debt (624,737) (1,132)  
Repurchases of common stock (16,287) (26,716) (39,276)
Payment of taxes withheld for vested stock awards (18,124) (16,295) (19,483)
Proceeds from the issuance of common stock 15,015 14,496 13,303
Payment of acquisition-related contingent consideration     (3,380)
Net cash provided by (used in) financing activities 200,867 (29,647) (48,836)
Increase (decrease) in cash and cash equivalents (24,426) 30,103 (72,323)
Cash and cash equivalents at beginning of period 227,146 197,043 269,366
Cash and cash equivalents at end of period 202,720 227,146 197,043
Supplemental Disclosure of Cash Flow Information:      
Interest paid 8,662 6,367 6,227
Income taxes paid $ 7,217 $ 10,291 $ 20,599