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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Oct. 02, 2020
Sep. 27, 2019
Cash flows from operating activities:    
Net income $ 15,798 $ 19,247
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 12,997 11,381
Stock-based compensation expense 7,184 5,659
(Benefit) provision for deferred income taxes (2,921) 238
Other non-cash items 268 548
Changes in operating assets and liabilities, net of effects of businesses acquired:    
Accounts receivable, unbilled receivable, and cost in excess of billings 3,496 2,230
Inventory (27,768) 298
Prepaid income taxes (2,268) (3,087)
Prepaid expenses and other current assets (2,268) (877)
Other non-current assets (1,561) (64)
Accounts payable, accrued expenses, and accrued compensation 10,803 (6,275)
Deferred revenues and customer advances 7,598 (826)
Income taxes payable (52) (2,972)
Other non-current liabilities 1,623 (1,190)
Net cash provided by operating activities 22,929 24,310
Cash flows from investing activities:    
Purchases of property and equipment (10,978) (9,595)
Acquisition of business, net of cash acquired 0 (96,502)
Net cash used in investing activities (10,978) (106,097)
Cash flows from financing activities:    
Proceeds from employee stock plans 2 3
Purchase and retirement of common stock (66) (14,562)
Net cash used in financing activities (64) (14,559)
Effect of exchange rate changes on cash and cash equivalents 397 (287)
Net increase (decrease) in cash and cash equivalents 12,284 (96,633)
Cash and cash equivalents at beginning of period 226,838 257,932
Cash and cash equivalents at end of period 239,122 161,299
Cash paid during the period for:    
Interest 0 0
Income taxes 6,950 3,647
Noncash or Part Noncash Acquisition, Investments Acquired $ 1,369 $ 0