XML 16 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jan. 01, 2021
Dec. 27, 2019
Cash flows from operating activities:    
Net income $ 28,484 $ 34,923
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 26,281 23,928
Stock-based compensation expense 14,454 12,190
(Benefit) provision for deferred income taxes (3,773) 593
Other non-cash items 2,217 1,255
Changes in operating assets and liabilities, net of effects of businesses acquired:    
Accounts receivable, unbilled receivable, and cost in excess of billings (6,802) (13,512)
Inventory (29,121) (5,371)
Prepaid income taxes 1,809 (5,356)
Prepaid expenses and other current assets 1,052 1,137
Other non-current assets 698 (63)
Accounts payable, accrued expenses, and accrued compensation (1,924) (425)
Deferred revenues and customer advances 13,719 6,650
Income taxes payable (131) (2,803)
Other non-current liabilities (95) 3,230
Net cash provided by operating activities 46,868 56,376
Cash flows from investing activities:    
Acquisition of business, net of cash acquired (243,637) (96,502)
Purchases of property and equipment (24,753) (20,919)
Proceeds from sale of investment 1,538 0
Net cash used in investing activities (266,852) (117,421)
Cash flows from financing activities:    
Proceeds from employee stock plans 3,188 3
Proceeds from issuance of debt 160,000 0
Purchase and retirement of common stock (66) (14,937)
Net cash provided by (used in) financing activities 163,122 (14,934)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 763 84
Net decrease in cash, cash equivalents and restricted cash (56,099) (75,895)
Cash, cash equivalents and restricted cash at beginning of period 226,838 257,932
Cash, cash equivalents and restricted cash at end of period 170,739 182,037
Cash paid during the period for:    
Interest 0 0
Income taxes 7,942 10,454
Noncash or Part Noncash Acquisition, Investments Acquired $ 427 $ 0