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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 546,995 $ 224,139
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,960 23,313
Share-based compensation expense 162,886 157,730
Gain on sale of intangible asset (350,000)  
Amortization of debt discount and debt issue costs 5,508 9,968
Amortization of discount or premium on investments 1,866 4,195
Other (1,528) 1,478
Excess tax benefits from share-based compensation (31,379) (23,183)
Changes in operating assets and liabilities:    
Accounts receivable (17,356) (13,324)
Inventories (7,784) (16,870)
Accounts payable and accrued expenses 25,825 35,855
Other assets and liabilities (2,747) (138,647)
Net cash provided by operating activities 357,246 264,654
Cash flows from investing activities:    
Purchases of property, plant and equipment (18,256) (45,157)
Purchases of held-to-maturity investments (62,781) (115,170)
Maturities of held-to-maturity investments 232,424 491,833
Gain on sale of intangible asset 350,000  
Purchase of investments under the cost method, net (54,217) (45,000)
Net cash provided by investing activities 447,170 286,506
Cash flows from financing activities:    
Principal payments of debt (107,116)  
Payments to repurchase common stock (394,484) (403,158)
Proceeds from line of credit   140,000
Payments on the line of credit   (140,000)
Proceeds from the exercise of stock options 33,019 39,391
Issuance of stock under employee stock purchase plan 3,954 3,329
Excess tax benefits from share-based compensation 31,379 23,183
Net cash used in financing activities (433,248) (337,255)
Effect of exchange rate changes on cash and cash equivalents (3,660) (872)
Net increase in cash and cash equivalents 367,508 213,033
Cash and cash equivalents, beginning of period 397,697 284,258
Cash and cash equivalents, end of period 765,205 497,291
Supplemental schedule of cash flow information:    
Cash paid for interest 957 4,743
Cash paid for income taxes 116,906 177,683
Non-cash investing activities and financing activities:    
Non-cash additions to property, plant and equipment 2,428 $ 3,298
Issuance of common stock upon conversion of convertible notes $ 270,573