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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 160,338 $ 180,261 $ 404,169
Adjustments to reconcile net income to net cash (used) provided by operating activities:      
Depreciation and amortization 94,554 96,268 80,271
Deferred income taxes (12,813) (15,489) (4,576)
Stock-based compensation 35,472 33,363 28,027
Goodwill impairment 44,589 37,120 0
Impairment of long-lived assets 671 5,350 0
Unrealized losses (gains) on foreign currency transactions (19,935) 11,004 (2,670)
Other 8,642 3,320 (3,586)
Provisions for inventory, warranty and bad debt 70,572 63,752 38,862
Changes in assets and liabilities that (used) provided cash, net of acquisitions:      
Accounts receivable (13,022) 9,776 (18,814)
Inventories (39,900) (28,105) (135,440)
Prepaid expenses and other current assets (3,802) 18,405 (7,062)
Accounts payable (1,942) (10,257) (1,426)
Accrued expenses and other liabilities (14,752) (37,310) (19,666)
Income and other taxes payable (23,337) (43,937) 35,212
Net cash provided by operating activities 285,335 323,521 393,301
Cash flows from investing activities:      
Purchases of property, plant and equipment (87,696) (133,536) (160,343)
Proceeds from sales of property, plant and equipment 889 661 1,026
Proceeds from short-term investments 1,099,224 768,078 470,328
Purchases of short and long-term investments (1,111,555) (760,300) (765,310)
Acquisitions of businesses, net of cash acquired (429) (15,115) (109,115)
Other (7) 237 415
Net cash used in investing activities (99,574) (139,975) (562,999)
Cash flows from financing activities:      
Proceeds from line-of-credit facilities 0 15 255
Payments on line-of-credit facilities 0 (15) (255)
Principal payments on long-term borrowings (3,740) (3,671) (3,604)
Proceeds from issuance of common stock under employee stock option and purchase plans less payments for taxes related to net share settlement of equity awards 33,194 7,336 12,183
Cash contributed by non-controlling interest 0 0 839
Purchase of treasury stock, at cost (37,884) (40,732) (176,065)
Payment of purchase price holdback from business combination (1,650) 0 0
Net cash used in financing activities (10,080) (37,067) (166,647)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash 19,888 (7,853) (29,197)
Net increase (decrease) in cash, cash equivalents and restricted cash 195,569 138,626 (365,542)
Cash, cash equivalents and restricted cash — Beginning of year 682,984 544,358 909,900
Cash, cash equivalents and restricted cash — End of year (Note 1) 878,553 682,984 544,358
Supplemental disclosure of cash flow information:      
Cash paid for interest 2,234 2,683 3,052
Cash paid for income taxes 85,861 116,951 112,762
Non-cash transactions:      
Demonstration units transferred from inventory to other assets 8,117 10,367 6,270
Property, plant and equipment transferred from inventory 4,243 7,659 2,535
Changes in accounts payable related to property, plant and equipment (75) 1,304 (2,852)
Leased assets obtained in exchange for new operating lease liabilities $ 4,035 $ 14,670 $ 0