XML 45 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Jan. 01, 2011
Jan. 02, 2010
Cash flows from operating activities:      
Net income $ 40,191 $ 25,514 $ 3,330
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 10,312 7,541 8,074
Loss on disposal of property and equipment 599 204 202
Stock based compensation 8,784 8,165 7,562
Deferred income taxes, net 6,154 (4,998) (1,078)
Tax benefit of excess stock based compensation deductions (6,917) (2,622) (2,239)
Non-cash director deferred compensation 162 132 132
Changes in operating assets and liabilities - (use) source      
Accounts receivable (9,282) 1,115 759
Unbilled revenue 1,650 (2,181) 183
Inventory (3,929) 5,246 2,154
Other assets (1,843) (2,082) (816)
Accounts payable 9,717 8,130 11,015
Accrued expenses 1,421 1,495 3,385
Accrued compensation 52 4,302 7,132
Deferred revenue (2,007) (374) 1,276
Long term liabilities 671 (430) (430)
Net cash provided by operating activities 55,735 49,157 40,641
Cash flows from investing activities:      
Additions of property and equipment (13,011) (12,597) (5,038)
Purchase of Nekton Research, LLC, net of cash received     (2,500)
Purchases of investments (9,189) (30,461) (5,000)
Sales of investments 5,000 21,500 0
Net cash used in investing activities (17,200) (21,558) (12,538)
Cash flows from financing activities:      
Income tax withholding payment associated with restricted stock vesting (928) (284) (76)
Proceeds from stock option exercises 13,401 6,590 738
Tax benefit of excess stock-based compensation deductions 6,917 2,622 2,239
Net cash provided by financing activities 19,390 8,928 2,901
Net increase in cash and cash equivalents 57,925 36,527 31,004
Cash and cash equivalents, at beginning of period 108,383 71,856 40,852
Cash and cash equivalents, at end of period 166,308 108,383 71,856
Supplemental disclosure of cash flow information:      
Cash paid for income taxes $ 8,046 $ 17,807 $ 1,127