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Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Dec. 29, 2018
USD ($)
Dec. 30, 2017
USD ($)
Dec. 31, 2016
USD ($)
Cash flows from operating activities:      
Net income (loss) attributable to Cohu $ (32,181) $ 32,843 $ 3,039
Net loss from noncontrolling interest (243)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Loss on disposal of microwave equipment segment 278 221
Total depreciation and amortization for reportable segments 26,047 9,195 10,412
Share-based compensation expense including restructuring charges 18,279 7,007 7,143
Amortization of inventory step-up and inventory related charges 24,179 1,404
Accrued retiree benefits (560) 322 672
Deferred income taxes (8,207) (3,791) (1,065)
Adjustment to contingent consideration liability 657 1,423
Changes in other assets (2,961) 1,501 415
(Gain) loss on disposal and impairment of fixed assets 293 (42) 31
Changes in other accrued liabilities 198 979 162
Changes in current assets and liabilities, excluding effects from acquisitions and divestitures:      
Accounts receivable 5,785 (3,259) (4,617)
Inventories 2,043 (12,196) 4,608
Accrued compensation, warranty and other liabilities 3,985 937 (1,544)
Accounts payable (7,103) 4,157 5,678
Deferred profit 37 (442) 3,309
Other current assets 148 952 (1,959)
Income taxes payable 4,041 (1,518) (1,957)
Net cash provided by operating activities 34,437 39,750 24,548
Cash flows from investing activities, excluding effects from acquisitions and divestitures:      
Net cash received from sale of land, facility and assets 1,005 104 874
Purchases of property, plant and equipment (4,967) (6,093) (3,452)
Purchases of short-term investments (38,700) (37,010) (50,568)
Sales and maturities of short-term investments 59,469 47,671 20,230
Net cash used in investing activities (322,308) (7,044) (32,916)
Cash flows from financing activities:      
Proceeds from Term Loan B 348,250
Payment of debt issuance costs (7,072)
Cash dividends paid (6,949) (6,577) (6,351)
Repayments of long-term debt (2,323) (1,631)
Issuance (repurchases) of common stock, net including restricted stock units vested and settled with cash to satisfy tax liabilities (8,978) 10,353 (356)
Payment of contingent consideration (823)
Net cash provided by (used in) financing activities 322,105 2,145 (6,707)
Effect of exchange rate changes on cash and cash equivalents (3,599) 3,390 (4,250)
Net increase (decrease) in cash and cash equivalents 30,635 38,241 (19,325)
Cash and cash equivalents at beginning of year 134,286 96,045 115,370
Cash and cash equivalents at end of year including cash from discontinued operations 164,921 134,286 96,045
Cash held by discontinued operations (Note 12) (461)
Supplemental disclosure of cash flow information:      
Cash paid during the year for income taxes 6,243 7,094 6,808
Cash paid for interest 4,977
Dividends declared but not yet paid 2,445 1,705 1,606
Property, plant and equipment purchases included in accounts payable 599 260 445
Inventory capitalized as capital assets 857 190 201
Capitalized cloud computing costs included in accounts payable 829
Xcerra [Member]      
Cash flows from investing activities, excluding effects from acquisitions and divestitures:      
Payment for purchase of business, net of cash received (339,115)
Kita Manufacturing Co. LTD. and Kita USA, Inc. [Member]      
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Adjustment to contingent consideration liability 657 1,423  
Cash flows from investing activities, excluding effects from acquisitions and divestitures:      
Payment for purchase of business, net of cash received $ (11,716)