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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Jan. 01, 2022
Jan. 01, 2022
Dec. 26, 2020
Dec. 31, 2019
Cash flows from operating activities:          
Net income $ 223,334 $ 142,350   $ 31,025  
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:          
Depreciation 9,378 14,435   13,832  
Amortization of intangibles 55,284 51,366 $ 51,366 53,746  
Share-based compensation 24,426 19,542   17,662  
Research and Development Asset Acquired Other than Through Business Combination, Written-off 5,652 0   0  
Acquired inventory step-up amortization 0 393   10,678  
Provision for inventory valuation 9,313 8,175   14,703  
Deferred income taxes (33,601) (12,618)   (11,631)  
Other, net (563) 2,267   4,711  
Change in operating assets and liabilities net of assets acquired and liabilities assumed in merger and acquisition:          
Accounts receivable (65,140) (27,829)   (25,816)  
Income taxes (5,006) 1,307   1,196  
Inventories (93,905) (57,175)   (42,409)  
Prepaid expenses and other assets (4,954) (768)   11,409  
Accounts payable 1,181 12,142   (11,403)  
Accrued and other liabilities 11,304 21,694   (17,867)  
Net cash and cash equivalents provided by operating activities 136,703 175,281   105,984  
Cash flows from investing activities:          
Purchases of marketable securities (371,287) (361,022)   (313,027)  
Proceeds from maturities and sales of marketable securities 338,645 255,063   265,409  
Purchases of property, plant and equipment (18,405) (12,039)   (3,829)  
Purchase of business, net of cash acquired (4,644) (23,795)   0  
Cash received from convertible note receivable 0   0 2,848  
Net cash and cash equivalents provided by (used in) investing activities (55,691) (141,793)   48,599  
Cash flows from financing activities:          
Purchases of common stock (65,257)   0 (52,000)  
Tax payments related to shares withheld for share-based compensation plans (8,874) (7,403)   (4,052)  
Payment of contingent consideration for acquired business (2,287) 0   (569)  
Issuance of shares through share-based compensation plans 8,068 10,073   2,919  
Net cash and cash equivalents provided by (used in) financing activities (68,350) 2,670   (53,702)  
Effect of exchange rate changes on cash and cash equivalents (6,391) (3,276)   2,364  
Net increase in cash and cash equivalents 6,270 32,882   6,047  
Cash and cash equivalents at beginning of year 169,602 136,720   130,673  
Cash and cash equivalents at end of year 175,872 169,602 $ 169,602 $ 136,720 $ 130,673
Supplemental disclosure of cash flow information:          
Income taxes paid (received), net $ 58,687 $ 23,766     $ (6,415)