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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Cash flows from operating activities:    
Net income $ 46,853 $ 29,068
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Amortization of intangibles 13,112 13,824
Depreciation 3,388 2,916
Share-based compensation 6,486 6,119
Provision for inventory valuation 2,197 5,360
Deferred income taxes (5,556) (5,626)
Other, net (691) 611
Changes in operating assets and liabilities, net of effects of business acquired (8,658) 983
Net cash and cash equivalents provided by operating activities 57,131 50,067
Cash flows from investing activities:    
Purchases of marketable securities (207,743) (88,590)
Proceeds from maturities and sales of marketable securities 122,902 109,683
Purchases of property, plant and equipment (6,975) (7,855)
Net cash and cash equivalents used in investing activities (91,816) (13,238)
Cash flows from financing activities:    
Purchases and retirement of common stock 0 (3,197)
Tax payments related to shares withheld for share-based compensation plans (9,088) (6,273)
Issuance of shares through share-based compensation plans 4,015 0
Net cash and cash equivalents used in financing activities (5,073) (9,470)
Effect of exchange rate changes on cash and cash equivalents (2,857) 777
Net increase (decrease) in cash and cash equivalents (42,615) 54,612
Cash and cash equivalents at beginning of period 233,508 175,872
Cash and cash equivalents at end of period 190,893 230,484
Supplemental disclosure of cash flow information:    
Income taxes paid (net of refunds) $ 921 $ 808