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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 27, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 3,020 $ 13,102
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Amortization of intangibles 27,435 774
Depreciation 6,240 2,363
Share-based compensation 8,730 3,836
Acquired inventory step-up amortization 10,173  
Provision for doubtful accounts and inventory valuation 3,108 1,003
Other, net 1,102 (222)
Changes in operating assets and liabilities (12,937) (11,066)
Net cash and cash equivalents provided by operating activities 46,871 9,790
Cash flows from investing activities:    
Purchases of marketable securities (140,364) (38,227)
Proceeds from sales of marketable securities 147,473 33,186
Cash received from convertible note receivable 2,848  
Purchases of property, plant and equipment (2,609) (2,654)
Net cash and cash equivalents provided by (used in) investing activities 7,348 (7,695)
Cash flows from financing activities:    
Purchase of common stock (52,000) (744)
Tax payments related to shares withheld for share-based compensation plans (3,279) (749)
Payment of contingent consideration for acquired business (435) (1,121)
Issuance of shares through share-based compensation plans 179 160
Net cash and cash equivalents used in financing activities (55,535) (2,454)
Effect of exchange rate changes on cash and cash equivalents 31 (71)
Net decrease in cash and cash equivalents (1,285) (430)
Cash and cash equivalents at beginning of period 130,673 112,388
Cash and cash equivalents at end of period 129,388 111,958
Supplemental disclosure of cash flow information:    
Income taxes paid $ 3,463 $ 209