XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 27, 2021
Mar. 28, 2020
Cash flows from operating activities:    
Net income (loss) $ 24,113 $ (4,404)
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Amortization of intangibles 12,357 13,732
Depreciation 3,618 3,103
Share-based compensation 4,890 3,955
Acquired inventory step-up amortization 252 9,898
Provision for inventory valuation 2,267 928
Other, net 2,173 (144)
Changes in operating assets and liabilities, net of effects of business acquired 1,329 (18,170)
Net cash and cash equivalents provided by operating activities 50,999 8,898
Cash flows from investing activities:    
Purchases of marketable securities (83,652) (76,460)
Proceeds from sales of marketable securities 53,973 74,857
Purchase of business, net of cash acquired (26,795)  
Purchases of property, plant and equipment (3,875) (997)
Net cash and cash equivalents used in investing activities (60,349) (2,600)
Cash flows from financing activities:    
Purchase of common stock   (33,614)
Tax payments related to shares withheld for share-based compensation plans (2,492) (1,565)
Issuance of shares through share-based compensation plans 3,085 164
Net cash and cash equivalents provided by (used in) financing activities 593 (35,015)
Effect of exchange rate changes on cash and cash equivalents (1,513) (636)
Net decrease in cash and cash equivalents (10,270) (29,353)
Cash and cash equivalents at beginning of period 136,720 130,673
Cash and cash equivalents at end of period 126,450 101,320
Supplemental disclosure of cash flow information:    
Income taxes paid $ 1,799 $ 588