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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 25, 2021
Sep. 26, 2020
Cash flows from operating activities:    
Net income $ 95,612 $ 11,111
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Amortization of intangibles 37,674 41,081
Depreciation 11,044 9,834
Share-based compensation 15,107 12,983
Acquired inventory step-up amortization 253 10,172
Provision for inventory valuation 6,262 5,437
Other, net 893 546
Changes in operating assets and liabilities, net of effects of business acquired (40,565) (18,305)
Net cash and cash equivalents provided by operating activities 126,280 72,859
Cash flows from investing activities:    
Purchases of marketable securities (250,486) (250,928)
Proceeds from sales of marketable securities 177,529 201,764
Cash received from convertible note receivable   2,848
Purchase of business, net of cash acquired (26,795)  
Purchases of property, plant and equipment (11,176) (3,391)
Net cash and cash equivalents used in investing activities (110,928) (49,707)
Cash flows from financing activities:    
Purchase of common stock   (52,000)
Tax payments related to shares withheld for share-based compensation plans (6,780) (3,546)
Payment of contingent consideration for acquired business   (435)
Issuance of shares through share-based compensation plans 6,409 2,845
Net cash and cash equivalents used in financing activities (371) (53,136)
Effect of exchange rate changes on cash and cash equivalents 506 917
Net increase (decrease) in cash and cash equivalents 15,487 (29,067)
Cash and cash equivalents at beginning of period 136,720 130,673
Cash and cash equivalents at end of period 152,207 101,606
Supplemental disclosure of cash flow information:    
Income taxes paid (net of refunds) $ 16,524 $ 4,562