XML 47 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Dec. 28, 2014
Dec. 29, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 318,021us-gaap_NetIncomeLoss $ 234,498us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 137,421us-gaap_DepreciationAndAmortization 147,883us-gaap_DepreciationAndAmortization
Deferred income taxes 6,506us-gaap_DeferredIncomeTaxExpenseBenefit 12,457us-gaap_DeferredIncomeTaxExpenseBenefit
Impairment of long-lived asset   7,632us-gaap_AssetImpairmentCharges
Equity-based compensation expense 62,672us-gaap_ShareBasedCompensation 46,281us-gaap_ShareBasedCompensation
Income tax benefit on equity-based compensation plans 11,002lrcx_DeferredIncomeTaxExpenseBenefitShareBasedCompensation  
Excess tax benefit on equity-based compensation plans (11,003)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities  
Gain on sale of business (7,431)us-gaap_GainLossOnSaleOfBusiness  
Amortization of convertible note discount 17,118us-gaap_AmortizationOfDebtDiscountPremium 16,339us-gaap_AmortizationOfDebtDiscountPremium
Other, net 7,133us-gaap_OtherNoncashIncomeExpense 1,687us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities (239,039)us-gaap_IncreaseDecreaseInOperatingCapital (285,829)us-gaap_IncreaseDecreaseInOperatingCapital
Net cash provided by operating activities 302,400us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 180,948us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (103,234)us-gaap_PaymentsToAcquireProductiveAssets (62,101)us-gaap_PaymentsToAcquireProductiveAssets
Cash paid for business acquisition (1,137)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (18,388)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Purchases of available-for-sale securities (1,063,863)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (459,290)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Sales and maturities of available-for-sale securities 751,918us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities 413,103us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
Repayment of notes receivable 3,978us-gaap_ProceedsFromSaleAndCollectionOfNotesReceivable 10,000us-gaap_ProceedsFromSaleAndCollectionOfNotesReceivable
Proceeds from sale of assets   21,635us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Proceeds from sale of business 41,212us-gaap_ProceedsFromDivestitureOfBusinesses  
Transfer of restricted cash and investments 122us-gaap_IncreaseDecreaseInRestrictedCash 150us-gaap_IncreaseDecreaseInRestrictedCash
Net cash used for investing activities (371,004)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (94,891)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on long-term debt and capital lease obligations (781)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities (807)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities
Excess tax benefit on equity-based compensation plans 11,003us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities  
Treasury stock purchases (373,958)us-gaap_PaymentsForRepurchaseOfCommonStock (152,195)us-gaap_PaymentsForRepurchaseOfCommonStock
Dividends paid (58,621)us-gaap_PaymentsOfDividends  
Reissuances of treasury stock related to employee stock purchase plan 16,919us-gaap_ProceedsFromSaleOfTreasuryStock 15,119us-gaap_ProceedsFromSaleOfTreasuryStock
Proceeds from issuance of common stock 8,832us-gaap_ProceedsFromIssuanceOfCommonStock 21,023us-gaap_ProceedsFromIssuanceOfCommonStock
Net cash used for financing activities (396,606)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (116,860)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of exchange rate changes on cash (6,192)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 885us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net decrease in cash and cash equivalents (471,402)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (29,918)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 1,452,677us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 1,162,473us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period $ 981,275us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,132,555us-gaap_CashAndCashEquivalentsAtCarryingValue
[1] Derived from audited financial statements