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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Document Period End Date Dec. 28, 2019  
Other Operating Activities, Cash Flow Statement $ (5,961) $ (636)
Cash flows from operating activities:    
Net income 286,206 329,315
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 48,738 42,153
Depreciation and amortization 48,008 57,994
Deferred taxes (2,231) (8,206)
Gain (Loss) on Disposition of Property Plant Equipment 489 2,896
Changes in assets and liabilities:    
Accounts receivable 16,421 19,798
Inventories 22,583 3,497
Other assets (55,820) (6,587)
Accounts payable 4,844 2,401
Income taxes payable (31,133) 33,261
Accrued salary and related expenses (23,965) (45,783)
Other liabilities 58,634 60
Net cash provided by (used in) operating activities 378,735 431,435
Cash flows from investing activities:    
Purchases of property, plant and equipment (34,301) (30,913)
Proceeds from sale of property, plant and equipment 171 2
Proceeds from sale of available-for-sale securities 0 27,253
Proceeds from maturity of available-for-sale securities 78,067 718,554
Payment in connection with business acquisition, net of cash acquired 0 (2,949)
Purchases of available-for-sale securities 0 (214,587)
Purchases of private company investments 0 (906)
Other investing activities (68) 0
Net cash provided by (used in) investing activities 43,869 496,454
Cash flows from financing activities:    
Repayment of debt 0 (500,000)
Contingent consideration paid (8,000) (8,000)
Payments of Stock Issuance Costs (17,566) (13,444)
Proceeds from stock options exercised 8,820 13,843
Issuance of common stock under employee stock purchase program 18,535 17,689
Repurchase of common stock (201,509) (320,056)
Payments of Dividends (260,032) (254,665)
Net cash provided by (used in) financing activities (459,752) (1,064,633)
Net increase (decrease) in cash and cash equivalents (37,148) (136,744)
Cash and cash equivalents:    
Beginning of period 1,757,342 1,543,484
End of period 1,720,194 1,406,740
Cash paid (refunded), net during the period for income taxes 63,692 60,946
Interest Paid, Excluding Capitalized Interest, Operating Activities   23,313
Noncash investing and financing activities:    
Accounts payable related to property, plant, and equipment purchases $ 12,360 $ 14,660