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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Cash flows from operating activities:    
Net income $ 740,948 $ 458,625
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of software 93,507 92,816
Amortization - others 54,332 47,508
Stock-based compensation 210,771 175,153
Deferred income taxes (59,050) (18,519)
Others (29,793) 3,699
Changes in assets and liabilities:    
Accounts receivable, net (154,181) 3,423
Inventories (19,985) 4,232
Prepaid expenses and other current assets (2,157) (4,665)
Other assets (42,837) (48,258)
Accounts payable 17,482 6,381
Accrued liabilities 50,575 110,836
Income taxes payable 14,665 21,960
Net cash provided by operating activities 874,277 853,191
Cash flows from investing activities:    
Purchases of available-for-sale securities (3,384,444) (4,278,552)
Proceeds from sale and maturity of available-for-sale and equity securities 3,242,629 2,493,984
Purchases of property, plant and equipment and software (43,574) (36,801)
Acquisition of business, net of cash acquired (30,533) (7,103)
Other investing activities 26,743 (16,109)
Net cash used in investing activities (189,179) (1,844,581)
Cash flows from financing activities:    
Repurchases of common stock 0 (53,682)
Taxes paid related to net share settlements of restricted stock units (97,767) (57,987)
Proceeds from issuance of common stock through various stock plans 34,472 20,116
Payment of dividends to stockholders (91,716) (278,674)
Proceeds from issuance of long-term debt, net 0 744,427
Other financing activities (30,071) (34,947)
Net cash (used in) provided by financing activities (185,082) 339,253
Net increase (decrease) in cash and cash equivalents 500,016 (652,137)
Cash and cash equivalents at beginning of period 1,438,528 1,777,703
Cash and cash equivalents at end of period 1,938,544 1,125,566
Supplemental disclosure of cash flow information:    
Interest paid 39,938 41,852
Income taxes paid, net $ 90,298 $ 72,414