XML 18 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Statement of Cash Flows [Abstract]    
Cash and cash equivalents at beginning of period $ 465,232 $ 616,686
Cash flows from operating activities:    
Net income 218,543 164,609
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 86,605 89,726
Amortization of debt discount and fees 920 792
Stock-based compensation 94,008 79,986
Gain on investments, net (12,502) (4,070)
Gain on sale of property, plant and equipment 0 482
Deferred income taxes 212 8,657
Other non-cash items 3,763 1,869
Changes in operating assets and liabilities, net of effect of acquired businesses:    
Receivables (8,040) 2,873
Inventories 2,282 (16,339)
Prepaid expenses and other (4,627) (12,135)
Other assets (14,469) (3,822)
Accounts payable and accrued liabilities (41,127) (46,585)
Deferred revenue 14,245 (10,823)
Other long-term liabilities 4,071 (6,239)
Net cash provided by operating activities 343,884 248,017
Cash flows from investing activities:    
Purchases of available-for-sale securities 0 (20,525)
Proceeds from the sale of available-for-sale securities 421 55,418
Proceeds from the maturity of available-for-sale securities 0 52,362
Proceeds from the sale of long-term investments 9,108 2,913
Proceeds from the sale of property, plant and equipment 0 482
Purchases of property, plant and equipment (39,676) (42,452)
Cash paid in business combinations and asset acquisitions, net of cash acquired (550) (41,627)
Net cash provided by (used for) investing activities (30,697) 6,571
Cash flows from financing activities:    
Proceeds from term loan 0 300,000
Proceeds from revolving credit facility 50,000 50,000
Payment on revolving credit facility (100,000) 0
Payment of debt issuance costs (793) (622)
Proceeds from issuance of common stock 45,419 50,293
Stock received for payment of employee taxes on vesting of restricted stock (54,130) (35,532)
Payments for repurchases of common stock (50,013) (720,196)
Net cash used for financing activities (109,517) (356,057)
Effect of exchange rate changes on cash and cash equivalents 9,382 9,116
Increase (decrease) in cash and cash equivalents 213,052 (92,353)
Cash and cash equivalents at end of period 678,284 524,333
Supplemental cash flow information:    
Cash paid for interest 14,188 11,238
Cash paid for taxes, net $ 40,021 $ 27,332