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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Statement of Cash Flows [Abstract]    
Cash and cash equivalents at beginning of period $ 882,325 $ 1,088,940
Cash flows from operating activities:    
Net income 717,245 608,560
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 106,783 98,178
Amortization of debt discount and fees 942 810
Stock-based compensation 238,928 197,190
(Gain) loss on investments, net (12,732) 4,777
Deferred income taxes (23,506) (49,834)
Provisions for losses on receivables 1,692 471
ROU asset amortization and change in operating lease liabilities (2,684) (883)
Other non-cash items 1,962 158
Changes in operating assets and liabilities, net of effect of acquired businesses:    
Receivables 50,024 (57,309)
Inventories (47,293) (8,020)
Prepaid expenses and other 33,307 30,596
Other assets (26,580) 17,644
Accounts payable and accrued liabilities 43,111 24,514
Deferred revenue (14,628) 113,712
Other long-term liabilities 10,514 (2,305)
Net cash provided by operating activities 1,077,085 978,259
Cash flows from investing activities:    
Purchases of investments (145,150) (1,000)
Proceeds from the sale and maturity of investments 64,174 0
Purchases of property, plant and equipment (68,634) (86,295)
Purchases of intangible assets 0 (1,000)
Cash paid in business combinations, net of cash acquired (163,963) (586,163)
Net cash used for investing activities (313,573) (674,458)
Cash flows from financing activities:    
Proceeds from term loan 0 300,000
Proceeds from revolving credit facility 50,000 450,000
Payments on revolving credit facility (150,000) (300,000)
Payment of debt issuance costs 0 (425)
Proceeds from issuance of common stock 131,341 103,682
Stock received for payment of employee taxes on vesting of restricted stock (122,182) (103,093)
Payments for repurchases of common stock (575,127) (750,062)
Net cash used for financing activities (665,968) (299,898)
Effect of exchange rate changes on cash and cash equivalents (17,887) (66,792)
Increase (decrease) in cash and cash equivalents 79,657 (62,889)
Cash and cash equivalents at end of period 961,982 1,026,051
Supplemental cash flow information:    
Cash paid for interest 22,226 8,508
Cash paid for income taxes, net $ 104,721 $ 148,151