XML 74 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:    
Net income $ 256,069 $ 293,422
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 75,170 80,153
Deferred income taxes 7,185 17,380
Share-based compensation expense related to equity incentive plans 28,470 27,785
Excess tax benefit from share-based compensation (441) (1,240)
Convertible debt derivatives - revaluation and amortization 427 (192)
Amortization of convertible debenture issuance costs 165 165
Amortization of debt discount on convertible debentures 5,580 5,101
Losses (gains) on equity method investments 60 (185)
Gain on sale of assets (212) (89)
Unrealized impairment loss on available-for-sale investments 3,213 1,263
Special income (1,000) 0
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable 31,925 (3,016)
Increase in inventories (36,297) (20,779)
(Decrease) increase in deferred income on shipments to distributors (24,258) 41,422
Decrease in accounts payable and accrued liabilities (67,198) (19,279)
Change in other assets and liabilities 15,140 8,213
Net cash provided by operating activities 293,998 430,124
Cash flows from investing activities:    
Purchases of available-for-sale investments (962,119) (859,307)
Sales and maturities of available-for-sale investments 793,238 838,995
Purchase of Silicon Storage Technology, Inc, net of cash received 0 (112,707)
Investment in other assets (6,878) (14,843)
Proceeds from sale of assets 212 30,559
Capital expenditures (58,582) (100,114)
Net cash used in investing activities (234,129) (217,417)
Cash flows from financing activities:    
Payment of cash dividend (198,919) (256,808)
Proceeds from sale of common stock 40,410 51,347
Excess tax benefit from share-based compensation 441 1,240
Net cash used in financing activities (158,068) (204,221)
Net (decrease) increase in cash and cash equivalents (98,199) 8,486
Cash and cash equivalents at beginning of period 703,924 492,130
Cash and cash equivalents at end of period $ 605,725 $ 500,616