XML 54 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 57,526 $ 178,580
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 76,456 50,528
Deferred income taxes (9,425) 7,086
Share-based compensation expense related to equity incentive plans 24,593 18,508
Excess tax benefit from share-based compensation (112) (402)
Convertible debt derivatives - revaluation and amortization 589 366
Amortization of convertible debenture issuance costs 109 110
Amortization of debt discount on convertible debentures 4,017 3,671
Losses on equity method investments 153 74
Gain on sale of assets (16) (48)
Unrealized impairment loss on available-for-sale investments 334 3,009
Changes In Operating Assets And Liabilities    
(Increase) decrease in accounts receivable (116) 38,793
Decrease (increase) in inventories 22,334 (30,074)
Increase in deferred income on shipments to distributors 3,037 4,141
Decrease in accounts payable and accrued liabilities (27,670) (50,300)
Change in other assets and liabilities 40,462 14,017
Net cash provided by operating activities 192,271 238,059
Cash flows from investing activities:    
Purchases of available-for-sale investments (443,106) (665,715)
Sales and maturities of available-for-sale investments 350,593 562,445
Acquisition of SMSC, net of cash acquired (731,746) 0
Other business acquisitions, net of cash acquired (20,556) 0
Investment in other assets (2,204) (5,146)
Proceeds from sale of assets 66 48
Capital expenditures (26,212) (52,449)
Net cash used in investing activities (873,165) (160,817)
Cash flows from financing activities:    
Proceeds from borrowings on line of credit 600,000 0
Payment of cash dividend (135,895) (132,106)
Proceeds from sale of common stock 16,318 25,667
Excess tax benefit from share-based compensation 112 402
Net cash (provided by) used in financing activities 480,535 (106,037)
Effect of foreign exchange rate changes on cash and cash equivalents 1,339 0
Net decrease in cash and cash equivalents (199,020) (28,795)
Cash and cash equivalents at beginning of period 635,755 703,924
Cash and cash equivalents at end of period $ 436,735 $ 675,129