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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2018
Apr. 02, 2017
Cash flows from operating activities:    
Net income $ 37,217 $ 45,471
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 13,194 7,483
Depreciation of property, plant, and equipment 4,430 3,083
Amortization of intangible assets 769 872
Amortization of discounts or premiums on investments 56 86
Realized (gain) loss on sale of investments (22) (65)
Revaluation of contingent consideration (442) (275)
Change in deferred income taxes (1,469) 921
Change in operating assets and liabilities:    
Accounts receivable 24,830 (2,238)
Unbilled revenue 3,389 953
Inventories (27,321) (5,386)
Prepaid expenses and other current assets (866) (12,461)
Accounts payable 5,309 7,167
Accrued expenses (9,927) (3,398)
Accrued income taxes 186 397
Deferred revenue and customer deposits 5,877 5,839
Other (424) (734)
Net cash provided by operating activities 54,786 47,715
Cash flows from investing activities:    
Purchases of investments (118,108) (193,612)
Maturities and sales of investments 144,337 171,667
Purchases of property, plant, and equipment (13,270) (6,095)
Cash paid for acquisition of business 0 (176)
Cash paid related to discontinued business 0 (291)
Net cash provided by (used in) investing activities 12,959 (28,507)
Cash flows from financing activities:    
Issuance of common stock under stock plans 11,123 29,139
Repurchase of common stock (69,202) (30,067)
Payment of dividends (7,787) (6,497)
Net cash provided by (used in) financing activities (65,866) (7,425)
Effect of foreign exchange rate changes on cash and cash equivalents 1,111 1,004
Net change in cash and cash equivalents 2,990 12,787
Cash and cash equivalents at beginning of period 106,582 79,641
Cash and cash equivalents at end of period $ 109,572 $ 92,428