XML 65 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Cash flows from operating activities:    
Net income $ 33,813 $ 28,059
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 3,625 3,096
Amortization 214 53
Accretion of asset retirement obligations 87 82
Gain on disposal of equipment 5 (4)
Stock-based compensation 8,379 6,190
Deferred income taxes 0 (17)
Changes in operating assets and liabilities:    
Accounts receivable 6,180 (2,065)
Inventories (6,511) (11,527)
Prepaid expenses and other current assets 292 (484)
Other assets (929) 1,297
Accounts payable 4,549 2,496
Deferred product and services income 6,714 (3,453)
Other current liabilities (6,578) 2,455
Other liabilities 6,123 3,601
Net cash provided by operating activities 55,963 29,779
Cash flows from investing activities:    
Capital expenditures (6,198) (3,020)
Purchase of patents (8,000) 0
Purchase of investments in securities (266,225) (157,685)
Proceeds from maturities of investments 228,925 120,320
Net cash used in investing activities (51,498) (40,385)
Cash flows from financing activities:    
Proceeds from notes payable 3,000 10,000
Repayment of notes payable (3,000) (12,000)
Proceeds from issuance of common stock for stock option exercises 15,372 12,980
Tax payment for issuance of common stock from release of restricted stock units (4,312) (1,268)
Net cash provided by (used in) financing activities 11,060 9,712
Net decrease in cash and cash equivalents 15,525 (894)
Cash and cash equivalents at beginning of period 58,780 [1] 63,626
Cash and cash equivalents at end of period $ 74,305 $ 62,732
[1] The Balance Sheet as of December 31, 2011 has been derived from the audited financial statements at that date.