XML 61 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Sep. 29, 2012
Sep. 24, 2011
Sep. 25, 2010
Cash flows from operating activities:      
Net income $ 363,500 $ 201,048 $ 79,506
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation 135,656 72,297 29,484
Amortization of intangibles 45,991 41,339 14,973
Amortization deferred financing fees 6,050 6,158 862
Loss on extinguishment of debt   19,732  
Unrealized (gain) loss of foreign currency (6,557) 1,041  
Loss on disposal of fixed assets 2,517 884 573
Gain on sale of subsidiary, excluding transaction costs (28,914)    
Provision for doubtful accounts 3,197 2,584 610
Provision for sales returns 107,436 64,457 40,139
Unrealized loss (gain) on financial instruments, net 6,310 3,292 (188)
Tax benefit from exercise of non-qualified options and disqualified dispositions of incentive stock options (1,006) (6,142) (713)
Excess tax benefits from equity-based compensation plans (12,070) (67,813) (14,590)
Deferred income taxes 60,856 (8,828) (6,931)
Deferred compensation and stock compensation 18,079 10,575 8,110
Contributions to the ESOP     1,376
Other 334    
Changes in assets and liabilities, net of effects of acquisition:      
Receivables (159,317) (157,329) (102,297)
Inventories (92,862) (375,709) (116,653)
Income tax receivable/payable, net 16,457 63,487 10,065
Other current assets (6,900) (715) (10,692)
Other long-term assets, net (469) (11,454) (5,349)
Accounts payable (17,668) 106,202 41,007
Accrued compensation costs (4,908) 2,233 (1,830)
Accrued expenses 39,701 25,600 23,405
Other current liabilities (2,718) (3,118) 1,645
Other long-term liabilities 5,090 10,964 5,191
Net cash provided by (used in) operating activities 477,785 785 (2,297)
Cash flows from investing activities:      
Change in restricted cash (2,875) 2,074 (75)
Proceeds from sale of short-term investments     50,000
Proceeds from the sale of subsidiary, net of cash acquired 137,733    
Capital expenditures for fixed assets (401,121) (283,444) (126,205)
Other investing activities 618 1,533 2,314
Net cash used in investing activities (265,645) (1,187,672) (533,435)
Cash flows from financing activities:      
Net change in revolving line of credit (108,727) 333,835 145,000
Proceeds from issuance of common stock under compensation plans 12,092 17,328 8,788
Proceeds from issuance of common stock for private placement   291,096  
Proceeds from issuance of common stock for public equity offering   673,048  
Financing costs in connection with public equity offering   (25,685)  
Repurchase of common stock (76,470)    
Excess tax benefits from equity-based compensation plans 12,070 67,813 14,590
Payments on capital lease and financing obligations (7,558) (8) (217)
Proceeds from borrowings of long-term debt   796,375 140,000
Deferred financing fees   (46,009) (1,339)
Repayment of long-term debt (7,814) (906,885) (8,500)
Other financing activities 3,283 (1,063)  
Net cash (used in) provided by financing activities (173,124) 1,199,845 298,322
Change in cash balances included in current assets held for sale 5,160 (5,160)  
Effect of exchange rate changes on cash and cash equivalents 1,124 790  
Net increase (decrease) in cash and cash equivalents 45,300 8,588 (237,410)
Cash and cash equivalents at beginning of period 12,989 4,401 241,811
Cash and cash equivalents at end of period 58,289 12,989 4,401
Supplemental disclosures of cash flow information:      
Cash paid for interest 20,783 33,452 6,486
Cash paid for income taxes 136,407 58,182 42,313
Fixed asset purchases included in accounts payable and not disbursed at the end of each year 56,127 25,737 20,261
Noncash financing and investing activity:      
Fixed assets acquired under capital lease and financing obligations 66,531    
Noncash investing activity:      
Liabilities assumed in conjunction with acquisitions     $ 1,533