XML 27 R9.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Jan. 01, 2021
Jan. 03, 2020
Cash flows from operating activities:      
Net income $ 231,063 $ 111,781 $ 321,012
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 13,630 9,141 8,348
Stock-based compensation 119,820 105,070 56,602
Non-cash lease expense 5,332 4,830 2,819
Deferred taxes 46,529 15,265 71,002
Other, net 23,443 3,035 88
Changes in operating assets and liabilities:      
Trade receivables, net (122,324) (42,470) 43,716
Inventory (13,209) (21,897) (5,731)
Prepaid expenses and other assets (39,875) (25,831) (5,723)
Deferred revenue 11,008 (1,051) (9,301)
Accrued collaboration liabilities 70,297 600 4,437
Accounts payable and other liabilities 55,090 50,509 39,687
Net cash provided by operating activities 400,804 208,982 526,956
Cash flows from investing activities:      
Purchases of property, equipment and other (64,225) (30,345) (12,834)
Purchases of investments (1,357,168) (1,070,269) (1,182,682)
Proceeds from maturities and sales of investments 1,378,509 969,399 608,269
Net cash used in investing activities (42,884) (131,215) (587,247)
Cash flows from financing activities:      
Proceeds from issuance of common stock under equity incentive and stock purchase plans 24,307 24,886 22,499
Taxes paid related to net share settlement of equity awards (39,108) (50,018) (9,904)
Other, net 0 0 (42)
Net cash (used in) provided by financing activities (14,801) (25,132) 12,553
Net increase (decrease) in cash, cash equivalents and restricted cash equivalents 343,119 52,635 (47,738)
Cash, cash equivalents and restricted cash equivalents at beginning of period 320,772 268,137 315,875
Cash, cash equivalents and restricted cash equivalents at end of period 663,891 320,772 268,137
Supplemental cash flow disclosures:      
Cash paid for taxes 12,960 4,115 7,873
Non-cash operating activities:      
Right-of-use assets obtained in exchange for lease obligations 4,893 4,017 29,562
Non-cash investing activities:      
Unpaid liabilities incurred in asset acquisition 4,000 0 0
Unpaid liabilities incurred for purchases of property and equipment 2,739 842 26
Unpaid liabilities incurred for unsettled investment purchases 0 1,615 0
Accounts receivable for unsettled investment sales $ 0 $ 6,180 $ 0