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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jul. 05, 2015
Jun. 29, 2014
Cash flows from operating activities:    
Net income $ 135,666 $ 102,134
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 36,230 33,785
Amortization 31,395 42,990
Stock-based compensation 15,405 23,530
Provision for excess and obsolete inventory 15,881 15,071
Non cash charge for the sale of inventories revalued at the date of acquisition 595  
Tax benefit related to employee stock compensation awards (892) (1,671)
Contingent consideration adjustment (1,600)  
Gain from the sale of an equity investment (5,406)  
Deferred taxes (10,371) (5,697)
Other 1,154 1,165
Changes in operating assets and liabilities, net of business acquired:    
Accounts receivable (142,493) (143,125)
Inventories 23,500 18,469
Prepayments and other assets 14,054 27,000
Accounts payable and other accrued expenses 53,392 52,796
Deferred revenue and customer advances 5,685 13,800
Retirement plans contributions (1,999) (2,388)
Accrued income taxes 23,261 5,495
Net cash provided by operating activities 193,457 183,354
Cash flows from investing activities:    
Purchases of property, plant and equipment (46,110) (91,389)
Acquisition of business, net of cash acquired (282,332)  
Purchases of available-for-sale marketable securities (590,250) (523,306)
Proceeds from sales of available-for-sale marketable securities 631,400 152,818
Proceeds from maturities of available-for-sale marketable securities 231,416 377,436
Proceeds from the sale of an equity investment 5,406  
Proceeds from life insurance 1,098 4,391
Net cash used for investing activities (49,372) (80,050)
Cash flows from financing activities:    
Issuance of common stock under employee stock purchase and stock option plans 17,878 10,643
Tax benefit related to employee stock compensation awards 892 1,671
Repurchase of common stock (128,316)  
Dividend payments (25,857) (11,656)
Payment of revolving credit facility costs (2,253)  
Payments of long-term debt   (190,975)
Net cash used for financing activities (137,656) (190,317)
Increase (decrease) in cash and cash equivalents 6,429 (87,013)
Cash and cash equivalents at beginning of period 294,256 341,638
Cash and cash equivalents at end of period $ 300,685 $ 254,625