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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 03, 2020
Mar. 29, 2019
Statement of Cash Flows [Abstract]    
Net income $ 48,612 $ 75,775
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 2,175 1,962
Stock-based compensation 13,982 12,529
Non-cash lease expense 1,174 440
Deferred taxes 10,128 0
Other, net (888) 1,054
Changes in operating assets and liabilities:    
Trade receivables, net (18,270) 55,101
Inventory (4,695) (305)
Prepaid expenses and other assets (2,863) (11,165)
Deferred revenue 8,850 (1,313)
Accounts payable and other liabilities (2,131) 27,515
Net cash provided by operating activities 56,074 161,593
Cash flows from investing activities:    
Purchases of property, equipment and other (2,961) (2,307)
Purchases of investments (251,505) (239,869)
Proceeds from maturities and sales of investments 287,086 134,519
Net cash provided by (used in) investing activities 32,620 (107,657)
Cash flows from financing activities:    
Proceeds from issuance of common stock under equity incentive plans 3,938 6,817
Taxes paid related to net share settlement of equity awards (1,793) (1,580)
Other, net 0 (11)
Net cash provided by financing activities 2,145 5,226
Net increase in cash, cash equivalents and restricted cash 90,839 59,162
Cash, cash equivalents and restricted cash at beginning of period 268,137 315,875
Cash, cash equivalents and restricted cash at end of period 358,976 375,037
Supplemental cash flow disclosure:    
Right-of-use assets obtained in exchange for lease obligations 576 8,170
Unpaid liabilities incurred for purchases of property and equipment $ 481 $ 141