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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 03, 2020
Jun. 28, 2019
Statement of Cash Flows [Abstract]    
Net income $ 115,433 $ 154,817
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 4,376 3,998
Stock-based compensation 30,136 27,608
Non-cash lease expense 2,383 1,099
Deferred taxes 22,793 33,067
Other, net 726 (98)
Changes in operating assets and liabilities:    
Trade receivables, net (2,014) 65,230
Inventory (7,049) (2,514)
Prepaid expenses and other assets (18,954) (9,278)
Deferred revenue 9,659 4,656
Accounts payable and other liabilities 262 14,736
Net cash provided by operating activities 157,751 293,321
Cash flows from investing activities:    
Purchases of property, equipment and other (9,925) (3,516)
Purchases of investments (433,154) (518,268)
Proceeds from maturities and sales of investments 548,973 271,198
Net cash provided by (used in) investing activities 105,894 (250,586)
Cash flows from financing activities:    
Proceeds from issuance of common stock under equity incentive and stock purchase plans 17,938 14,735
Taxes paid related to net share settlement of equity awards (20,941) (2,434)
Other, net 0 (22)
Net cash (used in) provided by financing activities (3,003) 12,279
Net increase in cash, cash equivalents and restricted cash 260,642 55,014
Cash, cash equivalents and restricted cash at beginning of period 268,137 315,875
Cash, cash equivalents and restricted cash at end of period 528,779 370,889
Supplemental cash flow disclosure:    
Right-of-use assets obtained in exchange for lease obligations 1,824 11,338
Unpaid liabilities incurred for purchases of property and equipment $ 804 $ 1,350