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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Operating Activities    
Net income $ 35,271 $ 66,041
Adjustments to reconcile net income to net cash provided by (used in) operating activities of continuing operations:    
Depreciation of property and equipment 18,992 16,514
Amortization of other intangible assets 19,162 27,328
Amortization of debt issuance costs 960 1,492
Loss on extinguishment of convertible debt   3
Stock-based compensation expense 37,167 43,213
Equity-method (earnings) loss 1,150 (2,985)
Deferred income taxes (5,881) (13,126)
Changes in operating assets and liabilities:    
Accounts receivable (30,706) 21,641
Inventories (66,971) (39,100)
Prepaid expenses and other assets 8,085 (28,404)
Accounts payable (37,039) 26,694
Other current liabilities and income taxes (39,155) 17,962
Deferred revenue and returns liability 3,286 (2,144)
Other non-current liabilities 6,794 (7,713)
Net cash provided by (used in) operating activities of continuing operations (48,885) 127,416
Investing Activities    
Purchases of marketable securities (91,493) (579,507)
Sales of marketable securities 365,073 42,952
Maturities of marketable securities 171,766 597,399
Purchases of property and equipment (18,533) (20,057)
Purchases of other assets (395)  
Net cash provided by investing activities of continuing operations 426,418 40,787
Financing Activities    
Proceeds from revolving line of credit 80,000  
Payments on debt (571,157) (21)
Repurchases of common stock (217,137) (681,695)
Payment of taxes withheld for vested stock awards (17,239) (14,732)
Proceeds from the issuance of common stock 8,013 6,366
Net cash used in financing activities of continuing operations (717,520) (690,082)
Discontinued Operations    
Operating activities 0 (69,467)
Net cash used in discontinued operations 0 (69,467)
Decrease in cash and cash equivalents (339,987) (591,346)
Cash and cash equivalents at beginning of period 499,915 1,074,623
Cash and cash equivalents at end of period $ 159,928 $ 483,277