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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jun. 24, 2017
Jun. 25, 2016
Jun. 27, 2015
Cash flows from operating activities      
Net income $ 48.8 $ 72.2 $ 110.4
Adjustments to reconcile net income to net cash provided by operating activities:      
Share-based compensation costs 61.8 56.8 44.1
Depreciation and amortization 33.2 31.2 24.8
Acquired intangibles amortization 59.3 73.0 87.6
Accretion and remeasurement of contingent consideration liability   (0.5) (18.8)
Deferred taxes (17.4) (21.1) (25.2)
Impairment of property and equipment   3.0 1.0
Impairment of acquired intangibles   6.7  
Non-cash interest (0.3) (1.8) (1.5)
Amortization of debt issuance costs 1.2 1.0 0.8
Impairment recovery on investments, net (1.9) (2.1) (0.2)
Equity investment loss 0.3    
Foreign currency remeasurement (gain)/loss (0.2) 8.2 (8.0)
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable, net (2.6) 72.0 0.7
Inventories 15.0 (6.2) (51.5)
Prepaid expenses and other current assets (9.6) 5.8 13.5
Other assets 6.5 5.6 10.1
Accounts payable (38.4) (15.3) 30.2
Accrued compensation (7.8) 3.3 2.1
Acquisition related liabilities (16.8) (18.2) (1.9)
Income taxes payable 2.3 (26.1) (7.1)
Other accrued liabilities 19.5 9.1 (7.0)
Net cash provided by operating activities 152.9 256.6 204.1
Cash flows from investing activities      
Proceeds from sales of investments 7.5 6.6 4.9
Acquisition of businesses, net of cash acquired     (294.3)
Purchases of property and equipment (31.4) (28.6) (51.9)
Purchase of intangible assets   (4.6)  
Investment in direct financing lease (17.0)    
Proceeds from direct financing leases 17.0    
Equity method investment (18.4)    
Net cash used in investing activities (42.3) (26.6) (341.3)
Cash flows from financing activities      
Payment of acquisition-related liabilities (5.3) (60.9) (72.2)
Payment of debt (18.8) (7.6) (3.8)
Purchases of treasury stock (88.0) (240.6) (121.3)
Proceeds from issuance of shares 24.7 32.4 49.1
Proceeds from issuance of long-term debt     245.4
Payment of debt issuance costs (1.2) (0.3) (0.4)
Excess tax benefit from share-based compensation 1.1 11.5 12.8
Payroll taxes for deferred stock and market stock units (6.6) (15.6) (16.0)
Net cash provided by/(used in) financing activities (94.1) (281.1) 93.6
Effect of exchange rate changes on cash and cash equivalents (0.9) 3.4 (3.7)
Net increase/(decrease) in cash and cash equivalents 15.6 (47.7) (47.3)
Cash and cash equivalents at beginning of year 352.2 399.9 447.2
Cash and cash equivalents at end of year 367.8 352.2 399.9
Supplemental disclosures of cash flow information      
Cash paid for interest 6.0 5.0 3.1
Cash paid for taxes 22.1 46.9 86.1
Cash refund on taxes 10.1 18.0 3.4
Non-cash investing and financing activities:      
Property and equipment received but unpaid $ 6.0 $ 3.1 8.2
Common stock issued in settlement of contingent consideration liability     $ 21.5