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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Dec. 25, 2021
Dec. 26, 2020
Cash flows from operating activities    
Net income/(loss) $ 109.7 $ 46.8
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation costs 47.6 33.5
Depreciation and amortization 11.6 10.2
Acquired intangibles amortization 54.4 57.0
Gain on sale of audio technology assets 0.0 (34.2)
Loss on redemption of convertible notes 8.1 0.0
Deferred taxes (6.2) (5.8)
Amortization of convertible debt discount and issuance costs 1.6 9.5
Amortization of debt issuance costs 0.5 0.4
Amortization of cost of development services 5.0 4.2
Equity investment loss 0.9 1.0
Foreign currency remeasurement loss 0.4 (0.6)
Other (0.1) 0.0
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net (70.9) (46.9)
Inventories (28.7) 62.0
Prepaid expenses and other current assets (12.5) (8.6)
Other assets (0.1) (7.9)
Accounts payable 29.8 9.1
Accrued compensation (18.9) (24.6)
Income taxes payable (6.6) (15.3)
Other accrued liabilities 55.1 (11.9)
Net cash provided by operating activities 180.7 77.9
Cash flows from investing activities    
Acquisition of businesses, net of cash and cash equivalents acquired (512.2) (623.0)
Proceeds from sale of audio technology assets 0.0 34.2
Proceeds from maturities of investments 0.6 88.0
Purchases of property and equipment (13.2) (12.2)
Cost method investment 0.0 (5.0)
Net cash used in investing activities (524.8) (518.0)
Cash flows from financing activities    
Payment for redemption of convertible notes (505.6) 0.0
Proceeds from term loan 600.0
Payment of debt issuance costs (11.2) 0.0
Proceeds from issuance of shares 8.6 11.2
Payroll taxes for deferred stock and market stock units (63.5) (25.8)
Refundable deposit paid to vendor (16.6) 0.0
Net cash provided by/(used in) financing activities 11.7 (14.6)
Effect of exchange rate changes on cash and cash equivalents (1.1) 1.2
Net increase/(decrease) in cash and cash equivalents (333.5) (453.5)
Cash and cash equivalents at beginning of period 836.3 763.4
Cash and cash equivalents at end of period 502.8 309.9
Supplemental disclosures of cash flow information    
Cash paid for taxes 17.4 27.1
Cash refund on taxes 1.6 0.3
Non-cash investing and financing activities:    
Purchases of property and equipment in current liabilities $ 6.0 $ 0.7