XML 11 R6.htm IDEA: XBRL DOCUMENT v3.19.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Sep. 28, 2019
Sep. 29, 2018
OPERATING ACTIVITIES:    
Net income (loss) $ 6.8 $ (15.3)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation expense 9.8 9.9
Amortization of acquired technologies and other intangibles 17.1 19.2
Stock-based compensation 10.3 8.1
Amortization of debt issuance costs and accretion of debt discount 5.5 6.9
Net change in fair value of contingent liabilities 1.7 0.0
Other (linked) 0.6 0.1
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 0.5 (6.7)
Inventories (3.4) 1.4
Other current and non-currents assets (1.7) (2.9)
Accounts payable (1.6) 3.7
Income taxes payable 2.0 1.3
Deferred revenue, current and non-current (4.1) 1.1
Deferred taxes, net (1.3) (1.9)
Accrued payroll and related expenses 3.8 2.6
Accrued expenses and other current and non-current liabilities (14.7) 0.1
Net cash provided by operating activities 31.3 27.6
INVESTING ACTIVITIES:    
Maturities of available-for-sale investments 0.0 36.5
Sales of available-for-sale investments 0.0 81.0
Capital expenditures (7.1) (12.1)
Proceeds from the sale of assets 1.2 1.6
Net cash (used in) provided by investing activities (5.9) 107.0
FINANCING ACTIVITIES:    
Payment of debt issuance costs 0.0 (0.5)
Repurchase and retirement of common stock (1.5) 0.0
Withholding tax payment on vesting of restricted stock awards (7.6) (5.5)
Repurchase and redemption of convertible debt 0.0 (134.3)
Payment of financing obligations (1.0) (0.2)
Proceeds from exercise of employee stock options and employee stock purchase plan 2.3 2.1
Net cash used in financing activities (7.8) (138.4)
Effect of exchange rates on cash, cash equivalents and restricted cash (14.4) (7.2)
Net increase (decrease) in cash, cash equivalents and restricted cash 3.2 (11.0)
Cash, cash equivalents and restricted cash at the beginning of the period 530.4 624.3
Cash, cash equivalents and restricted cash at the end of the period $ 533.6 $ 613.3