XML 41 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 27, 2015
Sep. 27, 2014
Current assets:    
Cash and cash equivalents $ 475,925 $ 587,981
Short-term investments [1] 0 9,105
Accounts and notes receivable, net of allowance for doubtful accounts of $0 and $143 respectively 172,411 171,530
Inventories, net 78,312 49,694
Prepaid expenses and other current assets 16,354 15,090
Deferred income taxes 5,601 4,291
Total current assets 748,603 837,691
Property, plant and equipment, net 51,923 52,755
Goodwill 81,272 41,546
Intangible assets 60,322 5,891
Other assets 5,354 6,565
TOTAL ASSETS 947,474 944,448
Current liabilities:    
Accounts payable 47,907 35,132
Accrued expenses and other current liabilities 47,431 43,731
Income taxes payable 636 2,488
Total current liabilities 95,974 81,351
Financing obligation 17,634 19,102
Deferred income taxes 44,567 44,963
Other liabilities 11,729 9,790
TOTAL LIABILITIES $ 169,904 $ 155,206
Commitments and contingent liabilities (Note 13)    
SHAREHOLDERS' EQUITY:    
Preferred stock, without par value: Authorized 5,000 shares; issued - none $ 0 $ 0
Authorized 200,000 shares; issued 82,602 and 81,624, respectively; outstanding 73,028 and 76,626 shares, respectively 488,495 479,116
Treasury stock, at cost, 9,574 and 4,998 shares, respectively (107,659) (46,984)
Retained earnings 395,678 354,866
Accumulated other comprehensive income 1,056 2,244
TOTAL SHAREHOLDERS' EQUITY 777,570 789,242
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 947,474 $ 944,448
[1] All short-term investments were classified as available-for-sale and were measured at fair value based on level one measurement, or quoted market prices, as defined by ASC 820. As of June 27, 2015 and September 27, 2014, fair value approximated the cost basis for short-term investments. The Company did not recognize any realized gains or losses on the sale of investments during the three and nine months ended June 27, 2015 and June 28, 2014.