XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 30, 2019
Sep. 29, 2018
Current assets:    
Cash and cash equivalents $ 418,872 $ 320,630
Restricted cash 465 [1] 518 [2]
Short-term investments [3] 208,000 293,000
Accounts and other receivable, net of allowance for doubtful accounts of $0 and $385, respectively 138,844 243,373
Inventories, net 102,549 115,191
Prepaid expenses and other current assets 13,638 14,561
Total current assets 882,368 987,273
Property, plant and equipment, net 76,343 76,067
Goodwill 56,050 56,550
Intangible assets, net 47,421 52,871
Deferred income taxes 9,232 9,017
Equity investments 6,301 1,373
Other assets 2,430 2,589
TOTAL ASSETS 1,080,145 1,185,740
Current liabilities:    
Short term debt 10,004 0
Accounts payable 33,378 48,527
Accrued expenses and other current liabilities 64,813 105,978
Income taxes payable 14,553 19,571
Total current liabilities 122,748 174,076
Financing obligation 14,893 15,187
Deferred income taxes 25,263 25,591
Income taxes payable 84,627 81,491
Other liabilities 9,400 9,188
TOTAL LIABILITIES 256,931 305,533
Commitments and contingent liabilities (Note 14)
SHAREHOLDERS' EQUITY:    
Preferred stock, without par value: Authorized 5,000 shares; issued - none 0 0
Authorized 200,000 shares; issued 85,323 and 84,659, respectively; outstanding 65,349 and 67,143 shares, respectively 526,419 519,244
Treasury stock, at cost, 19,974 and 17,516 shares, respectively (301,071) (248,664)
Retained earnings 601,913 613,529
Accumulated other comprehensive loss (4,047) (3,902)
TOTAL SHAREHOLDERS' EQUITY 823,214 880,207
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,080,145 $ 1,185,740
[1] Fair value approximates cost basis.
[2] Fair value approximates cost basis.
[3] 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. The Company did not recognize any realized gains or losses on the sale of investments during the three and six months ended March 30, 2019 and March 31, 2018.