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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 29, 2018
Dec. 30, 2017
Sep. 30, 2017
Cash flows from operating activities      
Net income $ 61,667 $ 45,697 $ 45,697
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 9,867 9,546  
Stock-based compensation expense 9,032 9,537  
Other 475 182  
Deferred income taxes 226 65  
Foreign currency transaction (gain) loss 1,318 (615)  
Changes in operating assets and liabilities:      
Accounts receivable, net (49,324) (18,230)  
Inventories, net 81,621 9,956  
Other assets (3,092) (574)  
Accounts payable and accrued expenses (21,413) 21,684  
Accrued compensation (14,450) (15,200)  
Deferred revenue 4,598 3,384  
Other liabilities 11,525 2,535  
Net cash provided by operating activities 92,050 67,967  
Cash flows from investing activities      
Purchases of property and equipment (5,372) (12,410)  
Net cash used in investing activities (5,372) (12,410)  
Cash flows from financing activities      
Proceeds from borrowings, net of borrowing costs 0 30,000  
Repayments of borrowings 0 (30,000)  
Payments for purchase of treasury stock 0 (655)  
Proceeds from exercise of common stock options 462 2,280  
Payments of offering costs (567) 0  
Net cash provided by (used in) financing activities (105) 1,625  
Effect of exchange rate changes on cash, cash equivalents and restricted cash (133) 652  
Net increase (decrease) in cash, cash equivalents and restricted cash 86,440 57,834  
Cash, cash equivalents and restricted cash      
Beginning of period 221,120 130,788  
End of period 307,560 188,622 $ 130,788
Supplemental disclosure      
Cash paid for interest 658 1,249  
Cash paid for taxes, net of refunds 1,312 192  
Supplemental disclosure of non-cash investing and financing activities      
Purchases of property and equipment in accounts payable and accrued expenses 2,803 6,479  
Deferred offering costs in accounts payable and accrued expenses $ 18 $ 1,604