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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Apr. 03, 2021
Mar. 28, 2020
Cash flows from operating activities    
Net income $ 149,513 $ 18,454
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 16,725 18,831
Stock-based compensation expense 31,207 26,598
Other 344 2,989
Deferred income taxes (146) 74
Foreign currency transaction gain (1,047) (420)
Changes in operating assets and liabilities:    
Accounts receivable, net (13,260) 63,344
Inventories 39,631 106,245
Other assets (21,982) (9,690)
Accounts payable and accrued expenses (36,485) (191,070)
Accrued compensation 2,087 (14,443)
Deferred revenue 8,374 3,729
Other liabilities 992 10,727
Net cash provided by operating activities 175,953 35,368
Cash flows from investing activities    
Purchases of property and equipment, intangible and other assets (19,927) (25,800)
Cash paid for acquisition, net of acquired cash 0 (36,289)
Net cash used in investing activities (19,927) (62,089)
Cash flows from financing activities    
Repayments of borrowings (25,000) (3,333)
Payments for repurchase of common stock (682) (33,216)
Proceeds from exercise of common stock options 119,166 12,585
Payments for repurchase of common stock related to shares withheld for tax in connection with vesting of restricted stock units (18,821) (4,596)
Net cash provided by (used in) financing activities 74,663 (28,560)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 1,139 (107)
Net increase (decrease) in cash, cash equivalents and restricted cash 231,828 (55,388)
Cash, cash equivalents and restricted cash    
Beginning of period 407,291 338,820
End of period 639,119 283,432
Supplemental disclosure    
Cash paid for interest 357 851
Cash paid for taxes, net of refunds 3,255 1,025
Cash paid for amounts included in the measurement of lease liabilities 11,683 7,346
Supplemental disclosure of non-cash investing and financing activities    
Purchases of property and equipment in accounts payable and accrued expenses 8,910 3,270
Right-of-use assets obtained in exchange for new operating lease liabilities $ 1,622 $ 75,642