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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Cash flows from operating activities    
Net income $ 44,537 $ 132,047
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 22,845 18,792
Impairment and abandonment charges 4,846  
Stock-based compensation expense 41,220 38,684
Other 13,232 4,357
Deferred income taxes 1,358 (129)
Foreign currency transaction (gains) losses (14,126) 2,267
Changes in operating assets and liabilities:    
Accounts receivable 16,932 (12,786)
Inventories 118,032 (86,153)
Other assets 5,481 (6,082)
Accounts payable and accrued expenses (186,194) 51,643
Accrued compensation 6,108 (45,084)
Deferred revenue (4,484) (11,834)
Other liabilities (463) (3,348)
Net cash provided by operating activities 69,324 82,374
Cash flows from investing activities    
Purchases of property and equipment, and intangible assets (23,403) (15,665)
Cash paid for acquisitions, net of acquired cash   (27,101)
Net cash used in investing activities (23,403) (42,766)
Cash flows from financing activities    
Payments for debt issuance costs   (929)
Payments for repurchase of common stock (30,054) (74,482)
Proceeds from exercise of common stock options 17,584 29,254
Payments for repurchase of common stock related to shares withheld for tax in connection with vesting of stock awards (18,199) (22,601)
Net cash used in financing activities (30,669) (68,758)
Effect of exchange rate changes on cash and cash equivalents 4,766 (4,207)
Net increase (decrease) in cash and cash equivalents 20,018 (33,357)
Cash and cash equivalents    
Beginning of period 274,855 640,101
End of period 294,873 606,744
Supplemental disclosure    
Cash paid for interest 330 85
Cash paid for taxes, net of refunds 6,399 8,916
Cash paid for amounts included in the measurement of lease liabilities 7,219 7,800
Supplemental disclosure of non-cash investing and financing activities    
Purchases of property and equipment in accounts payable and accrued expenses 8,393 7,869
Right-of-use assets obtained in exchange for new operating lease liabilities $ 711 $ 2,245