XML 64 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Sep. 29, 2013
Sep. 23, 2012
Cash flows from operating activities:    
Net income $ 30,497 $ 16,123
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 39,481 36,474
Stock-based compensation 14,578 12,485
Excess tax benefit from share-based payment arrangements (5,666) (42)
Loss on disposal or impairment of long-lived assets 657 898
Amortization of premium/discount on investments 2,435 2,264
Changes in operating assets and liabilities:    
Accounts receivable (16,613) (10,054)
Inventories (19,782) 9,002
Prepaid expenses and other assets (36,998) (3,030)
Accounts payable, trade 22,960 9,680
Accrued salaries and wages and other liabilities 37,687 11,886
Net cash provided by operating activities 69,236 85,686
Cash flows from investing activities:    
Purchases of property and equipment (33,680) (12,597)
Purchases of available-for-sale investments (196,312) (179,601)
Proceeds from maturities of available-for-sale investments 116,510 78,504
Proceeds from sale of property and equipment 0 47
Proceeds from sale of available-for-sale investments 12,295 12,886
Purchases of patent and licensing rights (4,769) (5,548)
Net cash used in investing activities (105,956) (106,309)
Cash flows from financing activities:    
Net proceeds from issuance of common stock 28,741 5,286
Excess tax benefit from share-based payment arrangements 5,666 42
Net cash provided by financing activities 34,407 5,328
Effects of foreign exchange changes on cash and cash equivalents 126 262
Net decrease in cash and cash equivalents (2,187) (15,033)
Cash and cash equivalents:    
Beginning of period 190,069 178,885
End of period $ 187,882 $ 163,852