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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 100,836 $ 186,841
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 18,626 20,462
Amortization of intangible assets 6,229 8,843
Gain on investments (11,357) (1,071)
Share-based compensation expense 23,690 23,651
Deferred income taxes 265 (4,158)
Change in fair value of contingent consideration for business acquisition 0 (1,474)
Other (124) 1,045
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable, net (44,572) 73,308
Inventories (324) (115,166)
Other assets 4,932 (30,796)
Accounts payable (70,034) (115,620)
Accrued and other liabilities (63,835) (160,835)
Net cash used in operating activities (35,668) (114,970)
Cash flows from investing activities:    
Purchases of property, plant and equipment (19,563) (24,514)
Investment in privately held companies (2,088) (501)
Acquisitions, net of cash acquired (5,839) (15,586)
Purchases of deferred compensation investments (922) (1,091)
Proceeds from sales of deferred compensation investments 943 1,345
Net cash used in investing activities (27,469) (40,347)
Cash flows from financing activities:    
Purchases of registered shares (120,619) (54,872)
Proceeds from exercises of stock options and purchase rights 0 2,750
Tax withholdings related to net share settlements of restricted stock units (24,144) (50,411)
Net cash used in financing activities (144,763) (102,533)
Effect of exchange rate changes on cash and cash equivalents (14,159) 5,244
Net decrease in cash and cash equivalents (222,059) (252,606)
Cash and cash equivalents, beginning of the period 1,328,716 1,750,327
Cash and cash equivalents, end of the period 1,106,657 1,497,721
Non-cash investing and financing activities:    
Property, plant and equipment purchased during the period and included in period end liability accounts 14,069 13,051
Non-cash contingent consideration for acquisition 1,151 9,973
Supplemental cash flow information:    
Income taxes paid, net $ 32,901 $ 134,766