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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Operating Activities    
Net income $ 68,446 $ 51,944
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation of property and equipment 11,781 11,068
Amortization of other intangible assets and other assets 33,322 20,531
Amortization of debt discount and debt issuance costs 9,578 6,984
Stock-based compensation expense 36,893 33,007
Deferred income taxes (2,994) (5,703)
Changes in operating assets and liabilities:    
Accounts receivable 2,518 (1,587)
Inventories 5,066 (13,196)
Prepaid expenses and other assets 6,349 23,506
Accounts payable 8,675 1,746
Other current liabilities and income taxes (23,814) 9,296
Deferred income, deferred revenue and returns liability (2,816) 11,039
Other non-current liabilities (7,878) (7,269)
Net cash provided by operating activities 145,126 141,366
Investing Activities    
Purchases of available-for-sale investments (253,973) (471,938)
Sales and maturities of available-for-sale investments 371,885 143,765
Purchases of property and equipment (18,267) (10,494)
Purchases of other assets (9,088) (2,622)
Acquisitions of business, net of cash acquired (239,729) (13,658)
Net cash used in investing activities (149,172) (354,947)
Financing Activities    
Proceeds from issuance of long-term debt, net   389,468
Payments on debt   (72,500)
Repurchases of common stock (24,272)  
Payment of taxes withheld for vested stock awards (18,927) (14,870)
Proceeds from the issuance of common stock 6,585 6,836
Payment of acquisition-related contingent consideration (3,380)  
Net cash provided by (used in) financing activities (39,994) 308,934
Increase (decrease) in cash and cash equivalents (44,040) 95,353
Cash and cash equivalents at beginning of period 269,366 141,106
Cash and cash equivalents at end of period $ 225,326 $ 236,459