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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Jan. 01, 2022
Jan. 02, 2021
Operating Activities      
Net income $ 91,402 $ 2,117,399 $ 12,531
Adjustments to reconcile net income to net cash provided by (used in) operating activities of continuing operations:      
Income from discontinued operations, net of income taxes 0 (2,175,273) (128,016)
Depreciation of property and equipment 22,524 18,051 16,267
Amortization of other intangible assets 34,071 44,505 42,569
Amortization of debt discount and debt issuance costs 2,003 22,767 21,433
Loss on extinguishment of convertible debt 3 3,370 4,060
Stock-based compensation expense 60,510 56,842 49,454
Equity-method earnings (3,400) (13,728) (2,116)
Deferred income taxes (18,240) (3,414) (6,533)
Changes in operating assets and liabilities:      
Accounts receivable 26,876 (3,144) (17,612)
Inventories (51,044) (1,510) 9,148
Prepaid expenses and other assets (31,240) 44,664 (50,664)
Accounts payable 36,797 (7,704) 15,263
Other current liabilities and income taxes (12,738) 2,109 3,215
Deferred revenue and returns liability (7,069) 863 (6,694)
Other non-current liabilities (9,181) (14,599) 28,856
Net cash provided by (used in) operating activities of continuing operations 141,274 91,198 (8,839)
Investing Activities      
Purchases of marketable securities (607,237) (1,541,971) (519,567)
Sales of marketable securities 223,354 250,075 164,968
Maturities of marketable securities 650,946 844,966 332,389
Purchases of property and equipment (26,525) (28,577) (18,088)
Purchases of other assets   (1,158) (1,210)
Acquisitions of businesses, net of cash acquired     (316,809)
Net cash provided by (used in) investing activities of continuing operations 240,538 (476,665) (358,317)
Financing Activities      
Proceeds from issuance of debt     845,000
Payments on debt (21) (140,572) (624,737)
Repurchases of common stock (883,424) (1,150,044) (16,287)
Payment of taxes withheld for vested stock awards (15,387) (22,239) (18,124)
Proceeds from the issuance of common stock 11,779 14,183 15,015
Net cash provided by (used in) financing activities of continuing operations (887,053) (1,298,672) 200,867
Discontinued Operations      
Operating activities (69,467) (191,642) 144,557
Investing activities 0 2,747,684 (2,694)
Net cash provided by (used in) discontinued operations (69,467) 2,556,042 141,863
Increase (decrease) in cash and cash equivalents (574,708) 871,903 (24,426)
Cash and cash equivalents at beginning of period 1,074,623 202,720 227,146
Cash and cash equivalents at end of period 499,915 1,074,623 202,720
Supplemental Disclosure of Cash Flow Information:      
Interest paid 4,427 5,010 8,662
Income taxes paid $ 132,005 $ 266,277 $ 7,217