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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 141,810 $ (6,182)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 77,416 82,053
Non-cash interest expense 3,089 3,114
Amortization of premium on investments 3,741 3,279
Stock-based compensation 149,574 153,372
Gain on sale of nonfinancial assets, net (108,000) 0
Deferred income taxes (743) (12,020)
Unrealized foreign exchange gain (16,075) (1,347)
Non-cash changes in the fair value of contingent consideration 2,243 6,254
Other (700) (1,317)
Changes in operating assets and liabilities:    
Accounts receivable, net (53,752) 65,513
Inventory (27,419) (19,125)
Other current assets (8,558) 27,029
Other assets 12,140 (407)
Accounts payable and other short-term liabilities (2,398) (7,129)
Other long-term liabilities (3,252) 269
Net cash provided by operating activities 169,116 293,356
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (85,271) (66,840)
Maturities and sales of investments 477,244 502,112
Purchases of investments (457,382) (737,144)
Proceeds from sale of nonfinancial assets 110,000 0
Purchase of intangible assets (9,910) (8,026)
Other 0 (994)
Net cash provided by (used in) investing activities 34,681 (310,892)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercises of awards under equity incentive plans 43,866 32,877
Taxes paid related to net share settlement of equity awards (50,696) (44,428)
Payment of contingent consideration (21,054) 0
Principal repayments of financing leases (1,635) (2,492)
Other 0 (401)
Net cash used in financing activities (29,519) (14,444)
Effect of exchange rate changes on cash (39) (35)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 174,239 (32,015)
Cash and cash equivalents:    
Beginning of period 587,276 649,158
End of period 761,515 617,143
SUPPLEMENTAL CASH FLOW DISCLOSURES:    
Cash paid for income taxes 13,425 15,531
Cash paid for interest 6,575 6,673
SUPPLEMENTAL CASH FLOW DISCLOSURES FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Decrease in accounts payable and accrued liabilities related to fixed assets (5,240) (7,690)
Increase (decrease) in accounts payable and accrued liabilities related to intangible assets $ (224) $ 9,386