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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 144,020 $ 145,832 $ 64,295
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred taxes (11,424) 4,088 (5,899)
Depreciation and amortization 18,004 17,856 16,825
Stock-based compensation 52,943 39,823 26,438
Tax (shortfalls) benefits from stock-based awards 10,224 21,393 27,103
Excess tax benefit from share-based payment arrangements (10,396) (21,393) (27,103)
Impairment of goodwill 0 0 40,693
Impairment of long lived assets 0 0 26,320
Other 13,799 10,106 4,142
Changes in assets and liabilities, excluding the effects of business combinations:      
Accounts receivable (40,775) (27,229) (11,981)
Inventories (3,563) (1,999) 1,158
Prepaid expenses and other assets (3,726) (2,924) (392)
Accounts payable 7,575 2,887 (186)
Accrued and other long-term liabilities 19,462 22,692 9,662
Deferred revenues 41,854 15,767 14,901
Net cash provided by operating activities 237,997 226,899 185,976
CASH FLOWS FROM INVESTING ACTIVITIES:      
Acquisition, net of cash acquired 0 0 (7,652)
Purchase of property, plant and equipment (53,451) (24,092) (19,412)
Purchase of marketable securities (447,092) (437,152) (303,917)
Proceeds from maturities of marketable securities 304,125 176,810 90,917
Proceeds from Sale and Maturity of Marketable Securities 30,011 82,990 31,741
Other assets 46 (183) (2,411)
Net cash used in investing activities (166,361) (201,627) (210,734)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of common stock 11,325 18,028 34,196
Common stock repurchase (101,791) (98,233) (95,107)
Excess tax benefit from share-based payment arrangements 10,396 21,393 27,103
Employees' taxes paid upon the vesting of restricted stock units (20,716) (7,608) (4,363)
Net cash used in financing activities (100,786) (66,420) (38,171)
Effect of foreign exchange rate changes on cash and cash equivalents (3,007) (1,934) (504)
Net decrease in cash and cash equivalents (32,157) (43,082) (63,433)
Cash and cash equivalents, beginning of year 199,871 242,953  
Cash and cash equivalents, end of year $ 167,714 $ 199,871 $ 242,953