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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 221,154 $ 142,061
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred taxes (5,481) (17,476)
Depreciation and amortization 26,715 16,786
Stock-based compensation 44,024 39,934
Net tax benefits from stock-based awards 0 13,057
Excess tax benefit from share-based payment arrangements 0 (13,943)
Equity in losses of investee 4,950 477
Other non-cash operating activities 9,432 9,525
Changes in assets and liabilities, net of effects of acquisitions:    
Accounts receivable (84,437) (93,122)
Inventories (10,709) (6,873)
Prepaid expenses and other assets (5,848) (5,069)
Accounts payable 4,220 (4,134)
Accrued and other long-term liabilities 18,995 38,969
Deferred revenues 53,198 46,482
Net cash provided by operating activities 276,213 166,674
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions, net of cash acquired (8,953) 0
Purchase of property, plant and equipment (126,150) (56,368)
Purchase of marketable securities (356,928) (283,797)
Proceeds from maturities of marketable securities 260,487 328,498
Purchase of equity method investments (12,764) (46,745)
Proceeds from sales of marketable securities 32,291 209,302
Loan advances to equity investee (23,000) 0
Loan repayment from equity investee 6,000 0
Other investing activities 397 (8,031)
Net cash provided by (used in) investing activities (228,620) 142,859
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 13,850 12,877
Common stock repurchases (53,793) (58,174)
Excess tax benefit from share-based payment arrangements 0 13,943
Employees’ taxes paid upon the vesting of restricted stock units (39,093) (26,265)
Net cash used in financing activities (79,036) (57,619)
Effect of foreign exchange rate changes on cash and cash equivalents 4,781 320
Net increase (decrease) in cash and cash equivalents (26,662) 252,234
Cash and cash equivalents, beginning of the period 389,275 167,714
Cash and cash equivalents, end of the period 362,613 419,948
SUPPLEMENTAL CASH FLOW INFORMATION:    
Accounts payable or accrued liabilities related to property, plant and equipment $ 21,992 $ 9,709