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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 95,866 $ 69,420
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred taxes 4,069 7,789
Depreciation and amortization 11,434 7,867
Stock-based compensation 15,830 14,812
Equity in losses of investee 1,777 1,121
Other non-cash operating activities 474 2,079
Changes in assets and liabilities, net of effects of acquisitions:    
Accounts receivable (36,026) (24,525)
Inventories (4,002) (7,923)
Prepaid expenses and other assets (15,873) (527)
Accounts payable 5,599 5,522
Accrued and other long-term liabilities (35,466) (40,891)
Long-term income tax payable 5,259 1,189
Deferred revenues 28,391 11,688
Net cash provided by operating activities 77,332 47,621
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions, net of cash acquired 0 (8,953)
Purchase of property, plant and equipment (57,578) (59,569)
Purchase of marketable securities 0 (169,777)
Proceeds from maturities of marketable securities 126,825 87,003
Proceeds from sales of marketable securities 9,560 11,684
Loan advances to equity investee 0 (8,000)
Loan repayment from equity investee 30,000 0
Other investing activities 462 (850)
Net cash provided by (used in) investing activities 109,269 (148,462)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 8,020 7,288
Common stock repurchases (100,000) (3,793)
Employees’ taxes paid upon the vesting of restricted stock units (47,842) (36,496)
Net cash used in financing activities (139,822) (33,001)
Effect of foreign exchange rate changes on cash and cash equivalents, and restricted cash 1,715 2,430
Net increase (decrease) in cash, cash equivalents, and restricted cash 48,494 (131,412)
Cash, cash equivalents, and restricted cash at beginning of the period 450,125 393,019
Cash, cash equivalents, and restricted cash at end of the period 498,619 261,607
SUPPLEMENTAL CASH FLOW INFORMATION:    
Accounts payable or accrued liabilities related to property, plant and equipment $ 18,739 $ 7,662