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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Cash flows from operating activities:    
Net income $ 56,033 $ 71,832
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of deferred gain on sale-leaseback (596) (553)
Amortization (accretion) of premiums and discounts on short-term investments (784) 0
Amortization of debt discount and issuance costs in connection with convertible notes payable 0 102
Depreciation and amortization 21,746 15,360
Adjustment in deferred tax assets 6,905 0
Interest make-whole charge and induced conversion expense related to convertible notes 0 8,463
Stock-based compensation expense 11,055 7,922
Write-down of inventories designated to be sold to ZTE 3,083 0
Other non-cash adjustments 172 (128)
Changes in operating assets and liabilities:    
Accounts receivable, net 12,864 (32,402)
Inventories (4,157) (16,068)
Prepaid expenses and other current assets 2,758 (16,579)
Other non-current assets (167) (275)
Accounts payable (13,081) 22,266
Accrued expenses and other liabilities (611) 11,746
Net cash provided by operating activities 95,220 71,686
Cash flows from investing activities:    
Purchases of property and equipment (47,272) (50,022)
Purchases of short-term investments (197,344) (40,001)
Maturities of short-term investments 111,283 0
Transfer from restricted cash 716 (1)
Net cash used in investing activities (132,617) (90,024)
Cash flows from financing activities:    
Proceeds from the exercise of stock options 2,556 4,531
Shares repurchased for tax withholdings on vesting of restricted stock units (3,013) (3,675)
Proceeds from the sale of common stock in connection with the public offering, net of expenses 0 135,153
Payments on capital lease obligations (895) (1,897)
Net cash provided by (used in) financing activities (1,352) 134,112
Effect of exchange rate on cash and cash equivalents (552) 2,360
Net increase (decrease) in cash and cash equivalents (39,301) 118,134
Cash and cash equivalents at beginning of period 219,270 95,929
Cash and cash equivalents at end of period 179,969 214,063
Supplemental disclosures of cash flow information:    
Cash paid for interest make-whole and induced conversion charges related to the exercise of convertible notes 0 4,700
Supplemental disclosures of non-cash transactions:    
Issuance of common stock in exchange for the net carrying value of the liability component of the convertible notes 0 62,125
Purchases of property and equipment funded by accounts payable 7,106 11,831
Capital lease obligations incurred for purchases of property and equipment $ 709 $ 397