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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 180,261 $ 404,169 $ 347,588
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 96,268 80,271 64,568
Deferred income taxes (15,489) (4,576) 22,881
Stock-based compensation 33,363 28,027 23,021
Goodwill impairment 37,120 0 0
Impairment of long-lived assets 5,350 0 0
Unrealized losses (gains) on foreign currency transactions 11,004 (2,670) 7,949
Other 3,320 (3,586) 986
Provisions for inventory, warranty and bad debt 63,752 38,862 44,978
Changes in assets and liabilities that (used) provided cash, net of acquisitions:      
Accounts receivable 9,776 (18,814) (63,225)
Inventories (28,105) (135,440) (71,080)
Prepaid expenses and other current assets 18,405 (7,062) (911)
Accounts payable (10,257) (1,426) 2,309
Accrued expenses and other liabilities (37,310) (19,666) 9,612
Income and other taxes payable (43,937) 35,212 16,719
Net cash provided by operating activities 323,521 393,301 405,395
Cash flows from investing activities:      
Purchases of property, plant and equipment (133,536) (160,343) (126,535)
Proceeds from sales of property, plant and equipment 661 1,026 15,882
Proceeds from short-term investments 768,078 470,328 212,515
Purchases of short and long-term investments (760,300) (765,310) (211,832)
Acquisitions of businesses, net of cash acquired (15,115) (109,115) (60,483)
Other 237 415 (352)
Net cash used in investing activities (139,975) (562,999) (170,805)
Cash flows from financing activities:      
Proceeds from line-of-credit facilities 15 255 6,761
Payments on line-of-credit facilities (15) (255) (6,761)
Proceeds on long-term borrowings 0 0 28,000
Principal payments on long-term borrowings (3,671) (3,604) (19,842)
Proceeds from issuance of common stock under employee stock option and purchase plans less payments for taxes related to net share settlement of equity awards 7,336 12,183 28,654
Cash contributed by non-controlling interest 0 839 0
Purchase of non-controlling interests 0 0 (197)
Purchase of treasury stock, at cost (40,732) (176,065) (39,987)
Net cash used in financing activities (37,067) (166,647) (3,372)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash (7,853) (29,197) 54,827
Net increase (decrease) in cash, cash equivalents and restricted cash 138,626 (365,542) 286,045
Cash and cash equivalents — Beginning of period 544,358 909,900 623,855
Cash, cash equivalents and restricted cash — End of period (Note 1) 682,984 544,358 909,900
Supplemental disclosure of cash flow information:      
Cash paid for interest 2,683 3,052 2,583
Cash paid for income taxes 116,951 112,762 155,559
Non-cash transactions:      
Demonstration units transferred from inventory to other assets 10,367 6,270 4,114
Property, plant and equipment transferred from inventory 7,659 2,535 8,425
Changes in accounts payable related to property, plant and equipment 1,304 (2,852) 1,594
Leased assets obtained in exchange for new operating lease liabilities $ 14,670 $ 0 $ 0