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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jul. 01, 2018
Cash flows from operating activities:    
Net income $ 13,682 $ 360
Net loss from discontinued operations 0 1,191
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 9,965 9,777
Purchase premium amortization/discount accretion on investments, net (170) (311)
Stock-based compensation 13,197 14,110
(Gains)/charges related to long-term investments, net 0 1,400
Deferred income taxes 2,116 3,437
Changes in assets and liabilities    
Accounts receivable 65,032 27,634
Inventories (32,445) (7,312)
Prepaid expenses and other assets (4,812) (14,323)
Accounts payable (29,083) (8,784)
Accrued employee compensation (8,229) 6,249
Other accrued liabilities (37,161) (6,980)
Deferred revenue 182 (528)
Income taxes payable (2,201) (5,000)
Net cash provided by (used in) continuing operating activities (9,927) 20,920
Net cash provided by discontinued operating activities 0 19,147
Net cash provided by (used in) operating activities (9,927) 40,067
Cash flows from investing activities:    
Purchases of short-term investments (149) (70,017)
Proceeds from maturities of short-term investments 70,649 69,412
Purchases of property and equipment (9,423) (5,835)
Purchases of long-term investments (5,200) 0
Net cash provided by (used in) continuing investing activities 55,877 (6,440)
Net cash used in discontinued investing activities 0 (7,533)
Net cash provided by (used in) investing activities 55,877 (13,973)
Cash flows from financing activities:    
Repurchases of common stock (31,980) 0
Restricted stock unit withholdings (5,658) (7,168)
Proceeds from exercise of stock options 2,949 2,869
Proceeds from issuance of common stock under employee stock purchase plan 2,303 2,732
Net cash used in continuing financing activities (32,386) (1,567)
Net cash used in financing activities (32,386) (1,567)
Net increase in cash and cash equivalents 13,564 24,527
Cash and cash equivalents, at beginning of period 201,047 202,870
Cash and cash equivalents, at end of period 214,611 227,397
Non-cash investing and financing activities:    
Additions to property and equipment included in accounts payable and other accrued liabilities $ 2,411 $ 292