XML 42 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 27, 2014
Sep. 28, 2013
Cash Flows from Operating Activities:    
Net income (loss) $ 5,249 $ (21,941)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 19,340 18,574
Amortization of debt discount and issuance costs 6,217 2,552
Amortization of premium on investments 2,720 870
Stock-based compensation expense 20,847 23,802
Other loss (gain) 15 (278)
Changes in assets and liabilities:    
Accounts receivable (35,463) 19,805
Inventory (9,015) (3,603)
Prepaid expenses and other assets (4,965) (6,427)
Accounts payable 11,009 (30,624)
Accrued liabilities and other expenses 657 1,640
Deferred revenue (4,272) (1,655)
Accrued warranty 4,898 6,680
Net cash provided by operating activities 17,237 9,395
Cash Flows from Investing Activities:    
Purchase of available-for-sale investments (214,272) (206,528)
Purchase of cost-method investment (5,500) 0
Proceeds from sale of available-for-sale investments 17,876 2,850
Proceeds from maturities and calls of investments 168,137 77,143
Purchase of property and equipment (14,364) (13,605)
Change in restricted cash (320) 110
Net cash used in investing activities (48,443) (140,030)
Cash Flows from Financing Activities:    
Proceeds from issuance of debt, net 0 144,469
Proceeds from issuance of common stock 19,683 21,551
Minimum tax withholding paid on behalf of employees for net share settlement (1,846) (1,541)
Net cash provided by financing activities 17,837 164,479
Effect of exchange rate changes on cash (97) (881)
Net change in cash and cash equivalents (13,466) 32,963
Cash and cash equivalents at beginning of period 124,330 104,666
Cash and cash equivalents at end of period 110,864 137,629
Supplemental disclosures of cash flow information:    
Cash paid for income taxes, net of refunds 1,056 1,536
Cash paid for interest 1,313 0
Supplemental schedule of non-cash financing activities:    
Transfer of inventory to fixed assets $ 1,838 $ 6,672