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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Cash flows from operating activities:    
Net (loss) income $ (18,135) $ 22,520
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 7,459 8,724
Stock-based compensation 5,191 6,864
Deferred income taxes, net (528) 1,739
Other 1,531 1,542
Changes in operating assets and liabilities — (use) source    
Accounts receivable 108,825 106,561
Inventory 9,848 (16,863)
Other current assets (5,612) (2,913)
Accounts payable (41,440) (52,744)
Accrued expenses and other liabilities (26,405) (22,727)
Net cash provided by operating activities 40,734 52,703
Cash flows from investing activities:    
Additions of property and equipment (7,310) (6,004)
Change in other assets (1,560) (1,977)
Sales and maturities of investments 3,500 2,380
Net cash used in investing activities (5,370) (5,601)
Cash flows from financing activities:    
Proceeds from employee stock plans 934 2,563
Income tax withholding payment associated with restricted stock vesting (1,816) (7,212)
Stock repurchases 25,000 0
Net cash used in financing activities (25,882) (4,649)
Effect of exchange rate changes on cash and cash equivalents (106) 268
Net increase in cash and cash equivalents 9,376 42,721
Cash and cash equivalents, at beginning of period 239,392 130,373
Cash and cash equivalents, at end of period $ 248,768 $ 173,094