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Condensed Consolidated Statements of Cash Flows (in thousands) (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Net income$ 10,848$ 25,982
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization6,5505,624
Loss on disposal of property and equipment 52
Amortization and realized gain on debt instruments357466
Tax benefit from stock option transactions1,9073,105
Excess tax benefit from stock option transactions(145)(1,399)
Stock-based compensation10,03613,725
Changes in operating assets and liabilities:  
Accounts receivable1,927(16,767)
Inventories2,240204
Prepaid expenses and other current assets363(173)
Accounts payable7128,918
Accrued and other long-term liabilities(380)1,517
Accrued income taxes payable and noncurrent tax liabilities(1,806)(1,709)
Accrued compensation and related benefits(2,183)(1,386)
Deferred rent(7)92
Net cash provided by operating activities30,41938,251
Cash flows from investing activities:  
Property and equipment purchases(18,795)(18,572)
Purchases of short-term investments(47,261)(175,132)
Proceeds from sale of short-term investments108,718153,003
Proceeds from sale of long-term investments3,750250
Changes in restricted assets (19)
Net cash provided by (used in) investing activities46,412(40,470)
Cash flows from financing activities:  
Proceeds from issuance of common stock4,33413,265
Proceeds from employee stock purchase plan1,7731,885
Repurchase of common stock(38,472)(16,998)
Excess tax benefits from stock option transactions1451,399
Net cash used in financing activities(32,220)(449)
Effect of change in exchange rates351226
Net increase in cash and cash equivalents44,962(2,442)
Cash and cash equivalents, beginning of period48,01046,717
Cash and cash equivalents, end of period92,97244,275
Supplemental disclosures for cash flow information:  
Cash paid for taxes581121
Supplemental disclosures of non-cash investing and financing activities:  
Liability accrued for equipment purchases4621,686
Temporary impairment reversal of auction-rate securities$ (290)$ (220)