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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Cash flows from operating activities    
Net income $ 18,454 $ 38,843
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 18,831 18,964
Stock-based compensation expense 26,598 20,118
Other 2,989 1,607
Deferred income taxes 74 441
Foreign currency transaction (gain) loss (420) 2,300
Changes in operating assets and liabilities:    
Accounts receivable, net 63,344 7,933
Inventories 106,245 86,814
Other assets (9,690) (5,433)
Accounts payable and accrued expenses (191,070) (111,227)
Accrued compensation (14,443) (6,205)
Deferred revenue 3,729 4,562
Other liabilities 10,727 6,388
Net cash provided by operating activities 35,368 65,105
Cash flows from investing activities    
Purchases of property and equipment and intangible assets (25,800) (8,087)
Cash paid for acquisition, net of acquired cash (36,289) 0
Net cash used in investing activities (62,089) (8,087)
Cash flows from financing activities    
Repayments of borrowings (3,333) 0
Payments for repurchase of common stock (37,812) (566)
Proceeds from exercise of common stock options 12,585 18,947
Payments of offering costs 0 (585)
Net cash provided by (used in) financing activities (28,560) 17,796
Effect of exchange rate changes on cash, cash equivalents and restricted cash (107) (475)
Net increase (decrease) in cash, cash equivalents and restricted cash (55,388) 74,339
Cash, cash equivalents and restricted cash    
Beginning of period 338,820 221,120
End of period 283,432 295,459
Supplemental disclosure    
Cash paid for interest 851 1,244
Cash paid for taxes, net of refunds 1,025 1,941
Cash paid for amounts included in the measurement of lease liabilities 7,346  
Supplemental disclosure of non-cash investing and financing activities    
Purchases of property and equipment in accounts payable and accrued expenses 3,270 $ 2,426
Right-of-use assets obtained in exchange for new operating lease liabilities $ 75,642