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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Cash flows from operating activities    
Net income $ 123,481 $ 132,292
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,217 7,982
Stock-based compensation expense 17,459 14,844
Other 1,139 (1,050)
Deferred income taxes 14 12
Foreign currency transaction (gain) loss 494 (1,633)
Changes in operating assets and liabilities:    
Accounts receivable, net (79,000) (56,650)
Inventories (21,800) 93,495
Other assets 4,086 (7,330)
Accounts payable and accrued expenses 185,127 33,271
Accrued compensation (49,094) (15,481)
Deferred revenue (13,510) 5,633
Other liabilities 2,321 9,128
Net cash provided by operating activities 179,934 214,513
Cash flows from investing activities    
Purchases of property and equipment, intangible and other assets (6,355) (11,333)
Cash paid for acquisitions, net of acquired cash (27,101) 0
Net cash used in investing activities (33,456) (11,333)
Cash flows from financing activities    
Payments for debt issuance costs (929) 0
Payments for repurchase of common stock (31,365) 0
Proceeds from exercise of common stock options 13,232 69,505
Payments for repurchase of common stock related to shares withheld for tax in connection with vesting of restricted stock units (11,882) (5,118)
Net cash provided by (used in) financing activities (30,944) 64,387
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,218) 3,174
Net increase in cash, cash equivalents and restricted cash 114,316 270,741
Cash, cash equivalents and restricted cash    
Beginning of period 640,101 407,291
End of period 754,417 678,032
Supplemental disclosure    
Cash paid for interest 23 166
Cash paid for taxes, net of refunds 413 2,672
Cash paid for amounts included in the measurement of lease liabilities 3,410 8,102
Supplemental disclosure of non-cash investing and financing activities    
Purchases of property and equipment in accounts payable and accrued expenses 5,499 7,814
Right-of-use assets obtained in exchange for new operating lease liabilities $ 2,246 $ 1,509