XML 16 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 25, 2015
Dec. 26, 2014
Cash flows from operating activities    
Net income for the period $ 21,406 $ 19,762
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 8,268 5,907
Amortization of intangibles 26 42
Gain on disposal of property, plant and equipment (49) (46)
Loss from sales and maturities of available-for-sale securities 124  
Amortization of investment premium 457 298
Amortization of deferred debt issuance costs 358 228
Reversal of allowance for doubtful accounts (7) (3)
Unrealized loss (gain) on exchange rate and fair value of derivative 5,566 (19)
Share-based compensation 5,783 3,797
Deferred income tax 413 (84)
Other non-cash expenses 765 725
(Reversal of) inventory obsolescence (478) 317
Loss from written-off inventory 233  
Changes in operating assets and liabilities    
Trade accounts receivable (12,486) (2,949)
Inventory (10,004) (3,551)
Other current assets and non-current assets 1,019 (34)
Trade accounts payable (405) 3,852
Income tax payable 320 386
Other current liabilities and non-current liabilities 2,395 1,973
Net cash provided by operating activities 23,704 30,601
Cash flows from investing activities    
Purchase of marketable securities (53,258) (143,684)
Proceeds from sales of marketable securities 25,709 1,056
Proceeds from maturities of marketable securities 34,460 543
Purchase of property, plant and equipment (26,407) (5,372)
Purchase of intangibles (210) (22)
Proceeds from disposal of property, plant and equipment 58 46
Net cash used in investing activities (19,648) (147,433)
Cash flows from financing activities    
Payment of debt issuance costs (359) (1,746)
Proceeds from revolving loans 18,000  
Repayment of long-term loans from bank (3,000) (3,000)
Proceeds from issuance of ordinary shares under employee share option plans 2,025 415
Withholding tax related to net share settlement of restricted share units (1,711) (293)
Net cash provided by (used in) financing activities 14,955 (4,624)
Net increase (decrease) in cash and cash equivalents 19,011 (121,456)
Movement in cash and cash equivalents    
Cash and cash equivalents at beginning of period 112,978 233,477
Increase (decrease) in cash and cash equivalents 19,011 (121,456)
Effect of exchange rate on cash and cash equivalents (630) (50)
Cash and cash equivalents at end of period 131,359 111,971
Non-cash investing and financing activities    
Construction and equipment-related payables $ 6,657 $ 10,919