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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 29, 2023
Dec. 30, 2022
Cash flows from operating activities    
Net income for the period $ 134,199 $ 127,772
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 24,186 21,596
(Gain) loss on disposal and impairment of property, plant and equipment and intangibles (111) (337)
(Gain) loss from sales and maturities of available-for-sale securities (1) 92
Amortization of discount (premium) of short-term investments (1,397) 565
(Reversal of) allowance for expected credit losses 1,776 251
Unrealized loss (gain) on exchange rate and fair value of foreign currency forward contracts 3,287 3,086
Amortization of fair value at hedge inception of interest rate swaps (154) (346)
Share-based compensation 14,714 14,498
Deferred income tax 1,117 (1,338)
Other non-cash expenses 90 (305)
Changes in operating assets and liabilities    
Trade accounts receivable (53,873) (80,054)
Inventories 104,818 20,475
Other current assets and non-current assets (16,360) (11,837)
Trade accounts payable (6,980) (4,176)
Income tax payable 1,531 (577)
Severance liabilities 1,395 1,269
Other current liabilities and non-current liabilities 20,977 14,466
Net cash provided by operating activities 229,214 105,100
Cash flows from investing activities    
Purchase of short-term investments (164,971) (74,482)
Proceeds from sales of short-term investments 10,000 30,000
Proceeds from maturities of short-term investments 72,824 46,925
Purchase of property, plant and equipment (21,236) (23,643)
Purchase of intangibles (518) (412)
Proceeds from disposal of property, plant and equipment 2,048 32
Net cash used in investing activities (101,853) (21,580)
Cash flows from financing activities    
Repayment of long-term borrowings (6,094) (9,140)
Repayment of finance lease liability 0 (5)
Repurchase of ordinary shares (6,372) (5,104)
Withholding tax related to net share settlement of restricted share units (12,352) (16,796)
Net cash used in financing activities (24,818) (31,045)
Net increase (decrease) in cash, cash equivalents and restricted cash 102,543 52,475
Movement in cash, cash equivalents and restricted cash    
Cash, cash equivalents and restricted cash at the beginning of period 231,368 198,365
Increase (decrease) in cash, cash equivalents and restricted cash 102,543 52,475
Effect of exchange rate on cash, cash equivalents and restricted cash 142 (11)
Cash, cash equivalents and restricted cash at the end of period 334,053 250,829
Non-cash investing and financing activities    
Construction, software and equipment-related payables $ 12,983 $ 18,920