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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net income for the period $ 215,115 $ 187,127
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 36,602 32,504
Non-cash restructuring charges and other related costs 0 2,201
(Gain) loss on disposal and impairment of property, plant and equipment and intangibles (147) (1,630)
(Gain) loss from sales and maturities of available-for-sale securities (1) 92
Amortization of discount (premium) of short-term investments (2,317) 300
(Reversal of) allowance for expected credit losses 1,874 (240)
Unrealized loss (gain) on exchange rate and fair value of foreign currency forward contracts (2,135) 693
Amortization of fair value at hedge inception of interest rate swaps (198) (478)
Share-based compensation 21,440 21,217
Deferred income tax 1,125 (276)
Other non-cash expenses 194 (127)
Changes in operating assets and liabilities    
Trade accounts receivable (54,089) (105,932)
Inventories 65,442 2,720
Other current assets and non-current assets (33,548) (11,704)
Trade accounts payable 48,268 (5,028)
Income tax payable (1,068) (262)
Severance liabilities 2,249 1,917
Other current liabilities and non-current liabilities 31,278 19,128
Net cash provided by operating activities 330,084 142,222
Cash flows from investing activities    
Purchase of short-term investments (268,461) (154,033)
Proceeds from sales of short-term investments 10,000 30,179
Proceeds from maturities of short-term investments 173,120 97,408
Purchase of property, plant and equipment (34,825) (43,422)
Purchase of intangibles (768) (698)
Proceeds from disposal of property, plant and equipment 2,319 117
Net cash used in investing activities (118,615) (70,449)
Cash flows from financing activities    
Repayment of long-term borrowings (9,141) (12,187)
Repayment of finance lease liability 0 (7)
Repurchase of ordinary shares (35,943) (9,217)
Withholding tax related to net share settlement of restricted share units (12,716) (17,740)
Net cash used in financing activities (57,800) (39,151)
Net increase (decrease) in cash, cash equivalents and restricted cash 153,669 32,622
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 153,669 32,622
Effect of exchange rate on cash, cash equivalents and restricted cash 74 (244)
Cash, cash equivalents and restricted cash at the end of period 385,111 230,743
Non-cash investing and financing activities    
Construction, software and equipment-related payables $ 9,229 $ 20,116