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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 03, 2020
Sep. 28, 2019
Cash Flows from Operating Activities    
Net loss $ (138,255) $ (199,876)
Adjustments to reconcile net loss to net cash used in operating activities:    
Provision for doubtful accounts 461 29
Provision for excess and obsolete inventory 14,189 5,163
Depreciation 33,332 43,215
Non-cash lease expense 11,082 17,961
Accelerated depreciation of property and equipment 726 169
Amortization of intangible assets 8,351 6,100
Stock-based compensation 57,877 59,175
Deferred income taxes (11,289) 618
Other 585 (50)
Changes in operating assets and liabilities, net of acquisition:    
Accounts receivable 76,356 68,617
Inventories 21,410 (125,500)
Prepaid expenses and other assets (9,136) 5,880
Income taxes receivable (39,679) 5,992
Accounts payable (23,028) 11,826
Accrued liabilities and other liabilities (66,763) (60,763)
Lease liabilities (14,432) (20,975)
Deferred revenue 13,802 (2,586)
Income taxes payable 1,803 (107)
Net cash used in operating activities (62,608) (185,112)
Cash Flows from Investing Activities    
Purchase of property and equipment (22,419) (26,277)
Purchases of marketable securities (59,735) (287,969)
Sales of marketable securities 0 2,016
Maturities of marketable securities 200,877 322,132
Acquisition, net of cash acquired 0 (2,625)
Net cash provided by investing activities 118,723 7,277
Cash Flows from Financing Activities    
Payment of financing lease liability (1,384) (2,239)
Proceeds from issuance of common stock 2,990 7,044
Taxes paid related to net share settlement of restricted stock units (18,816) (13,495)
Net cash used in financing activities (17,210) (8,690)
Net increase (decrease) in cash and cash equivalents 38,905 (186,525)
Cash and cash equivalents at beginning of period 334,479 473,956
Cash and cash equivalents at end of period $ 373,384 $ 287,431