XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2017
Jan. 01, 2017
Cash flows from operating activities:    
Net income (loss) $ (32,847) $ 80,273
Adjustments:    
Depreciation 19,395 14,940
Amortization of intangible assets 32,004 18,313
Amortization of debt issuance costs and debt discount 11,056 9,928
Assets impairment 0 2,180
Net gain from divestitures 0 675
Stock-based compensation expense, net of amounts capitalized in inventory 38,348 29,602
Deferred income tax 62,622 (7,297)
Changes in assets and liabilities, net of acquisition    
Accounts receivable, net (5,582) (8,596)
Inventories 6,913 8,167
Prepayments and other assets 1,748 201
Accounts payable (4,656) 2,092
Accrued compensation and related expenses 4,277 (21,535)
Deferred income on shipments to distributors 1,536 (1,467)
Income taxes payable and receivable 32,062 121
Other accrued liabilities and long-term liabilities (3,824) 8,240
Net cash provided by operating activities 163,052 134,487
Cash flows from investing activities:    
Business acquisitions, net of cash acquired (237,716) (1,528)
Asset acquisition (12,956) 0
Proceeds from divestitures 0 231
Investment in convertible note 0 1,955
Purchases of property, plant and equipment, net (24,018) (21,388)
Purchases of intangible assets (3,581) (4,896)
Purchase of non-marketable equity security (11,341) 0
Purchases of short-term investments (199,140) (256,163)
Proceeds from sales of short-term investments 93,003 105,529
Proceeds from maturities of short-term investments 33,668 22,776
Net cash used in investing activities (362,081) (157,394)
Cash flows from financing activities:    
Proceeds from issuance of common stock 7,843 14,082
Repurchase of common stock (84,811) (73,481)
Payment of capital lease obligations (935) (1,183)
Proceeds of Initial Term B Loan, net of discount and issuance costs 194,252 0
Payment of Initial Term B Loan principal 1,500 0
Net cash provided by (used in) financing activities 114,849 (60,582)
Effect of exchange rates on cash and cash equivalents 2,426 (2,417)
Net decrease in cash and cash equivalents (81,754) (85,906)
Cash and cash equivalents at beginning of period 214,554 203,231
Cash and cash equivalents at end of period 132,800 117,325
Non-cash investing activities:    
Additions to property, plant and equipment included in accounts payable 1,314 3,030
Conversion of investment in convertible note to ordinary shares of stock 0 (1,955)
Fair value of partially vested employee equity awards related to pre-combination services that were assumed as part of the business acquisition 3,400 0
Additions to intangible assets included in accounts payable and other accrued liabilities 1,446 0
Contingent consideration in connection with the asset acquisition included in other accrued liabilities and other long-term liabilities $ 4,080 $ 0