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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Apr. 01, 2018
Apr. 02, 2017
Apr. 03, 2016
Cash flows from operating activities:      
Net income (loss) $ (12,136) $ 110,482 $ 194,737
Adjustments:      
Depreciation 28,461 20,830 18,346
Amortization of intangible assets 46,726 23,653 15,354
Amortization of debt issuance cost and debt discount 14,831 13,320 5,354
Asset impairments 2,016 2,180 0
Gain on sale of property, plant and equipment 0 0 (325)
Net gain from divestitures 0 (675) 0
Stock-based compensation expense, net of amounts capitalized in inventory 50,783 39,869 34,125
Deferred income tax 68,907 (10,587) (67,277)
Excess tax benefit from stock-based payment arrangements 0 0 (4,475)
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable, net (4,660) (16,647) (1,640)
Inventories 2,103 861 11,719
Prepayments and other assets 4,665 500 2,705
Accounts payable (6,229) 3,934 6,527
Accrued compensation and related expenses 14,224 (18,895) (13,312)
Deferred income on shipments to distributors (1,985) (5,021) (8,688)
Income taxes payable and receivable 28,856 231 4,463
Other accrued liabilities and long-term liabilities (4,386) 4,939 (5,011)
Net cash provided by operating activities 232,176 168,974 192,602
Cash flows from investing activities:      
Business acquisitions, net of cash acquired (237,716) (1,528) (279,138)
Asset acquisition (12,956) 0 0
Cash in escrow related to acquisitions 0 0 2,700
Proceeds from divestitures 0 231 0
Purchases of property, plant and equipment, net (32,600) (27,055) (16,286)
Purchases of intangible assets (3,581) (4,896) (10,800)
Investment in convertible note 0 (1,955) 0
Purchases of non-marketable equity securities (12,841) (1,245) (6,020)
Purchases of short-term investments (244,977) (303,722) (364,029)
Proceeds from sales of short-term investments 149,878 224,028 551,289
Proceeds from maturities of short-term investments 63,472 37,679 96,771
Net cash used in investing activities (331,321) (78,463) (25,513)
Cash flows from financing activities:      
Proceeds from issuance of common stock 12,800 17,508 19,722
Repurchases of common stock (185,309) (93,507) (422,262)
Proceeds from issuance of senior convertible notes, net of issuance costs 0 0 363,445
Purchase of convertible note hedge 0 0 (94,185)
Proceeds from issuance of warrants 0 0 56,847
Payment of capital lease obligations (1,269) (1,507) (221)
Proceeds of Initial Term B Loan, net of discount and issuance costs 194,252 0 0
Repayment of loans (2,000) 0 0
Repayment of loans 0 0 (9,437)
Excess tax benefit from stock-based payment arrangements 0 0 4,475
Net cash provided by (used in) financing activities 18,474 (77,506) (81,616)
Effect of exchange rates on cash and cash equivalents 2,990 (1,682) 813
Net increase (decrease) in cash and cash equivalents (77,681) 11,323 86,286
Cash and cash equivalents at beginning of period 214,554 203,231 116,945
Cash and cash equivalents at end of period 136,873 214,554 203,231
Cash paid for:      
Interest 11,871 3,370 67
Fees on prepayment of loans 0 0 259
Income taxes, net of refunds 2,856 1,098 996
Non-cash investing and financing activities:      
Additions to property, plant and equipment included in accounts payable 2,007 2,616 1,389
Additions to intangible assets included in accounts payable, other accrued liabilities and other long-term liabilities 1,961 0 600
Conversion of investment in convertible notes to ordinary shares of stock 0 (1,955) (2,020)
Contingent consideration in connection with the asset acquisition included in other accrued liabilities and other long-term liabilities 4,080 0 0
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 $ 0