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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Cash flows from operating activities:    
Net income $ 287,652 $ 468,452
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of software 61,998 42,551
Amortization - others 30,375 22,050
Stock-based compensation 108,822 92,575
Deferred income taxes (10,028) 11,342
Others 3,462 (19,580)
Changes in assets and liabilities:    
Accounts receivable, net (89,468) 5,523
Inventories 22,292 (14,675)
Prepaid expenses and other current assets (995) (1,860)
Other assets (21,530) (12,539)
Accounts payable (3,035) (19,786)
Accrued liabilities 81,781 21
Income taxes payable 21,728 (52,164)
Net cash provided by operating activities 493,054 521,910
Cash flows from investing activities:    
Purchases of available-for-sale securities (2,743,360) (671,515)
Proceeds from sale and maturity of available-for-sale and equity securities 1,231,731 1,458,286
Purchases of property, plant and equipment and software (30,792) (62,842)
Other investing activities (12,198) (5,453)
Acquisition of business, net of cash acquired 0 (454,613)
Net cash provided by (used in) investing activities (1,554,619) 263,863
Cash flows from financing activities:    
Repurchases of common stock (53,682) (477,245)
Taxes paid related to net share settlements of restricted stock units (53,425) (71,778)
Proceeds from issuance of common stock through various stock plans 20,114 19,802
Payment of dividends to stockholders (185,519) (187,445)
Proceeds from issuance of long-term debt, net 744,427 0
Other financing activities (17,277) (9,784)
Net cash provided by (used in) financing activities 454,638 (726,450)
Net increase (decrease) in cash and cash equivalents (606,927) 59,323
Cash and cash equivalents at beginning of period   1,544,490
Cash and cash equivalents at end of period 1,170,776 1,603,813
Supplemental disclosure of cash flow information:    
Interest paid 21,289 30,513
Income taxes paid, net $ 59,145 $ 50,332