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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Oct. 01, 2011
Oct. 02, 2010
Cash flows from operating activities:  
Net income$ 280,660$ 329,482
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation27,09424,938
Amortization8,0363,686
Stock-based compensation30,66630,541
Net gain on sale of available-for-sale securities(1,071)(4,198)
Amortization of debt discount on convertible debentures7,7326,266
Derivatives - revaluation and amortization1,091375
Tax benefit from exercise of stock options6,531647
Excess tax benefit from stock-based compensation(7,928)(2,079)
Changes in assets and liabilities:  
Accounts receivable, net70,048(294,031)
Inventories17,271(39,536)
Deferred income taxes30,03462,015
Prepaid expenses and other current assets(7,659)(9,266)
Other assets9,3626,129
Accounts payable(15,067)34,839
Accrued liabilities (including restructuring activities)280(4,218)
Income taxes payable7,457(12,408)
Deferred income on shipments to distributors(27,259)13,476
Net cash provided by operating activities437,278146,658
Cash flows from investing activities:  
Purchases of available-for-sale securities(2,287,016)(1,307,889)
Proceeds from sale and maturity of available-for-sale securities1,514,431920,628
Purchases of property, plant and equipment(31,417)(33,444)
Other investing activities(34,507)(1,000)
Net cash used in investing activities(838,509)(421,705)
Cash flows from financing activities:  
Repurchases of common stock(177,191)(466,309)
Proceeds from issuance of common stock through various stock plans51,89145,554
Payment of dividends to stockholders(100,804)(85,462)
Proceeds from issuance of convertible debts, net of issuance costs0587,644
Purchase of call options0(112,319)
Proceeds from issuance of warrants046,908
Excess tax benefit from stock-based compensation7,9282,079
Net cash provided by (used in) financing activities(218,176)18,095
Net decrease in cash and cash equivalents(619,407)(256,952)
Cash and cash equivalents at beginning of period1,222,359[1]1,031,457
Cash and cash equivalents at end of period602,952774,505
Supplemental disclosure of cash flow information:  
Interest paid18,65110,914
Income taxes paid, net of refunds$ 3,807$ 36,055
[1]Derived from audited financial statements