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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 24, 2022
Sep. 25, 2021
Cash flows from operating activities:    
Net income $ 126,895 $ 102,305
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 33,734 27,710
Stock-based compensation expense 38,621 31,536
Deferred income taxes (4,456) (8,976)
Loss on retirement or write-off of long-lived assets 303 331
Other non-cash adjustments 185 200
Net change in operating assets and liabilities:    
Accounts receivable, net (64,282) (165,529)
Inventories (26,135) (7,422)
Prepaid wafers 0 (195,000)
Other assets (1,942) (101,368)
Accounts payable and other accrued liabilities (6,098) 280,941
Income taxes payable 7,201 4,320
Acquisition-related liabilities 6,328 33,329
Net cash provided by operating activities 110,354 2,377
Cash flows from investing activities:    
Maturities and sales of available-for-sale marketable securities 6,655 357,636
Purchases of available-for-sale marketable securities (6,036) (68,163)
Purchases of property, equipment and software (16,987) (14,728)
Investments in technology (484) (3,102)
Acquisition of business, net of cash obtained 0 (275,642)
Net cash used in investing activities (16,852) (3,999)
Cash flows from financing activities:    
Debt issuance costs 0 (1,716)
Issuance of common stock, net of shares withheld for taxes 1,131 3,203
Repurchase of stock to satisfy employee tax withholding obligations (3,022) (2,785)
Repurchase and retirement of common stock (106,382) (52,503)
Net cash used in financing activities (108,273) (53,801)
Net decrease in cash and cash equivalents (14,771) (55,423)
Cash and cash equivalents at beginning of period 369,814 442,164
Cash and cash equivalents at end of period $ 355,043 $ 386,741