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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 23, 2023
Sep. 24, 2022
Cash flows from operating activities:    
Net income $ 91,007 $ 126,895
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 23,551 33,734
Stock-based compensation expense 44,046 38,621
Deferred income taxes (8,601) (4,456)
Loss on retirement or write-off of long-lived assets 64 303
Other non-cash adjustments 1,608 185
Restructuring and related costs 2,319 0
Net change in operating assets and liabilities:    
Accounts receivable (121,606) (64,282)
Inventories (95,480) (26,135)
Prepaid wafers 21,058 0
Other assets (6,291) (1,942)
Accounts payable and other accrued liabilities (78) (6,098)
Income taxes payable 7,220 7,201
Acquisition-related liabilities (21,361) 6,328
Net cash provided by (used in) operating activities (62,544) 110,354
Cash flows from investing activities:    
Maturities and sales of available-for-sale marketable securities 18,242 6,655
Purchases of available-for-sale marketable securities (21,191) (6,036)
Purchases of property, equipment and software (20,780) (16,987)
Investments in technology (57) (484)
Net cash used in investing activities (23,786) (16,852)
Cash flows from financing activities:    
Issuance of common stock, net of shares withheld for taxes 560 1,131
Repurchase of stock to satisfy employee tax withholding obligations (3,129) (3,022)
Repurchase and retirement of common stock (79,080) (106,382)
Net cash used in financing activities (81,649) (108,273)
Net decrease in cash and cash equivalents (167,979) (14,771)
Cash and cash equivalents at beginning of period 445,784 369,814
Cash and cash equivalents at end of period $ 277,805 $ 355,043