XML 22 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Jan. 02, 2016
Cash flows from operating activities:      
Net income $ 65,077 $ 51,417 $ 50,519
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 61,291 57,172 47,630
Stock-based compensation 15,763 11,961 10,290
Net loss on disposals and impairments of assets 249 27 190
Excess tax benefits from stock-based compensation 0 (517) (2,182)
Deferred income taxes 2,042 (1,640) 11,924
Gain on sale of non-marketable equity securities 0 0 (6,891)
Changes in operating assets and liabilities, net of effect of acquisition:      
Accounts receivable 393 9,297 (9,259)
Inventories (9,272) 11,574 (33,065)
Income taxes 1,697 25,119 (13,943)
Prepaid expenses and other assets (12,405) (2,195) 8,680
Accounts payable 21,779 (4,965) 19,130
Customer prepayments 1,560 (25,266) 22,735
Accrued compensation and benefits 15,398 2,808 (17,493)
Other taxes and withholding (893) 2,723 135
Other accruals and liabilities 9,928 14,130 19,542
Net cash provided by operating activities 172,607 151,645 107,942
Cash flows from investing activities:      
Purchases of property and equipment (59,829) (57,852) (85,586)
Decrease in restricted cash 3,150 0 0
Proceeds from sales of property and equipment 36 92 72
Proceeds from marketable debt securities 0 21,053 127,664
Investments in marketable debt securities 0 (5,968) (29,299)
Acquisition of business 0 0 (70,018)
Proceeds from non-marketable equity securities 0 0 12,891
Net cash used in investing activities (56,643) (42,675) (44,276)
Cash flows from financing activities:      
Repurchases of common stock (155,245) (126,693) (100,201)
Net increase in short-term borrowings 28,094 5,932 1,097
Proceeds from issuance of common stock 3,241 2,298 2,976
Debt issuance costs (12) (409) (721)
Excess tax benefits from stock-based compensation 0 517 2,182
Net cash used in financing activities (123,922) (118,355) (94,667)
Net decrease in cash and cash equivalents (7,958) (9,385) (31,001)
Cash and cash equivalents, at beginning of period 11,609 20,994 51,995
Cash and cash equivalents, at end of period 3,651 11,609 20,994
Supplemental Cash Flow Information [Abstract]      
Income taxes paid (received) 22,807 (653) 26,681
Interest paid 753 608 96
Purchases of property and equipment included in accounts payable $ 3,964 $ 5,517 $ 5,051