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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2017
Jul. 03, 2016
Cash flows from operating activities:    
Net income $ 101,727 $ 57,644
Adjustments to reconcile net income to net cash provided by operating activities:    
(Gain) loss on sale of discontinued business 0 255
Stock-based compensation expense 15,329 11,261
Depreciation of property, plant, and equipment 6,288 5,577
Amortization of intangible assets 1,740 1,862
Amortization of discounts or premiums on investments 171 204
Realized (gain) loss on sale of investments (107) (128)
Revaluation of contingent consideration (151) (463)
Change in deferred income taxes 2,998 (2,943)
Accounts receivable (18,841) (17,737)
Unbilled revenue (3,315) (25,507)
Inventories (7,711) 11,964
Prepaid expenses and other current assets (27,717) (7,449)
Accounts payable 11,814 6,224
Accrued expenses (157) 1,762
Accrued income taxes (566) 2,245
Deferred revenue and customer deposits 9,110 3,998
Other 8 542
Net cash provided by operating activities 90,620 49,311
Cash flows from investing activities:    
Purchases of investments (304,611) (455,915)
Maturities and sales of investments 279,654 427,196
Purchases of property, plant, and equipment (12,172) (5,347)
Cash paid for acquisition of businesses, net of cash acquired (25,519) 0
Net cash provided by (used in) investing activities (291) (113)
Net cash provided by (used in) investing activities (62,939) (34,179)
Cash flows from financing activities:    
Issuance of common stock under stock plans 35,050 8,700
Repurchase of common stock (62,343) (8,718)
Payment of dividends (13,864) (12,335)
Payment of contingent consideration 0 (337)
Net cash provided by (used in) financing activities (41,157) (12,690)
Effect of foreign exchange rate changes on cash and cash equivalents 2,101 512
Net change in cash and cash equivalents (11,375) 2,954
Cash and cash equivalents at beginning of period 79,641 51,975
Cash and cash equivalents at end of period $ 68,266 $ 54,929