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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Apr. 01, 2018
Cash flows from operating activities:    
Net income $ 33,104 $ 37,217
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 12,281 13,194
Depreciation of property, plant, and equipment 5,175 4,430
Amortization of intangible assets 769 769
Amortization of discounts or premiums on investments (1,461) 56
Realized (gain) loss on sale of investments (40) (22)
Revaluation of contingent consideration (985) (442)
Change in deferred income taxes (1,140) (1,469)
Change in operating assets and liabilities:    
Accounts receivable 12,827 24,830
Unbilled revenue (1,890) 3,389
Inventories 4,073 (27,321)
Prepaid expenses and other current assets 3,191 (866)
Operating Lease, Payments, Use 0
Accounts payable 4,245 5,309
Accrued expenses (11,708) (9,927)
Accrued income taxes (3,501) 186
Deferred revenue and customer deposits 6,760 5,877
Other (439) (424)
Net cash provided by operating activities 61,261 54,786
Cash flows from investing activities:    
Purchases of investments (258,596) (118,108)
Maturities and sales of investments 193,572 144,337
Purchases of property, plant, and equipment (5,078) (13,270)
Net cash provided by (used in) investing activities (70,102) 12,959
Cash flows from financing activities:    
Issuance of common stock under stock plans 14,346 11,123
Repurchase of common stock 0 (69,202)
Payment of dividends (8,564) (7,787)
Net cash provided by (used in) financing activities 5,782 (65,866)
Effect of foreign exchange rate changes on cash and cash equivalents 143 1,111
Net change in cash and cash equivalents (2,916) 2,990
Cash and cash equivalents at beginning of period 108,212 106,582
Cash and cash equivalents at end of period $ 105,296 $ 109,572