XML 55 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Cash flows from operating activities:    
Net (loss) income $ (20,256) $ 23,950
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation and amortization 10,271 8,509
Change in deferred income tax provision 17,750 0
Gain on sale or maturity of marketable securities, net (393) (454)
Stock-based compensation 3,678 3,081
Changes in assets and liabilities:    
Accounts receivable, net (23,387) (15,185)
Inventories 162 2,264
Prepaid expenses and other assets (374) 898
Accounts payable and accrued expenses (includes restructuring) (50) (1,286)
Accrued payroll obligations (2,129) (3,361)
Deferred income and allowances on sales to sell-through distributors 1,595 889
Other liabilities 261 (78)
Net cash (used in) provided by operating activities (12,872) 19,227
Cash flows from investing activities:    
Proceeds from sales or maturities of marketable securities 35,309 51,313
Purchase of marketable securities (16,034) (40,823)
Capital expenditures (8,075) (7,307)
Other investing activities, primarily time based software licenses (2,340) (1,560)
Net cash provided by investing activities 8,860 1,623
Cash flows from financing activities:    
Net share settlement upon issuance of RSUs (641) (435)
Purchase of treasury stock (6,970) (7,977)
Net proceeds from issuance of common stock 2,668 4,213
Net cash used in financing activities (4,943) (4,199)
Net (decrease) increase in cash and cash equivalents (8,955) 16,651
Beginning cash and cash equivalents 141,423 174,384
Ending cash and cash equivalents 132,468 191,035
Supplemental disclosures of non-cash investing and financing activities:    
Unrealized loss related to marketable securities, net, included in Accumulated other comprehensive loss (22) (7)
Income taxes paid, net of refunds 382 551
Distribution of deferred compensation from trust assets $ 131 $ 212