XML 38 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Apr. 04, 2014
Mar. 29, 2013
Cash flow from operating activities:    
Net income $ 68,125 $ 48,932
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 7,520 6,193
Amortization expense 40,569 39,332
Provision for doubtful accounts 516 65
Deferred income taxes (1,454) (11,809)
Stock-based compensation 10,112 8,818
Income from equity method investments (3,463) (4,257)
Gain on an equity sale (15,091) 0
Excess tax benefit for stock-based compensation (10,211) (4,784)
Provision for excess and obsolete inventories 1,089 584
Other non-cash items (728) 104
Add decrease (increase) in assets:    
Accounts receivable (61,875) (61,956)
Other receivables (1,661) 5,027
Inventories (13,395) (20,218)
Other current and non-current assets (2,224) (10,867)
Add increase (decrease) in liabilities:    
Accounts payable 10,487 (6,081)
Accrued compensation and benefits (11,503) (12,037)
Deferred revenue 47,077 51,964
Accrued warranty expense 382 439
Other liabilities 19,123 7,939
Net cash provided by operating activities 83,395 37,388
Cash flow from investing activities:    
Acquisitions of businesses, net of cash acquired (10,961) (65,192)
Acquisitions of property and equipment (13,574) (14,927)
Dividends received from equity method investments 12,443 1,284
Other (2,050) 2,430
Net cash used in investing activities (14,142) (76,405)
Cash flow from financing activities:    
Issuances of common stock, net of tax withholding 32,465 14,437
Excess tax benefit for stock-based compensation 10,211 4,784
Proceeds from debt and revolving credit lines 17,000 113,000
Payments on debt and revolving credit lines (110,805) (103,981)
Net cash provided by (used in) financing activities (51,129) 28,240
Effect of exchange rate changes on cash and cash equivalents (125) (3,442)
Net increase (decrease) in cash and cash equivalents 17,999 (14,219)
Cash and cash equivalents, beginning of period 147,227 157,771
Cash and cash equivalents, end of period $ 165,226 $ 143,552