XML 47 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Statement of Cash Flows [Abstract]    
Net income $ 108,963 $ 124,149
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of intangible assets 101,600 [1] 69,987 [1]
Depreciation and amortization of property and equipment 67,195 60,499
Amortization of debt discount and transaction costs 5,780 0
Stock-based compensation expense 85,991 91,413
Loss (gain) on investments 3,352 (1,032)
Provision for doubtful accounts 1,375 1,066
Provision for product returns 1,187 3,056
Provision for inventory 988 638
Tax effect of stock-based compensation (4,696) 15,112
Excess tax benefit from stock-based compensation (3,004) (11,944)
Deferred income tax benefit (12,399) (25,249)
Effects of exchange rate changes on monetary assets and liabilities denominated in foreign currencies (2,107) 2,936
Other non-cash items 175 220
Total adjustments to reconcile net income to net cash provided by operating activities 245,437 206,702
Changes in operating assets and liabilities, net of the effects of acquisitions:    
Accounts receivable 146,204 137,994
Inventories (1,087) (3,914)
Prepaid expenses and other current assets (8,714) (6,023)
Other assets 4,469 6,607
Income taxes, net (59,377) (58,084)
Accounts payable 2,743 (422)
Accrued expenses and other current liabilities 35,007 6,508
Deferred revenues 18,251 61,078
Other liabilities (480) 1,105
Total changes in operating assets and liabilities, net of the effects of acquisitions 137,016 144,849
Net cash provided by operating activities 491,416 475,700
Investing Activities    
Purchases of available-for-sale investments (1,286,417) (993,242)
Proceeds from sales of available-for-sale investments 872,924 375,349
Proceeds from maturities of available-for-sale investments 210,026 237,880
Purchases of property and equipment (67,141) (66,781)
Proceeds related to cost method investments 2,784 1,500
Purchases of cost method investments (1,427) (2,467)
Cash paid for acquisitions, net of cash acquired (41,342) (324,049)
Cash paid for licensing agreements and product related intangible assets (9,727) (4,494)
Net cash used in investing activities (320,320) (776,304)
Financing Activities    
Proceeds from issuance of common stock under stock-based compensation plans 18,095 34,959
Proceeds from issuance of convertible notes, net of issuance costs 1,415,717 0
Purchase of convertible note hedges (184,288) 0
Proceeds from issuance of warrants 101,775 0
Repayment of acquired debt (3,766) 0
Excess tax benefit from stock-based compensation 3,004 11,944
Stock repurchases, net (1,500,998) (101,036)
Cash paid for tax withholding on vested stock awards (22,840) (24,804)
Other 0 912
Net cash used in financing activities (173,301) (78,025)
Effect of exchange rate changes on cash and cash equivalents 867 (1,827)
Change in cash and cash equivalents (1,338) (380,456)
Cash and cash equivalents at beginning of period 280,740 643,609
Cash and cash equivalents at end of period $ 279,402 $ 263,153
[1] Represents expenses presented to management on a consolidated basis only and not allocated to the operating segments.