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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net income $ 536,112 $ 319,361 $ 251,723
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization and impairment of intangible assets [1] 89,592 239,915 192,325
Depreciation and amortization of property and equipment 159,446 152,964 137,945
Amortization of debt discount and transaction costs 37,085 36,013 23,293
Stock-based compensation expense 184,788 147,368 169,287
Deferred income tax benefit (41,104) (89,378) (36,982)
Excess tax benefit from stock-based compensation (16,049) (5,873) (6,132)
Effects of exchange rate changes on monetary assets and liabilities denominated in foreign currencies 5,189 13,416 5,233
Other non-cash items 11,628 8,740 12,419
Total adjustments to reconcile net income to net cash provided by operating activities 430,575 503,165 497,388
Changes in operating assets and liabilities, net of the effects of acquisitions:      
Accounts receivable (60,636) (7,226) (30,962)
Inventories (4,133) 703 (1,167)
Prepaid expenses and other current assets (12,472) (8,057) (8,133)
Other assets (2,460) (2,550) 1,498
Income taxes, net 49,834 51,994 (79,119)
Accounts payable (20,905) 10,959 40
Accrued expenses and other current liabilities 33,150 49,586 62,195
Deferred revenues 144,439 107,150 146,123
Other liabilities 22,326 9,463 6,395
Total changes in operating assets and liabilities, net of the effects of acquisitions 149,143 212,022 96,870
Net cash provided by operating activities 1,115,830 1,034,548 845,981
Investing Activities      
Purchases of available-for-sale investments (2,238,784) (2,182,831) (2,390,950)
Proceeds from sales of available-for-sale investments 1,294,636 1,745,290 1,694,886
Proceeds from maturities of available-for-sale investments 632,517 637,052 406,334
Proceeds from cost method investments, net 920 6,476 425
Purchases of property and equipment (134,170) (160,825) (165,417)
Cash paid for acquisitions, net of cash acquired (13,242) (256,907) (101,059)
Cash paid for licensing agreements and product related intangible assets (26,342) (11,403) (13,676)
Other 261 (1,267) 0
Net cash used in investing activities (484,204) (224,415) (569,457)
Financing Activities      
Proceeds from issuance of common stock under stock-based compensation plans 41,247 112,285 46,618
Proceeds from issuance of convertible notes, net of issuance costs 0 0 1,415,717
Purchase of convertible note hedges 0 0 (184,288)
Proceeds from issuance of warrants 0 0 101,775
Proceeds from revolving credit facility 0 95,000 0
Repayments on credit facility 0 (95,000) 0
Repayment of acquired debt 0 (7,569) (4,065)
Excess tax benefit from stock-based compensation 16,049 5,873 6,132
Stock repurchases, net (28,689) (755,704) (1,640,885)
Cash paid for tax withholding on vested stock awards (66,638) (46,336) (33,672)
Net cash used in financing activities (38,031) (691,451) (292,668)
Effect of exchange rate changes on cash and cash equivalents (5,157) (10,313) (4,447)
Change in cash and cash equivalents 588,438 108,369 (20,591)
Cash and cash equivalents at beginning of period 368,518 260,149 280,740
Cash and cash equivalents at end of period 956,956 368,518 260,149
Supplemental Cash Flow Information      
Cash paid for income taxes 64,361 45,827 130,502
Cash paid for interest $ 7,847 $ 8,215 $ 5,027
[1] Represents expenses presented to management on a consolidated basis only and not allocated to the operating segments.