XML 19 R8.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 199,424 $ 202,991
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 32,945 28,295
Stock-based compensation 90,337 92,090
Deferred income taxes 32,475 (160)
Other, net 8,467 3,214
Unrealized loss on long term investments 71,482 944
Change in fair value of acquisition-related contingent consideration 9,695 10,158
Changes in operating assets and liabilities:    
Accounts receivable (66,668) 43,824
Prepaid expenses and other assets (25,380) (2,981)
Inventory (37,190) (16,287)
Accounts payable 22,660 23,333
Accrued and other liabilities 51,651 (6,382)
Net cash provided by operating activities 389,898 379,039
Cash flows from investing activities:    
Purchase of long term investments   (8,662)
Sale of long term investments   9,328
Capital expenditures (28,749) (114,390)
Purchases of marketable securities (43,988) (102,288)
Sale and maturities of marketable securities 43,509 107,114
Net cash used in investing activities (29,228) (108,898)
Cash flows from financing activities:    
Proceeds from issuance of common stock under stock plans 37,692 43,669
Tax withholdings related to restricted and performance share vesting (6,854) (12,625)
Payment of finance lease liabilities (1,368) (1,173)
Payment of contingent consideration (13,473) (13,357)
Net cash provided by financing activities 15,997 16,514
Effect of exchange rates on cash, cash equivalents, restricted cash and investments 1,198 (2,159)
Net increase in cash, cash equivalents, restricted cash and investments 377,865 284,496
Cash, cash equivalents, restricted cash and investments at beginning of period 2,059,160 1,514,765
Cash, cash equivalents, restricted cash and investments at end of period 2,437,025 1,799,261
Supplemental Schedule of Cash Flow Information    
Income taxes paid 76,464 35,996
Unpaid purchases of property and equipment 8,952 30,823
Leased assets obtained in exchange for new operating lease liabilities 2,025 7,217
Leased assets obtained in exchange for new finance lease liabilities $ 1,308 $ 408