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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Oct. 03, 2020
Sep. 28, 2019
OPERATING ACTIVITIES:    
Net income $ 14.3 $ 6.8
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation expense 8.8 9.8
Amortization of acquired technologies and other intangibles 16.7 17.1
Stock-based compensation 12.5 10.3
Amortization of debt issuance costs and accretion of debt discount 5.9 5.5
Net change in fair value of contingent liabilities 0.0 1.7
Other 0.6 0.6
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 19.7 0.5
Inventories (3.4) (3.4)
Other current and non-currents assets (3.2) (1.7)
Accounts payable (8.5) (1.6)
Income taxes payable 2.5 2.0
Deferred revenue, current and non-current 4.0 (4.1)
Deferred taxes, net (1.0) (1.3)
Accrued payroll and related expenses (1.4) 3.8
Accrued expenses and other current and non-current liabilities (3.6) (14.7)
Net cash provided by operating activities 63.9 31.3
INVESTING ACTIVITIES:    
Capital expenditures (8.0) (7.1)
Proceeds from the sale of assets 0.5 1.2
Net cash used in investing activities (7.5) (5.9)
FINANCING ACTIVITIES:    
Payment of debt issuance costs (0.1) 0.0
Repurchase and retirement of common stock (6.7) (1.5)
Withholding tax payment on vesting of restricted stock awards (9.3) (7.6)
Payment of financing obligations (0.4) (1.0)
Proceeds from employee stock purchase plan 3.5 2.3
Payment of debt assumed in acquisition (2.8) 0.0
Net cash used in financing activities (15.8) (7.8)
Effect of exchange rates on cash, cash equivalents and restricted cash 11.2 (14.4)
Net increase (decrease) in cash, cash equivalents and restricted cash 51.8 3.2
Cash, cash equivalents and restricted cash at the beginning of the period 599.2 533.6
Cash, cash equivalents and restricted cash at the end of the period [1] $ 547.4 $ 530.4
[1] These amounts include both current and non-current balances of restricted cash totaling $8.4 million and $8.3 million as of October 3, 2020 and September 28, 2019, respectively.