XML 18 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 03, 2016
Mar. 29, 2015
Cash flows from operating activities:    
Net income $ 22,902 $ 28,012
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 6,793 5,981
Amortization 3,655 2,890
Stock-based compensation 5,839 5,949
Loss on disposals of property, plant and equipment and other (1) (133)
Income taxes (receivable) payable, net (13,881) 2,148
Deferred income taxes 2,941 (2,099)
Decrease (increase), net of acquisitions, in:    
Receivables, net 11,126 (14,386)
Inventories 1,955 (3,876)
Other assets (19,031) 2,185
Increase (decrease), net of acquisitions, in:    
Accounts payable 1,038 (783)
Accrued payroll liabilities (6,353) (6,313)
Accrued warranty reserves 250 496
Deferred revenue 12,522 8,452
Accrued restructuring and reorganization (164) (4,958)
Other liabilities (1,450) (441)
Net cash provided by operating activities 28,141 23,124
Cash flows from investing activities:    
Decrease in restricted cash 4,265 2,372
Acquisition of property, plant and equipment (6,140) (5,192)
Payments for acquisitions, net of cash acquired 0 (5,377)
Purchase of investments in marketable securities 0 (44,240)
Redemption of investments in marketable securities 0 36,619
Other (236) (68)
Net cash used in investing activities (2,111) (15,886)
Cash flows from financing activities:    
Dividends paid on common stock (12,260) (10,450)
Withholding taxes paid on issuance of vested restricted stock units (510) (1,114)
Proceeds from exercise of stock options and employee stock purchases 2,826 3,705
Excess tax benefit for share based payment arrangements 99 431
Repurchases of common stock (943) (8,296)
Net cash used in financing activities (10,788) (15,724)
Effect of exchange rate changes 11,923 (23,765)
Increase (decrease) in cash and cash equivalents 27,165 (32,251)
Cash and cash equivalents:    
Beginning of period 300,911 300,507
End of period 328,076 268,256
Supplemental Cash Flow Information:    
Cash paid for income taxes, net 16,678 5,942
Cash paid for interest 376 59
Increase (decrease) in fixed assets related to transfers from inventories 2,394 (901)
Dividends declared but not paid 12,258 10,450
Accrued purchases of plant and equipment 1,192 398
Accrued repurchases of common stock $ 0 $ 1,785