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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income$ 39,084$ 39,784
Adjustments to reconcile net income to net cash provided by (used in) operating activities:  
Depreciation and amortization10,5667,646
Stock-based compensation expense9,3625,895
Provision (benefit) for deferred income taxes(346)137
Restructuring charges3,119 
Net loss on disposal of assets118 
Changes in operating assets and liabilities, net of assets acquired:  
Accounts receivable(11,684)(54,938)
Inventories(16,028)(31,733)
Other current assets(482)(2,638)
Accounts payable(4,793)6,645
Other current liabilities and accrued expenses(5,796)19,408
Income taxes3,540(7,621)
Non-current assets(8)560
Non-current liabilities 253
Net cash provided by (used in) operating activities26,652(16,602)
CASH FLOWS FROM INVESTING ACTIVITIES:  
Purchase of marketable securities(22,640)(108,104)
Proceeds from sale of marketable securities9,667141,755
Purchase of PV Powered, Inc., net of cash acquired (35,977)
Purchase of property and equipment(14,629)(6,921)
Net cash used in investing activities(27,602)(9,247)
CASH FLOWS FROM FINANCING ACTIVITIES:  
Payments on capital lease obligations(143)(140)
Proceeds from exercise of stock options1,7961,408
Excess tax benefit from stock-based compensation deduction(572) 
Net cash provided by financing activities1,0811,268
EFFECT OF CURRENCY TRANSLATION ON CASH1,208(6,959)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS1,339(31,540)
CASH AND CASH EQUIVALENTS, beginning of period130,914[1]133,106
CASH AND CASH EQUIVALENTS, end of period132,253[2]101,566
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:  
Cash paid for interest3635
Cash paid for income taxes17,86719,442
Cash received for refunds of income taxes7,5221,679
Cash held in banks outside the United States45,23322,891
NONCASH TRANSACTIONS:  
Common stock issued as partial consideration for PV Powered acquisition 14,690
Contingent liability accrued as part of PV Powered acquisition 39,600
Equipment purchased with capital lease$ 26$ 223
[1]Amounts as of December 31, 2010 are derived from the December 31,2010 audited Consolidated Financial Statements.
[2]Amounts as of September 30, 2011 are unaudited.