| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Net Income (Loss) Attributable to Parent | |||||||||||
988,979 | 345,777 | 204,101 | 203,086 | 252,417 | 158,898 | 164,243 | 439,948 | 72,229 | 126,538 | -149,871 | -1,856,715 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
122,789 | 118,721 | 115,524 | 119,588 | 118,165 | 115,634 | 98,308 | 89,217 | 91,648 | 88,335 | 93,139 | 126,489 |
Impairment of goodwill | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,317,200 |
Impairment of intangible and tangible assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 47,069 |
Amortization of debt discount and fees | |||||||||||
1,001 | 1,196 | 1,211 | 1,069 | 9,402 | 20,529 | 25,384 | 23,513 | 29,266 | 25,352 | 20,912 | 18,019 |
Loss on extinguishment of debt | |||||||||||
- | - | - | - | - | - | - | - | - | -5,705 | - | - |
Stock-based compensation | |||||||||||
181,547 | 167,715 | 130,023 | 109,217 | 92,341 | 83,792 | 66,285 | 47,561 | 43,588 | 43,460 | 54,706 | 81,274 |
Loss from equity method investments | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -945 |
(Gain) loss on investments, net | |||||||||||
-4,090 | 2,732 | 9,454 | 4,725 | 2,124 | 4,707 | 5,311 | 6,320 | 15,737 | 5,984 | -4,396 | -15,263 |
Gain on sale of property, plant and equipment | |||||||||||
- | - | - | 923 | 0 | 0 | - | - | - | - | - | - |
Non-cash restructuring and other charges | |||||||||||
- | - | - | - | - | - | - | - | - | 4,086 | -358 | 279 |
Tax impact of convertible notes interest | |||||||||||
- | - | - | - | - | - | - | - | 8,486 | 0 | - | - |
Loss on liquidation of subsidiary | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -9,327 |
Tax benefit from call options | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 4,389 |
Impairment of property, plant and equipment | |||||||||||
- | - | - | - | - | - | - | - | - | 491 | 6,730 | 2,170 |
Write-off of acquired in-process technology | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 600 |
Write-down of investment securities | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 16,653 |
Deferred income taxes | |||||||||||
-576,738 | -11,676 | 79,934 | -4,869 | -13,148 | 12,478 | -2,366 | -240,424 | -7,811 | -64,191 | -3,438 | 198,784 |
Proceeds from the sale of receivables, net | |||||||||||
- | - | - | - | - | - | - | - | - | - | 5,827 | 52,232 |
Recoveries on receivables | |||||||||||
632 | 5,102 | 2,623 | 308 | - | - | - | - | -6,596 | -17,098 | 20,947 | 4,578 |
ROU asset amortization and change in operating lease liabilities | |||||||||||
562 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Other non-cash items | |||||||||||
-428 | -2,607 | -653 | -4,027 | -646 | -6,854 | -3,932 | -3,530 | -3,436 | -1,039 | 759 | 1,622 |
Changes in operating assets and liabilities, net of effect of acquired businesses: | |||||||||||
Receivables | |||||||||||
4,718 | 87,083 | 31,032 | 3,607 | 44,732 | 17,925 | 3,609 | -45,630 | -76,785 | -71,375 | -61,966 | 31,205 |
Current and long-term receivables | |||||||||||
- | - | - | - | - | - | - | - | - | - | -114,346 | -79,635 |
Inventories | |||||||||||
33,024 | -752 | -5,034 | -4,934 | 1,120 | 11,708 | 14,594 | -5,245 | 6,820 | 26,528 | -3,896 | -2,584 |
Prepaid expenses and other | |||||||||||
11,031 | 19,622 | 25,793 | 6,903 | 1,380 | 2,501 | -30,368 | 12,426 | -20,053 | 22,392 | 1,393 | 4,618 |
Other assets | |||||||||||
8,011 | 14,606 | 26,751 | 6,566 | 1,558 | 42,181 | 2,530 | 4,902 | 2,220 | -8,604 | -12,044 | 2,778 |
Accounts payable and accrued liabilities | |||||||||||
33,915 | 1,553 | -25,987 | 2,655 | 15,321 | 3,856 | 41,727 | 17,523 | -46,950 | 60,281 | -94,851 | -42,882 |
Deferred revenue | |||||||||||
27,498 | 100,696 | 33,614 | 30,742 | -27,019 | -11,860 | 2,506 | -69,662 | -13,408 | 62,531 | -95,135 | 25,648 |
Other long-term liabilities | |||||||||||
1,681 | -3,649 | 17,040 | -3,154 | -19,011 | 5,563 | -36,738 | -22,439 | -5,607 | -162,461 | -27,467 | 3,724 |
Net cash provided by operating activities | |||||||||||
729,600 | 604,751 | 470,740 | 444,879 | 378,200 | 316,722 | 367,605 | 315,994 | 240,342 | 199,143 | 25,637 | 70,286 |
Cash flows from investing activities: | |||||||||||
Purchases of available-for-sale securities | |||||||||||
- | - | - | 20,525 | 96,531 | 124,165 | 111,702 | 121,154 | 0 | 0 | - | 62,447 |
Proceeds from the sale of marketable investments | |||||||||||
0 | 0 | 833 | 55,619 | 60,949 | 85,384 | 77,621 | 18,338 | 9,793 | 0 | 4,135 | 56,529 |
Proceeds from the maturity of available-for-sale securities | |||||||||||
- | - | - | 57,762 | 31,316 | 46,612 | 38,706 | 4,150 | 0 | 0 | - | - |
Purchases of non-marketable investments | |||||||||||
33,717 | 115,839 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from the sale of short-term investments | |||||||||||
- | - | - | - | - | - | - | - | - | 317 | - | - |
Proceeds from the sale of non-marketable investments | |||||||||||
2,952 | 3,497 | 9,108 | 2,917 | 4,570 | 1,085 | 6,234 | 74 | 9,791 | 10,276 | - | 4,028 |
Proceeds from the sale of property, plant and equipment | |||||||||||
- | - | - | 923 | 0 | 0 | - | - | - | 900 | 3,864 | - |
Purchases of property, plant and equipment | |||||||||||
74,605 | 61,503 | 57,901 | 53,712 | 44,808 | 39,810 | 44,929 | 35,966 | 31,421 | 34,782 | 41,308 | 97,290 |
Purchases of software licenses | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 2,388 |
Cash paid in business combinations, net of cash acquired | |||||||||||
338 | 0 | 143,249 | 41,627 | 0 | 167,121 | 392,825 | 66,432 | 44,052 | 258,823 | 14,900 | 20,931 |
Investment in venture capital partnerships and equity investments | |||||||||||
- | - | - | - | - | - | - | 250 | 608 | 3,000 | 2,300 | 4,386 |
Net cash used for investing activities | |||||||||||
-105,708 | -173,845 | -191,209 | 1,357 | -44,504 | -198,015 | -426,895 | -201,240 | -56,497 | -285,112 | -50,509 | -126,885 |
Cash flows from financing activities: | |||||||||||
Proceeds from revolving credit facility | |||||||||||
150,000 | 100,000 | 135,000 | 115,000 | 0 | 100,000 | 100,000 | 0 | 0 | - | - | - |
Payment on revolving credit facility | |||||||||||
250,000 | 85,000 | 100,000 | 65,000 | 0 | 100,000 | 100,000 | 0 | 0 | - | - | - |
Proceeds from term loan | |||||||||||
- | - | - | 300,000 | 0 | 348,649 | 0 | 0 | - | - | - | - |
Principal payments on term loan | |||||||||||
0 | 300,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from issuance of 2015 notes | |||||||||||
- | - | - | - | - | - | - | - | - | 350,000 | - | - |
Payment of 2023 Notes | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 230,207 |
Payment of convertible notes | |||||||||||
- | - | - | - | 349,999 | 1 | 144,639 | 0 | 150,000 | 192,364 | - | - |
Payment of convertible notes embedded conversion derivative liability | |||||||||||
- | - | - | - | 530,643 | 1 | 0 | 0 | - | - | - | - |
Proceeds from convertible notes hedges | |||||||||||
- | - | - | - | 530,643 | 1 | 0 | 0 | - | - | - | - |
Principal payments on receivable financing | |||||||||||
- | - | - | - | - | - | 2,526 | 5,776 | -5,842 | -3,540 | -2,467 | -793 |
Proceeds from receivable sale financing | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 17,970 |
Payment of debt issuance costs | |||||||||||
0 | 0 | 793 | 622 | 0 | 6,500 | 0 | 1,372 | 0 | 10,532 | - | - |
Payment of acquisition-related contingent consideration | |||||||||||
- | - | - | - | - | 1,835 | 677 | 39 | 0 | 0 | - | - |
Excess tax benefits from stock-based compensation | |||||||||||
- | - | - | - | 15,591 | 7,583 | 9,034 | 6,061 | 5,549 | -9,458 | 1,383 | 483 |
Purchase of 2015 notes hedges | |||||||||||
- | - | - | - | - | - | - | - | - | 76,635 | - | - |
Proceeds from termination of 2011 and 2013 notes hedges | |||||||||||
- | - | - | - | - | - | - | - | - | 311 | - | - |
Proceeds from sale of 2015 warrants | |||||||||||
- | - | - | - | - | - | - | - | - | 37,450 | - | - |
Proceeds from issuance of common stock | |||||||||||
52,842 | 40,908 | 48,965 | 55,440 | 74,938 | 65,913 | 42,657 | 32,687 | 19,714 | 13,643 | 28,010 | 48,192 |
Stock received for payment of employee taxes on vesting of restricted stock | |||||||||||
90,580 | 69,921 | 57,161 | 37,226 | 33,651 | 24,727 | 20,140 | 15,728 | -14,225 | -8,940 | -5,959 | -5,114 |
Payments for repurchases of common stock | |||||||||||
306,148 | 250,059 | 100,025 | 960,289 | 333,189 | 100,117 | 0 | 0 | - | 39,997 | - | 273,950 |
Change in book overdraft | |||||||||||
0 | -3,867 | 3,867 | 0 | 0 | - | - | - | - | - | - | - |
Net cash provided by (used for) financing activities | |||||||||||
-443,886 | -567,939 | -70,147 | -592,697 | -626,310 | 288,965 | -116,291 | 15,833 | -144,804 | 59,938 | 20,967 | -443,419 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||||
-8,094 | -17,756 | 13,471 | -4,993 | -22,861 | -11,771 | -14,516 | -5,832 | 5,152 | 14,325 | 4,765 | 5,353 |
Increase in cash and cash equivalents | |||||||||||
171,912 | -154,789 | 222,855 | -151,454 | -315,475 | 395,901 | -190,097 | 124,755 | 44,193 | -11,706 | 860 | -494,665 |
Supplemental cash flow information: | |||||||||||
Cash paid for interest | |||||||||||
17,842 | 23,018 | 24,160 | 21,024 | 19,918 | 9,963 | 12,429 | 11,354 | 13,417 | - | - | - |
Cash paid for taxes, net | |||||||||||
41,946 | 68,040 | 59,072 | 36,823 | 29,494 | 26,453 | -3,084 | 18,637 | 18,961 | - | - | - |
Non-cash investing and financing activities: | |||||||||||
Stock options assumed in acquisitions | |||||||||||
- | - | - | - | - | - | 529 | 0 | 1,599 | - | - | - |
Available-for-sale securities received from customer | |||||||||||
- | - | - | - | - | 1,695 | 240 | 20 | 352 | - | - | - |
Receivables related to sales of cost-method investments | |||||||||||
- | - | - | - | - | - | - | 4,911 | 0 | - | - | - |