| Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 | Mar'09 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net income (loss) | |||||||||
-12,136 | 110,482 | 194,737 | 93,909 | 88,364 | -20,172 | 58,460 | 69,651 | 38,423 | -1,045,167 |
Adjustments: | |||||||||
Depreciation | |||||||||
28,461 | 20,830 | 18,346 | 18,808 | 20,900 | 20,089 | 18,818 | 17,986 | 22,118 | 26,337 |
Amortization of Intangible Assets | |||||||||
46,726 | 23,653 | 15,354 | 6,573 | 24,793 | 20,546 | 16,489 | 19,932 | 21,073 | 79,388 |
Amortization of debt issuance costs and debt discount | |||||||||
14,831 | 13,320 | 5,354 | 0 | 0 | - | - | - | - | - |
Goodwill and acquisition-related intangible asset impairment | |||||||||
- | - | - | - | - | - | - | - | - | 1,025,685 |
Asset impairments | |||||||||
2,016 | 2,180 | 0 | 8,471 | 7,230 | 584 | 0 | 0 | 1,602 | 0 |
Assets impairment | |||||||||
- | - | - | - | - | - | 0 | - | - | - |
Gain on sale of property, plant and equipment | |||||||||
0 | 0 | 325 | 0 | 0 | - | - | - | - | - |
Net gain from divestitures | |||||||||
0 | 675 | 0 | 16,840 | 78,632 | 8,872 | 66,595 | 0 | -78,306 | 0 |
Stock-based compensation expense, net of amounts capitalized in inventory | |||||||||
50,783 | 39,869 | 34,125 | 22,259 | 13,352 | 13,272 | 16,795 | 16,529 | 16,674 | 32,402 |
Other-than-temporary impairment loss on investments | |||||||||
- | - | - | - | - | 1,708 | 2,797 | 0 | 0 | 3,000 |
Acquired in-process research and development | |||||||||
- | - | - | - | - | - | - | - | - | 5,597 |
Deferred income tax | |||||||||
68,907 | -10,587 | -67,277 | -293 | -8 | -3,492 | 90 | 120 | 58 | -1,301 |
Excess tax benefit from stock-based payment arrangements | |||||||||
0 | 0 | 4,475 | 0 | 0 | - | 562 | 1,487 | -432 | 0 |
Changes in assets and liabilities, net of acquisitions: | |||||||||
Accounts receivable, net | |||||||||
4,660 | 16,647 | 1,640 | -5,286 | 6,821 | -2,483 | -21,189 | 12,005 | 13,826 | 28,196 |
Inventories | |||||||||
-2,103 | -861 | -11,719 | -4,412 | -2,935 | -15,510 | 4,802 | 15,280 | -26,244 | 10,171 |
Prepayments and other assets | |||||||||
-4,665 | -500 | -2,705 | 2,337 | -4,348 | -15,921 | 637 | -1,808 | -2,686 | 11,718 |
Accounts payable | |||||||||
-6,229 | 3,934 | 6,527 | 2,314 | -144 | -3,163 | -12,154 | 978 | 8,231 | -17,894 |
Accrued compensation and related expenses | |||||||||
14,224 | -18,895 | -13,312 | 19,306 | 1,847 | -6,933 | -5,767 | 10,357 | 1,807 | -7,964 |
Deferred income on shipments to distributors | |||||||||
-1,985 | -5,021 | -8,688 | 1,688 | -533 | -245 | 1,410 | -5,908 | -123 | -7,774 |
Income taxes payable and receivable | |||||||||
28,856 | 231 | 4,463 | 90 | -888 | 929 | 1,439 | -19,476 | 1,296 | 4,814 |
Other accrued liabilities and long-term liabilities | |||||||||
-4,386 | 4,939 | -5,011 | 8,126 | -1,086 | -4,091 | -13,193 | -8,814 | 3,673 | -3,433 |
Net cash provided by operating activities | |||||||||
232,176 | 168,974 | 192,602 | 171,772 | 75,629 | 44,074 | 33,777 | 74,391 | 52,062 | 143,775 |
Cash flows from investing activities: | |||||||||
Business acquisitions, net of cash acquired | |||||||||
237,716 | 1,528 | 279,138 | 0 | 0 | 68,341 | 1,957 | 6,247 | 85,000 | 20,097 |
Asset acquisition | |||||||||
12,956 | 0 | 0 | - | - | - | - | - | - | - |
Cash in escrow related to acquisitions | |||||||||
0 | 0 | 2,700 | 1,026 | 6,000 | -7,816 | 0 | 1,160 | 0 | 0 |
Proceeds from divestitures | |||||||||
0 | 231 | 0 | 15,300 | 96,299 | 14,237 | 70,242 | 0 | 109,434 | 0 |
Purchases of property, plant and equipment, net | |||||||||
32,600 | 27,055 | 16,286 | 17,765 | 17,448 | 27,854 | 22,396 | 12,510 | 12,927 | 16,591 |
Purchases of intangible assets | |||||||||
3,581 | 4,896 | 10,800 | 0 | 0 | - | 5,000 | 0 | 0 | - |
Investment in convertible note | |||||||||
0 | 1,955 | 0 | 0 | - | - | - | - | - | - |
Purchases of short-term investments | |||||||||
244,977 | 303,722 | 364,029 | 285,817 | 463,283 | 207,576 | 492,672 | 447,032 | 325,510 | 239,609 |
Proceeds from sales of short-term investments | |||||||||
149,878 | 224,028 | 551,289 | 119,070 | 231,890 | 59,850 | 295,908 | 42,613 | 53,635 | 25,166 |
Purchases of non-marketable equity securities | |||||||||
12,841 | 1,245 | 6,020 | 4,000 | 0 | 0 | - | 5,500 | 1,000 | 0 |
Proceeds from sale of non-marketable security | |||||||||
- | - | - | - | - | - | 2,619 | 0 | 0 | - |
Proceeds from maturities of short-term investments | |||||||||
63,472 | 37,679 | 96,771 | 90,344 | 34,422 | 171,709 | 200,743 | 429,413 | 208,639 | 162,397 |
Net cash provided by (used in) investing activities | |||||||||
-331,321 | -78,463 | -25,513 | -81,842 | -112,120 | -65,791 | 47,487 | -423 | -52,729 | -88,734 |
Cash flows from financing activities: | |||||||||
Proceeds from issuance of common stock | |||||||||
12,800 | 17,508 | 19,722 | 21,067 | 46,066 | 17,395 | 16,288 | 15,296 | 7,336 | 13,513 |
Repurchases of common stock | |||||||||
185,309 | 93,507 | 422,262 | 79,245 | 44,005 | 0 | 67,472 | 107,607 | 24,370 | 62,338 |
Proceeds from issuance of senior convertible notes, net of issuance costs | |||||||||
0 | 0 | 363,445 | 0 | 0 | - | - | - | - | - |
Purchase of convertible note hedge | |||||||||
0 | 0 | 94,185 | 0 | 0 | - | - | - | - | - |
Proceeds from issuance of warrants | |||||||||
0 | 0 | 56,847 | 0 | 0 | - | - | - | - | - |
Payment of acquisition related contingent consideration | |||||||||
- | - | - | 1,600 | 5,130 | 0 | 0 | - | - | - |
Payment of capital lease obligations | |||||||||
1,269 | 1,507 | 221 | 0 | 0 | - | - | - | - | - |
Proceeds from Issuance of Senior Long-term Debt | |||||||||
194,252 | 0 | 0 | - | - | - | - | - | - | - |
Repayments of Senior Debt | |||||||||
2,000 | 0 | 0 | - | - | - | - | - | - | - |
Repayment of loans | |||||||||
0 | 0 | -9,437 | 0 | 0 | - | - | - | - | - |
Excess tax benefit from stock-based payment arrangements | |||||||||
0 | 0 | 4,475 | 0 | 0 | - | 562 | 1,487 | 1,824 | 192 |
Net cash provided by (used in) financing activities | |||||||||
18,474 | -77,506 | -81,616 | -59,778 | -3,069 | 17,395 | -50,622 | -90,824 | -15,210 | -48,633 |
Effect of exchange rates on cash and cash equivalents | |||||||||
2,990 | -1,682 | 813 | -4,418 | -66 | 235 | -398 | 1,010 | 367 | -2,358 |
Net increase (decrease) in cash and cash equivalents | |||||||||
-77,681 | 11,323 | 86,286 | 25,734 | -39,626 | -4,087 | 30,244 | -15,846 | -15,510 | 4,050 |
Interest | |||||||||
11,871 | 3,370 | 67 | 27 | 21 | 1,374 | 1,184 | 6 | 7 | 9 |
Fees on prepayment of loans | |||||||||
0 | 0 | 259 | 0 | 0 | - | - | - | - | - |
Income taxes, net of refunds | |||||||||
2,856 | 1,098 | 996 | 1,840 | 1,848 | -84 | -197 | -127 | 1,219 | -4,072 |
Additions to property, plant and equipment included in accounts payable | |||||||||
2,007 | 2,616 | 1,389 | 473 | 223 | 523 | 2,489 | 543 | - | - |
Additions to intangible assets included in accounts payable and other accrued liabilities | |||||||||
1,961 | 0 | 600 | 0 | 0 | - | - | - | - | - |
Fair value of partially vested employee equity awards related to pre-combination services that were assumed as part of the business acquisition | |||||||||
3,400 | 0 | 0 | - | - | - | - | - | - | - |
Conversion of investment in convertible notes to ordinary shares of stock | |||||||||
0 | 1,955 | 2,020 | 0 | 0 | - | - | - | - | - |
Contingent consideration in connection with the asset acquisition included in other accrued liabilities and other long-term liabilities | |||||||||
4,080 | 0 | 0 | - | - | - | - | - | - | - |
Common stock options assumed in connection with the Tundra acquisition | |||||||||
- | - | - | - | - | - | - | - | 721 | - |