| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | ||||||||||||
Net income | ||||||||||||
1,381,800 | 1,125,000 | 670,900 | 738,300 | 588,800 | 418,800 | 671,000 | 656,600 | 495,100 | 381,800 | 232,600 | 204,300 | 144,537 |
Depreciation and loss on disposal of property, plant, and equipment | ||||||||||||
160,000 | 108,600 | 86,200 | 73,900 | 65,100 | 52,000 | 46,000 | 34,700 | 28,700 | 23,700 | 19,000 | 14,600 | 11,011 |
Amortization of intangible assets | ||||||||||||
43,000 | 14,200 | 12,900 | 18,200 | 24,400 | 22,400 | 21,300 | 23,100 | 17,800 | 16,700 | 15,600 | 10,500 | 2,016 |
Loss (gain) on investments, accretion, and amortization, net | ||||||||||||
6,000 | -1,800 | -21,200 | -35,900 | -26,400 | -33,900 | -36,800 | -33,100 | -22,600 | -17,800 | - | - | - |
Gain on sale of investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 4,075 |
Income tax benefits related to an acquisition | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 7,500 |
Deferred income taxes | ||||||||||||
8,000 | -31,900 | -60,200 | -20,900 | -4,600 | 35,000 | 38,500 | 20,800 | -7,100 | -21,500 | -15,600 | -20,600 | 3,913 |
Income tax benefits from employee stock plans | ||||||||||||
- | - | - | 29,800 | 21,500 | 13,900 | 34,500 | 93,900 | 48,600 | 57,900 | 23,600 | 55,900 | 65,391 |
Excess tax benefit from employee stock plans | ||||||||||||
- | - | - | - | - | 24,000 | 38,000 | 94,200 | 58,800 | 65,200 | 25,100 | 53,300 | 62,868 |
Share-based compensation expense | ||||||||||||
335,800 | 261,200 | 209,100 | 177,600 | 167,900 | 168,900 | 168,900 | 153,300 | 136,400 | 117,600 | 97,000 | 76,600 | 36,292 |
Amortization of contract acquisition assets | ||||||||||||
13,100 | 10,600 | 10,900 | 10,100 | - | - | - | - | - | - | - | - | - |
Other non-cash items | ||||||||||||
- | - | - | - | - | - | - | - | - | - | -7,100 | - | - |
Changes in operating assets and liabilities, net of effects of acquisition: | ||||||||||||
Accounts receivable | ||||||||||||
-38,800 | 161,300 | 81,400 | 34,200 | 79,200 | 13,700 | -68,900 | 68,900 | 51,100 | 41,500 | 35,300 | 39,700 | 35,687 |
Inventory | ||||||||||||
360,500 | 279,000 | 115,500 | 46,700 | 10,700 | 26,800 | 70,000 | 7,100 | 25,300 | 29,200 | -5,900 | 31,100 | 8,213 |
Prepaids and other assets | ||||||||||||
116,900 | 77,700 | 38,900 | 39,200 | 10,500 | 67,600 | 5,000 | 37,100 | 9,400 | -1,100 | 6,300 | -4,000 | 6,771 |
Accounts payable | ||||||||||||
12,300 | 16,700 | 14,000 | 15,900 | -11,300 | 17,700 | -8,900 | 8,400 | 10,300 | 8,100 | 7,000 | -9,200 | 18,646 |
Accrued compensation and employee benefits | ||||||||||||
57,400 | 26,200 | 31,200 | 18,700 | 21,500 | 21,400 | -33,300 | 21,000 | 19,600 | 13,800 | 12,800 | 6,900 | 8,802 |
Deferred revenue | ||||||||||||
35,500 | 54,300 | 43,700 | 14,100 | 8,200 | 19,800 | 15,200 | 30,500 | 28,100 | 26,500 | 21,300 | 24,600 | 17,306 |
Other liabilities | ||||||||||||
11,900 | 37,100 | 219,400 | 53,700 | -10,500 | 63,400 | 11,100 | -12,300 | 7,900 | 38,200 | 32,600 | 34,700 | 7,887 |
Net cash provided by operating activities | ||||||||||||
1,598,200 | 1,169,600 | 1,143,900 | 1,087,000 | 806,200 | 665,100 | 880,000 | 814,200 | 677,600 | 545,800 | 392,200 | 278,200 | 205,687 |
Investing activities: | ||||||||||||
Purchase of investments | ||||||||||||
3,346,200 | 2,581,900 | 1,995,000 | 2,585,500 | 1,827,400 | 1,344,600 | 1,443,700 | 1,833,900 | 1,532,200 | 1,385,400 | 764,500 | 732,700 | 688,345 |
Proceeds from Sale of Investments | ||||||||||||
107,300 | 274,000 | 1,861,300 | 389,900 | 233,100 | 665,900 | 984,900 | 329,800 | 444,300 | 589,300 | - | - | - |
Proceeds from maturities of investments | ||||||||||||
2,569,800 | 1,533,600 | 703,100 | 970,100 | 825,800 | 714,700 | 822,400 | 800,200 | 691,800 | 397,800 | - | - | - |
Proceeds from sales and maturities of investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 518,400 | 534,200 | 475,952 |
Purchase of property, plant, and equipment and intellectual property | ||||||||||||
425,600 | 187,400 | 190,700 | 53,900 | 81,000 | 105,600 | 104,600 | 114,200 | 82,900 | 96,000 | 53,400 | 106,000 | 24,007 |
Acquisition of businesses, net of cash | ||||||||||||
59,700 | 87,900 | 0 | 0 | - | 84,300 | 0 | 27,600 | - | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||||||
-1,154,400 | -1,049,600 | 378,700 | -1,279,400 | -849,500 | -153,900 | 259,000 | -845,700 | -479,000 | -494,300 | -299,500 | -304,500 | -236,400 |
Financing activities: | ||||||||||||
Proceeds from issuance of common stock relating to employee stock plans | ||||||||||||
272,800 | 236,600 | 415,500 | 580,900 | 361,100 | 283,600 | 160,600 | 263,300 | 260,600 | 141,100 | 58,700 | 44,700 | 55,979 |
Excess tax benefit from employee stock plans | ||||||||||||
- | - | - | - | - | 24,000 | 38,000 | 94,200 | 58,800 | 65,200 | 25,100 | 53,300 | 62,868 |
Taxes paid related to net share settlement of equity awards | ||||||||||||
159,100 | 120,000 | 56,600 | 24,000 | 11,000 | 0 | 0 | - | - | - | - | - | - |
Repurchase of common stock | ||||||||||||
269,500 | 0 | 2,274,000 | 42,500 | 183,700 | 1,000,000 | 1,109,200 | 238,300 | 331,800 | 198,600 | 150,000 | 0 | 0 |
Capital contribution from noncontrolling interest | ||||||||||||
10,000 | 10,000 | 2,000 | - | - | - | - | - | - | - | - | - | - |
Payment of deferred purchase consideration | ||||||||||||
22,600 | 300 | 0 | - | - | - | - | - | - | - | - | - | - |
Other financing activities | ||||||||||||
- | - | - | 0 | -7,300 | 0 | 0 | - | - | - | - | - | - |
Net cash provided by (used in) financing activities | ||||||||||||
-168,400 | 126,300 | -1,913,100 | 514,400 | 159,100 | -692,400 | -910,600 | 119,200 | -12,400 | 7,700 | -66,200 | 98,000 | 118,847 |
Effect of exchange rate changes on cash, cash equivalents, and restricted cash | ||||||||||||
-2,200 | -100 | 2,100 | 0 | -1,500 | -600 | 0 | 200 | -200 | -800 | 300 | 100 | 301 |
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total | ||||||||||||
273,200 | 246,200 | -388,400 | 322,000 | 114,300 | -181,800 | 228,400 | 87,900 | 186,000 | 58,400 | 26,800 | 71,800 | 88,435 |
Supplemental cash flow information: | ||||||||||||
Income taxes paid | ||||||||||||
- | - | - | - | - | - | - | - | 152,000 | 124,400 | 129,100 | 61,500 | 11,300 |