| Feb'20 | Feb'19 | Feb'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 | Jan'09 | Jan'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||
Net income (loss) | ||||||||||||
1,584,391 | -179,094 | 520,831 | 21,151 | -811,400 | 435,346 | 315,320 | 306,585 | 615,091 | 904,129 | 353,456 | 147,242 | -114,427 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
156,658 | 123,983 | 83,487 | 107,851 | 100,176 | 106,248 | 102,752 | 91,028 | 88,454 | 93,190 | 99,214 | 112,824 | 105,812 |
Share-based compensation | ||||||||||||
242,207 | 184,064 | 86,689 | 113,970 | 133,779 | 137,246 | 155,873 | 127,280 | 119,863 | 118,405 | 126,599 | 177,132 | 230,980 |
Amortization and write off of acquired intangible assets | ||||||||||||
368,100 | 183,300 | 3,600 | 10,641 | 12,688 | 18,337 | 44,006 | 52,700 | 49,357 | 79,538 | 107,534 | 153,323 | 155,734 |
Amortization of inventory fair value adjustment associated with acquisitions | ||||||||||||
55,826 | 223,372 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Amortization of deferred debt issuance costs and debt discounts | ||||||||||||
6,763 | 11,354 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Restructuring related impairment charges (gain) | ||||||||||||
17,571 | -200 | -4,561 | 52,581 | 16,032 | 17 | 61 | - | - | 1,140 | 3,986 | - | - |
Gain on equity investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Gain from investments in privately-held companies | ||||||||||||
- | - | - | - | -3,503 | 8,829 | -1,500 | - | - | - | - | - | - |
Loss (gain) from write-off and disposition of assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 1,822 |
Amortization of premium /discount on available-for-sale securities | ||||||||||||
- | - | - | -3,319 | -8,112 | 3,582 | -7,916 | - | - | - | - | - | 0 |
Fair market value adjustment to aquired inventory sold | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -15,359 | -109,262 |
Excess tax benefits from share-based compensation | ||||||||||||
- | - | - | 37 | 26 | 145 | 20 | 58 | 164 | 899 | 677 | 365 | 278 |
Termination of supply contract | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 22,069 |
Interest expense related to supply contract | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 5,833 |
Deferred income taxes | ||||||||||||
-785,158 | 118,647 | 19,825 | 44,637 | 6,096 | -12,913 | 3,919 | 7,026 | -3,245 | 4,113 | 13,356 | -17,468 | -13,783 |
Loss (gain) on sale of business and discontinued operations | ||||||||||||
1,121,709 | -1,592 | 93,660 | 0 | 0 | - | - | - | - | - | - | - | - |
Loss (gain) on sale of property and equipment | ||||||||||||
- | - | - | - | 0 | - | - | - | - | - | - | - | - |
Loss (gain) on sale of business | ||||||||||||
- | - | - | 0 | 0 | - | 6,975 | - | - | - | - | - | - |
Other expense (income), net | ||||||||||||
-26,448 | -4,154 | 925 | 3,312 | -2,196 | -1,765 | 1,299 | -7,392 | -15,190 | -7,581 | 3,271 | - | - |
Changes in assets and liabilities: | ||||||||||||
Restricted cash | ||||||||||||
- | - | - | - | - | - | - | - | - | - | -24,500 | 24,500 | 0 |
Accounts receivable | ||||||||||||
-11,244 | 99,044 | -54,989 | 12,084 | -97,655 | -34,165 | 123,258 | -77,025 | -54,550 | 102,610 | 134,695 | -109,919 | 1,763 |
Inventories | ||||||||||||
-12,759 | -4,348 | 12,160 | -29,325 | -90,586 | -39,454 | 97,188 | -103,102 | 101,109 | 3,655 | -67,150 | -126,938 | 202,275 |
Prepaid expenses and other assets | ||||||||||||
54,138 | 11,685 | -12,494 | -1,825 | 23,209 | -5,788 | -19,458 | 6,894 | -30,736 | -50,236 | 4,326 | -63,476 | -108,321 |
Accounts payable | ||||||||||||
1,658 | -6,493 | -16,613 | -28,153 | -105,898 | -43,871 | 39,791 | -24,304 | -47,095 | 42,464 | 142,002 | -88,795 | -8,187 |
Accrued liabilities and other non-current liabilities | ||||||||||||
-182,893 | 85,027 | -70,917 | 3,763 | -15,202 | -30,024 | -9,627 | 8,014 | -21,614 | -38,059 | -32,268 | -25,201 | 10,880 |
Carnegie Mellon University accrued litigation settlement | ||||||||||||
- | - | - | -736,000 | 736,000 | 0 | - | - | - | - | - | - | - |
Accrued employee compensation | ||||||||||||
20,588 | -46,599 | -11,936 | 18,016 | -33,338 | 43,561 | -5,787 | -20,050 | -12,565 | 21,210 | 33,292 | -26,956 | 8,852 |
Deferred income | ||||||||||||
- | - | - | 14,072 | -12,398 | 6,373 | 1,597 | 191 | -16,202 | 16,765 | 15,661 | -11,525 | 22,961 |
Income taxes payable | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 1,845 |
Net cash provided by operating activities | ||||||||||||
360,297 | 596,744 | 571,113 | -358,435 | 205,352 | 728,936 | 448,039 | 729,037 | 771,247 | 1,193,548 | 811,513 | 680,685 | 177,352 |
Purchases of available-for-sale securities | ||||||||||||
0 | 14,956 | 835,494 | 489,856 | 1,056,045 | 1,128,319 | 837,892 | 1,543,902 | 1,851,696 | 1,262,767 | 804,979 | - | - |
Sales of available-for-sale securities | ||||||||||||
18,832 | 623,896 | 306,822 | 616,697 | 991,657 | 534,908 | 588,712 | - | - | - | - | - | - |
Maturities of available-for-sale securities | ||||||||||||
0 | 187,985 | 426,341 | 239,557 | 311,843 | 291,402 | 406,327 | - | - | - | - | - | - |
Purchases of investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 10,172 | 262,886 |
Sales and maturities of available-for-sale securities | ||||||||||||
- | - | - | - | - | - | - | 1,835,655 | 1,462,164 | 868,759 | 118,362 | 29,181 | 230,906 |
Return of investment from (in) privately-held companies | ||||||||||||
- | - | - | - | 41 | 701 | 1,869 | 8,750 | 4,003 | 1,750 | 2,000 | - | - |
Purchases of time deposits | ||||||||||||
0 | 25,000 | 300,000 | 275,000 | 0 | 0 | - | - | - | - | - | - | - |
Maturities of time deposits | ||||||||||||
0 | 175,000 | 300,000 | 125,000 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from sale of equity investments | ||||||||||||
- | - | - | - | - | - | - | - | - | 9,192 | - | - | - |
Proceeds from sale of asset under construction | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 5,122 |
Purchases of technology licenses | ||||||||||||
4,712 | 11,540 | 6,587 | 10,309 | 8,236 | 16,424 | 17,647 | 35,002 | 13,823 | 23,144 | 15,598 | 5,200 | 23,175 |
Purchases of equity investments and loans advanced | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 323 |
Acquisition related transaction costs | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -1,340 |
Purchases of property and equipment | ||||||||||||
81,921 | 75,921 | 38,551 | 44,510 | 37,255 | 63,030 | 66,593 | 68,186 | 88,779 | 90,173 | 39,814 | 73,243 | 113,462 |
Proceeds from sales of property and equipment | ||||||||||||
620 | 43,525 | 12,559 | 0 | 10,007 | 0 | - | - | - | - | - | - | - |
Proceeds from sale of an investment in a privately-held company | ||||||||||||
- | - | - | - | - | 13,220 | - | - | - | - | - | - | - |
Cash payment for acquisitions, net of cash and cash equivalents acquired | ||||||||||||
1,071,079 | 2,649,465 | 0 | 0 | - | - | 2,551 | 1,000 | 93,916 | 29,446 | - | 5,287 | 19,987 |
Purchases of equipment previously leased | ||||||||||||
- | - | - | - | 10,240 | 0 | - | - | - | - | - | - | - |
Net proceeds from sale of discontinued operations | ||||||||||||
0 | 0 | 165,940 | 0 | 0 | - | - | - | - | - | - | - | - |
Net proceeds from sale of business | ||||||||||||
1,698,783 | -3,352 | 2,402 | 0 | 0 | - | 6,306 | - | - | - | - | - | - |
Other, net | ||||||||||||
1,677 | 2,725 | -6,089 | -16 | - | - | - | - | - | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||||||
558,846 | -1,752,553 | 39,521 | 161,595 | 201,690 | -368,944 | 74,793 | 178,815 | -590,053 | -529,329 | -744,029 | -64,721 | -185,145 |
Cash flows from financing activities: | ||||||||||||
Repurchases of common stock | ||||||||||||
364,272 | 103,974 | 527,574 | 181,564 | 260,875 | 64,962 | 376,285 | 936,935 | 1,340,876 | 87,486 | - | - | - |
Proceeds from employee stock plans | ||||||||||||
147,276 | 100,961 | 180,302 | 74,219 | 80,717 | 112,357 | 204,962 | 104,936 | 106,039 | 175,359 | 111,645 | 92,645 | 65,903 |
Tax withholding paid on behalf of employees for net share settlement | ||||||||||||
98,302 | 54,939 | 26,840 | 16,683 | 24,358 | 26,494 | 10,872 | 10,099 | 8,182 | 9,405 | - | - | - |
Dividend payments to shareholders | ||||||||||||
159,600 | 148,100 | 119,251 | 122,292 | 122,821 | 122,801 | 119,449 | 98,761 | - | - | - | - | - |
Payments on technology license obligations | ||||||||||||
72,266 | 69,157 | 28,503 | 20,965 | 12,528 | 13,010 | 7,411 | - | - | - | - | - | - |
Principal payments on capital lease | ||||||||||||
- | - | - | - | - | - | - | - | 511 | 1,940 | 1,787 | 397,213 | 10,748 |
Excess tax benefits from share-based compensation | ||||||||||||
- | - | - | 37 | 26 | 145 | 20 | 58 | 164 | 899 | 677 | 365 | 278 |
Proceeds from issuance of debt | ||||||||||||
950,000 | 1,892,605 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Principal payments of debt | ||||||||||||
1,250,000 | 756,128 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Payment of equity and debt financing costs | ||||||||||||
0 | 11,550 | 14,378 | 0 | 0 | - | - | - | - | - | - | - | - |
Other, net | ||||||||||||
-6,812 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Net cash provided by (used in) in financing activities | ||||||||||||
-853,949 | 849,737 | -536,244 | -267,248 | -339,839 | -114,765 | -309,035 | -940,801 | -1,243,366 | 77,427 | 110,535 | -304,203 | 55,433 |
Net increase (decrease) in cash and cash equivalents | ||||||||||||
65,194 | -306,072 | 74,390 | -464,088 | 67,203 | 245,227 | 213,797 | -32,949 | -1,062,172 | 741,646 | 178,019 | 311,761 | 47,640 |
Supplemental cash flow information: | ||||||||||||
Cash paid for interest | ||||||||||||
- | - | - | - | - | - | - | 563 | 722 | 144 | 297 | 20,787 | 41,840 |
Cash paid for income taxes, net | ||||||||||||
- | - | - | - | - | - | - | 16,813 | 14,096 | 12,239 | 4,836 | 17,232 | 16,878 |
Non-Cash Investing and Financing Activities: | ||||||||||||
Purchase of intellectual property under license obligations | ||||||||||||
- | - | - | - | - | - | - | 42,692 | - | - | - | - | - |
Receivable from sale of equity investment | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 7,681 | - | 0 |