|
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
12 Months Ended |
|
Dec. 28, 2014
|
Dec. 29, 2013
|
Dec. 30, 2012
|
| Cash Flows from Operating Activities: |
|
|
|
| Net income (loss) |
$ (70,034) |
$ (78,268) |
$ 24,384 |
| Depreciation and amortization |
108,164 |
91,216 |
95,431 |
| Costs relating to partial repurchase of 7.875% Senior Notes |
1,137 |
2,280 |
|
| Asset impairment charges |
|
|
2,070 |
| Provision (benefit) for deferred income taxes |
(2,723) |
(4,985) |
5,889 |
| Gain on pension assets |
(2,494) |
|
|
| Gain on sale of Kuala Lumpur land and buildings |
|
|
(28,434) |
| Net gain on sale and disposal of property, plant, and equipment |
77 |
(3,082) |
(6,086) |
| Gain on acquisition of microcontroller and analog business |
|
(7,950) |
|
| Gain on recovery from impaired investments |
(1,834) |
(11,236) |
(1,059) |
| Reserve reversal on final settlement of bankruptcy change |
(3,205) |
|
|
| Stock-based compensation |
40,266 |
30,687 |
34,363 |
| Changes in assets and liabilities, net of effect of acquisition |
|
|
|
| Accounts Receivable |
41,485 |
(68,957) |
2,528 |
| Inventories |
(56,570) |
30,529 |
(8,667) |
| Prepaid expenses and other current assets |
(2,106) |
7,274 |
2,301 |
| Other assets |
(8,304) |
(25,929) |
10,128 |
| Accounts payable, accrued liabilities, and accrued compensation |
32,773 |
106,665 |
(15,382) |
| Income taxes payable |
(3,310) |
2,037 |
981 |
| Deferred income |
5,073 |
21,122 |
(9,047) |
| Net cash provided by operating activities |
78,395 |
91,403 |
109,400 |
| Cash Flows from Investing Activities: |
|
|
|
| Proceeds from sale of property, plant and equipment |
209 |
3,206 |
45,635 |
| Purchases of property, plant and equipment |
(59,820) |
(56,002) |
(42,286) |
| Proceeds from recovery of impaired investments |
1,852 |
11,566 |
1,059 |
| Business acquisition, net of cash acquired |
|
(149,952) |
|
| Proceeds from redemption of marketable securities |
27,369 |
146,840 |
112,467 |
| Purchases of marketable securities |
(52,530) |
(120,549) |
(96,334) |
| Net cash provided by (used in) investing activities |
(82,920) |
(164,891) |
20,541 |
| Cash Flows from Financing Activities: |
|
|
|
| Additional borrowings on term loan, net of discount |
|
82,117 |
|
| Refinancing cost on Term Loan and Revolver |
|
(416) |
(2,597) |
| Payments on financing arrangements |
(107,987) |
(9,386) |
(30,390) |
| Proceeds from issuance of 2.0% Senior Exchangeable Notes |
|
150,000 |
|
| Costs relating to issuance of 2.0% Senior Exchangeable Notes |
|
(4,506) |
|
| Purchase of capped call for the 2.0% Senior Exchangeable Notes |
|
(15,375) |
|
| Partial repurchase of 7.875% Senior Notes including costs |
|
(106,779) |
|
| Acquisition of noncontrolling interest |
|
|
(4,024) |
| Proceeds from issuance of common stock, net of offering costs |
19,263 |
2,693 |
1,588 |
| Net proceeds from sale of Sunnyvale property |
58,974 |
|
|
| Cash settlement on hedging activies |
|
(268) |
(1,073) |
| Purchase of bankruptcy claims |
|
|
(24,450) |
| Net cash provided by (used in) financing activities |
(29,750) |
98,080 |
(60,946) |
| Effect of exchange rate changes on cash and cash equivalents |
(1,729) |
(700) |
(1,668) |
| Net increase (decrease) in cash and cash equivalents |
(36,004) |
23,892 |
67,327 |
| Cash and cash equivalents at the beginning of period |
286,069 |
262,177 |
194,850 |
| Cash and cash equivalents at end of period |
250,065 |
286,069 |
262,177 |
| Supplemental Cash Flows Disclosures: |
|
|
|
| Interest paid |
15,354 |
26,477 |
30,904 |
| Income taxes paid, net of refunds |
21,039 |
7,761 |
7,016 |
| Non-cash investing and financing activities: |
|
|
|
| Term Loan amendment |
|
|
218,789 |
| Purchase of Property, Plant and Equipment [Member] |
|
|
|
| Non-cash investing and financing activities: |
|
|
|
| Liabilities assumed |
21,737 |
9,495 |
11,359 |
| Relating to Software License and Intellectual Property Obligations [Member] |
|
|
|
| Non-cash investing and financing activities: |
|
|
|
| Liabilities assumed |
|
$ 17,572 |
$ 5,623 |