|
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
12 Months Ended |
|
Dec. 29, 2013
|
Dec. 30, 2012
|
Dec. 25, 2011
|
| Cash Flows from Operating Activities: |
|
|
|
| Net income (loss) |
$ (78,268) |
$ 24,384 |
$ (55,548) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
91,216 |
95,431 |
149,747 |
| Costs relating to partial repurchase of 7.875% Senior Unsecured Notes |
2,280 |
|
|
| Asset impairment charges |
|
2,070 |
19,502 |
| Provision (benefit) for deferred income taxes |
(4,985) |
5,889 |
6,646 |
| Gain on sale of Kuala Lumpur land and buildings |
|
(28,434) |
|
| Net gain on sale and disposal of property, plant, and equipment |
(3,082) |
(6,086) |
(3,109) |
| Gain on acquisition of microcontroller and analog business |
(7,950) |
|
|
| Gain on recovery from impaired investments |
(11,236) |
(1,059) |
|
| Compensation recognized under employee stock plans |
30,687 |
34,363 |
19,197 |
| Non-cash inventory expenses related to fresh start markup |
|
|
8,260 |
| Changes in assets and liabilities, net of effect of acquisition |
|
|
|
| Accounts Receivable |
(68,957) |
2,528 |
55,022 |
| Inventories |
30,529 |
(8,667) |
(10,194) |
| Prepaid expenses and other current assets |
7,274 |
2,301 |
11,651 |
| Other assets |
(25,929) |
10,128 |
(20,662) |
| Accounts payable, accrued liabilities, and accrued compensation |
106,665 |
(15,382) |
(135,666) |
| Income taxes payable |
2,037 |
981 |
405 |
| Deferred income |
21,122 |
(9,047) |
(6,916) |
| Net cash provided by operating activities |
91,403 |
109,400 |
38,335 |
| Cash Flows from Investing Activities: |
|
|
|
| Proceeds from sale of property, plant and equipment |
3,206 |
45,635 |
8,432 |
| Purchases of property, plant and equipment |
(56,002) |
(42,286) |
(66,510) |
| Proceeds from recovery of impaired investments |
11,566 |
1,059 |
|
| Business acquisition, net of cash acquired |
(149,952) |
|
581 |
| Proceeds from redemption of marketable securities |
146,840 |
112,467 |
45,929 |
| Purchases of marketable securities |
(120,549) |
(96,334) |
(88,803) |
| Net cash provided by (used in) investing activities |
(164,891) |
20,541 |
(100,371) |
| 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 |
(9,386) |
(30,390) |
(7,524) |
| 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 |
2,693 |
1,588 |
5,386 |
| Cash settlement on hedging activies |
(268) |
(1,073) |
(1,061) |
| Purchase of bankruptcy claims |
|
(24,450) |
(70,989) |
| Net cash provided by (used in) financing activities |
98,080 |
(60,946) |
(74,188) |
| Effect of exchange rate changes on cash and cash equivalents |
(700) |
(1,668) |
1,780 |
| Net increase (decrease) in cash and cash equivalents |
23,892 |
67,327 |
(134,444) |
| Cash and cash equivalents at the beginning of period |
262,177 |
194,850 |
329,294 |
| Cash and cash equivalents at end of period |
286,069 |
262,177 |
194,850 |
| Supplemental Cash Flows Disclosures: |
|
|
|
| Interest paid |
26,477 |
30,904 |
29,861 |
| Income taxes paid, net of refunds |
7,761 |
7,016 |
14,356 |
| 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 |
9,495 |
11,359 |
19,995 |
|
Relating to Software License and Intellectual Property Obligations [Member]
|
|
|
|
| Non-cash investing and financing activities: |
|
|
|
| Liabilities assumed |
$ 17,572 |
$ 5,623 |
|