|
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
6 Months Ended |
|
Jul. 01, 2012
|
Jun. 26, 2011
|
| Cash Flows from Operating Activities: |
|
|
| Net income |
$ 12,376 |
$ 11,140 |
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
| Depreciation and amortization |
51,779 |
93,015 |
| Gain on liquidation of auction rate securities |
(1,059) |
|
| Provision (benefit) for deferred income taxes |
1,913 |
(757) |
| Net gain on sale of Kuala Lumpur land and building |
(28,434) |
|
| Net gain on sale and disposal of property, plant and equipment |
(4,209) |
(1,138) |
| Asset impairment charges |
2,070 |
7,557 |
| Compensation recognized under employee stock plans |
15,415 |
9,596 |
| Amortization of inventory fresh start markup |
|
8,260 |
| Changes in assets and liabilities |
(27,970) |
(101,172) |
| Net cash provided by operating activities |
21,881 |
26,501 |
| Cash Flows from Investing Activities: |
|
|
| Proceeds from liquidation of auction rate securities |
1,059 |
|
| Proceeds from sale of property, plant and equipment |
42,643 |
4,693 |
| Purchases of property, plant and equipment |
(18,587) |
(28,847) |
| Proceeds from maturities of marketable securities |
55,045 |
24,979 |
| Purchases of marketable securities |
(51,449) |
(21,791) |
| Net cash provided by (used for) investing activities |
28,711 |
(20,966) |
| Cash Flows from Financing Activities: |
|
|
| Proceeds from issuance of common stock due to options exercised |
1,331 |
4,378 |
| Payments on debt and capital lease obligations |
(14,830) |
(6,006) |
| Acquisition of noncontrolling interest |
(3,304) |
|
| Cash settlement on hedging activies |
(531) |
(528) |
| Purchase of bankruptcy claims |
|
(40,987) |
| Net cash used for financing activities |
(17,334) |
(43,143) |
| Effect of exchange rate changes on cash and cash equivalents |
19 |
625 |
| Net increase (decrease) in cash and cash equivalents |
33,277 |
(36,983) |
| Cash and cash equivalents, beginning of period |
194,850 |
329,294 |
| Cash and cash equivalents, end of period |
228,127 |
292,311 |
| Non-cash investing and financing activities: |
|
|
| Liabilities recorded for purchases of property, plant and equipment |
$ 8,339 |
$ 5,749 |