|
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
|
3 Months Ended |
|
Mar. 31, 2013
|
Mar. 25, 2012
|
| Cash Flows from Operating Activities: |
|
|
| Net loss |
$ (14,435) |
$ (13,622) |
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
| Depreciation and amortization |
19,910 |
25,642 |
| Gain on liquidation of auction rate securities |
(1,200) |
(1,059) |
| Provision (benefit) for deferred income taxes |
(25) |
126 |
| Net gain on sale and disposal of property, plant and equipment |
(592) |
(163) |
| Asset impairment charges |
|
2,070 |
| Compensation recognized under employee stock plans |
8,624 |
6,447 |
| Changes in assets and liabilities |
(5,287) |
(4,508) |
| Net cash provided by operating activities |
6,995 |
14,933 |
| Cash Flows from Investing Activities: |
|
|
| Proceeds from liquidation of auction rate securities |
1,530 |
1,059 |
| Proceeds from sale of property, plant and equipment |
612 |
4,227 |
| Purchases of property, plant and equipment |
(12,883) |
(9,229) |
| Purchases of marketable securities |
(24,024) |
38,396 |
| Proceeds from maturities of marketable securities |
28,346 |
(34,383) |
| Net cash provided by (used for) investing activities |
(6,419) |
70 |
| Cash Flows from Financing Activities: |
|
|
| Proceeds from issuance of common stock due to options exercised |
620 |
1,269 |
| Refinancing cost on Revolver |
(114) |
|
| Payments on debt and capital lease obligations |
(1,545) |
(13,632) |
| Cash settlement on hedging activities |
(268) |
(268) |
| Net cash used for financing activities |
(1,307) |
(12,631) |
| Effect of exchange rate changes on cash and cash equivalents |
286 |
(197) |
| Net increase (decrease) in cash and cash equivalents |
(445) |
2,175 |
| Cash and cash equivalents, beginning of period |
262,177 |
194,850 |
| Cash and cash equivalents, end of period |
261,732 |
197,025 |
| Non-cash investing and financing activities: |
|
|
| Liabilities recorded for purchases of property, plant and equipment |
$ 7,168 |
$ 2,684 |