|
Net income
|
|
($1.8m)
|
($64.0m)
|
$143.8m
|
($58.9m)
|
($298.6m)
|
$67.4m
|
$64.6m
|
$111.1m
|
|
Depreciation of property and equipment
|
|
$6.7m
|
$6.7m
|
$17.9m
|
$23.8m
|
$17.1m
|
$1.5m
|
$2.1m
|
$2.0m
|
|
Amortization of intangible assets
|
|
$108.5m
|
$99.9m
|
$156.8m
|
$203.4m
|
$143.2m
|
$93.7m
|
$70.7m
|
$56.6m
|
|
Amortization of debt issuance costs
|
|
—
|
—
|
—
|
$6.4m
|
$4.4m
|
$4.3m
|
$3.5m
|
$3.4m
|
|
Deferred income tax and other
|
|
—
|
—
|
—
|
—
|
—
|
$11.4m
|
($7.1m)
|
$33.7m
|
|
Deferred income tax
|
|
($15.6m)
|
($38.6m)
|
($34.7m)
|
($978k)
|
($40.3m)
|
$11.4m
|
($7.1m)
|
$33.7m
|
|
Loss on debt extinguishment
|
|
$0
|
$0
|
$8.3m
|
$8.0m
|
$0
|
$0
|
$453k
|
$0
|
|
Stock-based compensation expense
|
|
$31.0m
|
$31.6m
|
$39.1m
|
$58.2m
|
$52.6m
|
$18.1m
|
$26.6m
|
$34.7m
|
|
Patent assets received in lieu of cash
|
|
—
|
—
|
—
|
($8.8m)
|
$0
|
$0
|
—
|
—
|
|
Other
|
|
$5.3m
|
$2.7m
|
$19.5m
|
$5.5m
|
$5.1m
|
($252k)
|
($1.6m)
|
($462k)
|
|
Accounts receivable
|
|
($14.4m)
|
$6.2m
|
$7.1m
|
($27.6m)
|
$24.9m
|
$18.3m
|
$6.3m
|
$5.5m
|
|
Unbilled contracts receivable
|
|
—
|
—
|
—
|
$58.5m
|
($86.7m)
|
($34.3m)
|
($18.1m)
|
($65.2m)
|
|
Other assets
|
|
($950k)
|
$3.7m
|
($41.9m)
|
$7.5m
|
($3.2m)
|
($4.5m)
|
$7.4m
|
($5.5m)
|
|
Accounts payable
|
|
($1.5m)
|
$1.9m
|
($4.9m)
|
($5.2m)
|
$18.6m
|
($894k)
|
($372k)
|
($2.5m)
|
|
Accrued and other liabilities
|
|
($8.9m)
|
($8.7m)
|
$21.7m
|
($27.9m)
|
($3.6m)
|
($14.6m)
|
$3.7m
|
($776k)
|
|
Deferred revenue
|
|
$1.2m
|
($2.4m)
|
$18.6m
|
($651k)
|
($215k)
|
($7.4m)
|
$54.3m
|
($14.4m)
|
|
Purchases of property and equipment
|
|
($3.3m)
|
($8.8m)
|
($7.4m)
|
($13.9m)
|
($12.6m)
|
($3.8m)
|
($1.8m)
|
($1.8m)
|
|
Proceeds from sale of property and equipment
|
|
—
|
$55k
|
—
|
$19k
|
$86k
|
$0
|
$0
|
—
|
|
Purchases of intangible assets
|
|
($4.1m)
|
($4.5m)
|
($50.9m)
|
($186k)
|
($290k)
|
($2.5m)
|
($20.5m)
|
($7.0m)
|
|
Net cash paid for mergers and acquisitions
|
|
—
|
—
|
—
|
($17.4m)
|
($50.5m)
|
$0
|
$0
|
—
|
|
Debt refinancing costs
|
|
—
|
—
|
—
|
($4.3m)
|
$0
|
$0
|
—
|
—
|
|
Distribution of Xperi Inc.
|
|
—
|
—
|
—
|
$0
|
($182.9m)
|
$0
|
$0
|
—
|
|
Proceeds from employee stock purchase program and exercise of stock options
|
|
—
|
$6.0m
|
$4.9m
|
$13.8m
|
$14.3m
|
$2.4m
|
$3.2m
|
$2.4m
|
|
Long-lived assets received in lieu of cash
|
|
—
|
—
|
—
|
—
|
—
|
$4.4m
|
$5.0m
|
$52.7m
|
|
Unpaid purchases of property and equipment at the end of the period
|
|
$3.3m
|
$8.8m
|
$7.4m
|
$0
|
$0
|
$471k
|
$15k
|
$1.8m
|
|
Non-cash aquisition of intangible assets
|
|
—
|
—
|
—
|
$0
|
$0
|
$4.4m
|
$5.0m
|
—
|
|
Unpaid purchases of long-lived assets at the end of the period
|
|
—
|
—
|
—
|
$0
|
$0
|
$1.5m
|
$750k
|
$4k
|
|
Net cash provided by operating activities
|
|
$135.1m
|
$169.3m
|
$427.6m
|
$234.8m
|
$183.0m
|
$152.8m
|
$212.5m
|
$158.1m
|
|
Debt acquired in a business acquisition
|
|
—
|
—
|
—
|
$0
|
$50.0m
|
$0
|
—
|
—
|
|
Purchases of short-term investments
|
|
($20.1m)
|
($40.0m)
|
($77.2m)
|
($67.3m)
|
($4.5m)
|
($42.8m)
|
($33.2m)
|
($57.3m)
|
|
Proceeds from sales of investments
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$1.5m
|
|
Proceeds from sales of short-term investments
|
|
$8.5m
|
$6.8m
|
$11.2m
|
$49.8m
|
$28.3m
|
$0
|
$0
|
—
|
|
Proceeds from maturities of investments
|
|
$30.9m
|
$27.3m
|
$24.7m
|
$42.9m
|
$36.6m
|
$14.7m
|
$31.4m
|
$24.3m
|
|
Net cash used in investing activities
|
|
$11.4m
|
($19.1m)
|
$17.8m
|
($6.2m)
|
($2.9m)
|
($34.5m)
|
($24.0m)
|
($40.3m)
|
|
Principal payments on debt agreements
|
|
($100.0m)
|
($150.0m)
|
($520.2m)
|
($84.0m)
|
($40.5m)
|
($148.0m)
|
($114.2m)
|
($60.4m)
|
|
Repurchases of common stock for tax withholdings on equity awards
|
|
—
|
—
|
—
|
($15.9m)
|
($15.9m)
|
($11.3m)
|
($12.8m)
|
($22.5m)
|
|
Repurchases of common stock
|
|
($44.8m)
|
($4.5m)
|
($80.6m)
|
($100.8m)
|
($33.2m)
|
$0
|
($18.7m)
|
($21.3m)
|
|
Payments of dividends
|
|
($39.2m)
|
($39.5m)
|
($30.8m)
|
($21.0m)
|
($20.9m)
|
($21.3m)
|
($21.8m)
|
($21.8m)
|
|
Net cash used in financing activities
|
|
($171.2m)
|
($189.2m)
|
($351.1m)
|
($196.2m)
|
($263.3m)
|
($178.3m)
|
($164.2m)
|
($123.5m)
|
|
Effect of exchange rate changes on cash and cash equivalents
|
|
—
|
—
|
$1.3m
|
($1.4m)
|
($3.4m)
|
$0
|
$0
|
—
|
|
Net increase (decrease) in cash and cash equivalents
|
|
($24.6m)
|
($39.1m)
|
$95.6m
|
$30.9m
|
($86.6m)
|
($60.0m)
|
$24.3m
|
($5.7m)
|
|
Cash and cash equivalents at beginning of period
|
|
$113.6m
|
$74.6m
|
$170.2m
|
$201.1m
|
$114.6m
|
$54.6m
|
$78.8m
|
$73.1m
|
|
Interest paid
|
|
$23.1m
|
$20.9m
|
$31.2m
|
$32.4m
|
$40.5m
|
$57.8m
|
$46.8m
|
$33.2m
|
|
Income taxes paid, net of refunds
|
|
$23.7m
|
$15.0m
|
$43.1m
|
$30.9m
|
$24.8m
|
$10.3m
|
$12.5m
|
$15.0m
|