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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities    
Net income (loss) $ 12,776 $ (53,400)
Adjustments for non-cash items:    
Depreciation and amortization 53,816 52,691
Accretion of debt discount and debt issuance costs 10,808 9,411
Loss on prepayment of Senior Notes   5,364
Provision for inventory obsolescence 218 2,110
Gain on disposal of property and equipment (134) (275)
Stock-based compensation 7,504 6,959
Change in fair value of contingent consideration (462) (6,176)
Other 39 264
Changes in assets and liabilities:    
Accounts receivable 30,333 23,881
Inventories 7,847 490
Prepaid and other assets (35,740) 173
Accounts payable and other accrued liabilities (44,322) (9,135)
Accrued rebates, returns and discounts (55,656) 8,470
Interest payable (938) (2,716)
Income taxes payable (126)  
Net cash (used in) provided by operating activities (14,037) 38,111
Investing Activities    
Purchases of property and equipment (772) (504)
Proceeds from disposal of property and equipment 145 280
Purchases of marketable securities   (2,391)
Proceeds from sale of other assets 80  
Maturities of marketable securities 1,200 58,281
Net cash provided by investing activities 653 55,666
Financing Activities    
Payment of contingent consideration liability (184) (1,293)
Repayment of Senior Notes (57,500) (100,000)
Fees for early repayment and modifications of Senior Notes   (4,000)
Proceeds from issuance of common stock 1,684 7,242
Shares withheld for payment of employee's withholding tax liability (267) (210)
Net cash (used in) financing activities (56,267) (98,261)
Net (decrease) in cash and cash equivalents (69,651) (4,484)
Cash and cash equivalents at beginning of year 126,884 117,709
Cash and cash equivalents at end of period 57,233 113,225
Supplemental Disclosure of Cash Flow Information    
Net cash paid for income taxes 166 121
Cash paid for interest 25,149 30,187
Capital expenditures incurred but not yet paid $ 260 $ 130