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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities    
Net income $ 22,985 $ 8,842
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 12,749 13,189
Non-cash interest expense 477 7,100
Deferred income taxes (18) 17
Share-based compensation expense 10,759 7,605
Changes in operating assets and liabilities:    
Accounts receivable and contract assets (16,346) (21,158)
Inventories (5,873) (18,298)
Prepaid expenses and other current assets 8,231 4,489
Accounts payable and accrued expenses (17,613) 14,046
Customer deposits and deferred revenue 11,424 3,334
Income taxes receivable and payable, net (263) 449
Other, net 1,657 1,114
Net cash provided by (used in) operating activities 28,169 20,729
Cash Flows from Investing Activities    
Capital expenditures (15,420) (9,082)
Proceeds from the sale of investments 23,335 130,398
Payments for purchases of investments (33,876) (156,020)
Net cash provided by (used in) investing activities (25,961) (34,704)
Cash Flows from Financing Activities    
Proceeds (net of tax withholdings) from option exercises and employee stock purchase plan 2,129 1,865
Restricted stock tax withholdings (7,115) (2,747)
Net cash provided by (used in) financing activities (4,986) (882)
Effect of exchange rate changes on cash and cash equivalents (51) (39)
Net increase (decrease) in cash, cash equivalents, and restricted cash (2,829) (14,896)
Cash, cash equivalents, and restricted cash - beginning of period 120,472 130,283
Cash, cash equivalents, and restricted cash - end of period 117,643 115,387
Supplemental Disclosure of Cash Flow Information    
Interest paid 5,037 4,160
Income taxes paid (refunds received) 1,083 (196)
Non-cash activities    
Capital expenditures included in accounts payable and accrued expenses 6,464 15,400
Net transfer of inventory to property, plant and equipment 237  
Right-of-use assets obtained in exchange for lease obligations $ 258 $ 20,353