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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 89,820 $ 112,568
Short-term investments 202,492 210,147
Accounts receivable, less allowance for doubtful accounts of $617 as of March 31, 2016 and $383 as of December 31, 2015 72,626 66,550
Inventory, net 150,426 148,690
Prepaid expenses and other current assets 26,637 18,515
Total current assets 542,001 556,470
Property and equipment, net 143,969 127,639
Investments 63,361 62,175
Other non-current assets 5,643 4,205
Intangible assets, net 23,812 25,241
Goodwill 39,681 39,681
Total assets 818,467 815,411
Current liabilities:    
Accounts payable 57,963 57,771
Accrued compensation 30,112 39,015
Accrued royalties 4,140 5,469
Accrued and other liabilities 27,616 27,451
Current portion of deferred revenue 13,586 12,778
Total current liabilities 133,417 142,484
Long-term portion of deferred revenue 6,936 5,538
Convertible senior notes, net 284,295 281,627
Other liabilities 16,639 15,779
Total liabilities $ 441,287 $ 445,428
Commitments and contingencies (Note 8)
Shareholders’ equity:    
Preferred stock, no par value; 5,000,000 shares authorized, none issued or outstanding $ 0 $ 0
Common stock, no par value; 150,000,000 shares authorized, 72,693,942 and 72,415,317 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively 453,943 449,704
Additional paid-in capital 272,480 263,429
Accumulated other comprehensive loss, net (400) (908)
Accumulated deficit (348,843) (342,242)
Total shareholders’ equity 377,180 369,983
Total liabilities and shareholders’ equity $ 818,467 $ 815,411