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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 100,331 $ 112,568
Short-term investments 223,155 210,147
Accounts receivable, less allowance for doubtful accounts of $504 as of June 30, 2016 and $383 as of December 31, 2015 62,828 66,550
Inventory, net 156,815 148,690
Prepaid expenses and other current assets 23,384 18,515
Total current assets 566,513 556,470
Property and equipment, net 151,999 127,639
Investments 55,184 62,175
Other non-current assets 5,665 4,205
Intangible assets, net 22,383 25,241
Goodwill 39,681 39,681
Total assets 841,425 815,411
Current liabilities:    
Accounts payable 64,296 57,771
Accrued compensation 35,944 39,015
Accrued royalties 4,730 5,469
Accrued and other liabilities 29,483 27,451
Current portion of deferred revenue 15,116 12,778
Total current liabilities 149,569 142,484
Long-term portion of deferred revenue 7,489 5,538
Convertible senior notes, net 287,005 281,627
Other liabilities 19,665 15,779
Total liabilities 463,728 445,428
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, 72,992,190 and 72,415,317 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 454,488 449,704
Additional paid-in capital 282,337 263,429
Accumulated other comprehensive loss, net (53) (908)
Accumulated deficit (359,075) (342,242)
Total shareholders’ equity 377,697 369,983
Total liabilities and shareholders’ equity $ 841,425 $ 815,411