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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income (loss) from operations $ (22,399) $ 10,514 $ 42,151
Adjustments to reconcile net income (loss) from operations to net cash provided by operations:      
Depreciation and amortization 10,601 10,777 6,302
Loss on disposal of assets 185 14 0
Deferred tax expense (benefit) 13,053 (4,936) (691)
Stock-based compensation 3,466 2,766 3,835
Changes in assets and liabilities, net of effect of acquisitions:      
Accounts receivable, net (8,428) (8,106) 2,860
Inventories, net 5,380 3,198 13,257
Foreign sales tax receivable (692) 336 49
Other current assets (1,574) (410) (358)
Accounts payable (1,013) 163 (6,645)
Income taxes payable 11,926 (582) 2,946
Accrued expenses 2,514 4 1,351
Current deferred compensation (77) 226 697
Deferred revenue 3,704 14,396 2,996
Other long-term liabilities 981 55 42
Net cash provided by operating activities 17,627 28,415 68,792
Cash flows from investing activities      
Purchase of short term investments (178,658) (184,690) (109,747)
Maturities of short term investments 195,000 134,775 129,725
Purchase of eSignLive, net of cash acquired     (74,486)
Additions to property and equipment (3,088) (2,043) (1,362)
Additions to intangible assets (107) (144) (89)
Other (349) (4,394) 3
Net cash provided by (used in) investing activities 12,798 (56,496) (55,956)
Cash flows from financing activities of continuing operations:      
Repayment of debt     (5,925)
Tax payments for restricted stock issuances (640) (1,051) (837)
Tax benefit of stock-based compensation     318
Net cash used in financing activities (640) (1,051) (6,444)
Effect of exchange rate changes on cash (469) (45) (311)
Net increase (decrease) in cash 29,316 (29,177) 6,081
Cash and equivalents, beginning of period 49,345 78,522 72,441
Cash and equivalents, end of period 78,661 49,345 78,522
Supplemental cash flow disclosures:      
Cash paid for income taxes 6,427 5,982 6,781
Cash paid for interest $ 0 $ 0 $ 0