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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating activities:      
Net income $ 90,908 $ 105,931 $ 5,035
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 17,195 21,214 25,295
Bad debt expense 224 884 2,969
Unrealized net loss (gain) on foreign currency forward contracts 0 1,641 (1,682)
Non-cash restructuring costs and adjustments 0 (136) 199
Deferred taxes (4,983) 9,666 (1,526)
Release of liabilities for unrecognized tax benefits (394) (899) 0
Share-based compensation expense 11,817 17,299 11,786
Excess tax benefits from share-based compensation arrangements (1,244) (1,096) 0
Reclassification of foreign currency translation adjustment from other comprehensive income 0 (280) 0
Changes in operating assets and liabilities:      
Accounts receivable (16,878) 5,003 (276)
Prepaid expenses and other current assets (880) 4,446 (2,713)
Deposits and other assets (4,059) 1,631 909
Accounts payable and accrued expenses 6,981 1,904 (1,701)
Accrued compensation and employee benefits 3,787 (8,387) (26,875)
Accrued restructuring costs (58) (1,922) 2,379
Deferred revenue and advance payments 11,238 (4,176) 731
Other long-term liabilities (3,065) (3,024) 70
Net cash provided by operating activities 110,589 149,699 14,600
Investing activities:      
Proceeds from redemption of short-term investments 361,680 479,200 308,900
Purchases of property and equipment (2,337) (3,484) (12,400)
Purchases of short-term investments (354,999) (473,779) (370,050)
Capitalized software development costs 0 (9,598) (8,396)
Increase in restricted cash (135) (20) (164)
Net cash provided by (used in) investing activities 4,209 (7,681) (82,110)
Financing activities:      
Proceeds from sale of class A common stock under exercise of employee stock options 1,663 9,529 856
Payment of taxes relating to net exercise of employee stock options (3,739) 0 0
Excess tax benefits from share-based compensation arrangements 1,244 1,096 0
Payments on capital lease obligations and other financing arrangements (172) (1,447) (2,326)
Net cash (used in) provided by financing activities (1,004) 9,178 (1,470)
Effect of foreign exchange rate changes on cash and cash equivalents (4,160) (5,774) (4,272)
Net increase (decrease) in cash and cash equivalents 109,634 145,422 (73,252)
Cash and cash equivalents, beginning of year 292,341 146,919 220,171
Cash and cash equivalents, end of year 401,975 292,341 146,919
Supplemental disclosure of cash flow information:      
Cash paid during the year for interest 2 34 74
Cash paid during the year for income taxes, net of tax refunds 24,332 13,346 5,529
Supplemental disclosure of noncash investing and financing activities:      
Assets acquired under capital lease obligations and other financing arrangements $ 0 $ 14 $ 70