XML 16 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows provided by (used in) operating activities:    
Net loss $ (32,997) $ (1,233)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization of property and equipment 709 677
Amortization of intangibles 0 6
Stock-based compensation 4,073 4,803
Deferred income taxes (75) (1,228)
Allowance for doubtful accounts 0 2
Loss on disposal of equipment 1 0
Income from discontinued operations 0 (649)
Changes in operating assets and liabilities:    
Accounts and other receivables (5,096) (2,037)
Prepaid income taxes 0 493
Prepaid expenses and other current assets (101) (205)
Intangibles and other assets (146) (258)
Accounts payable (1,116) 1,768
Accrued compensation and other current liabilities (3,209) (342)
Deferred revenue (4,082) 25,899
Other long-term liabilities (78) (173)
Net cash provided by (used in) operating activities (42,117) 27,523
Cash flows provided by investing activities:    
Purchases of short-term investments (23,807) (25,360)
Proceeds from maturities of short-term investments 28,000 32,500
Purchases of property and equipment (121) (169)
Proceeds for discontinued operations 0 1,000
Net cash provided by investing activities 4,072 7,971
Cash flows provided by financing activities:    
Issuance of common stock under employee stock purchase plan 328 307
Exercise of stock options 443 1,889
Purchases of treasury stock (328) (729)
Net cash provided by financing activities 443 1,467
Net increase (decrease) in cash and cash equivalents (37,602) 36,961
Cash and cash equivalents:    
Beginning of period 56,865 25,013
End of period 19,263 61,974
Supplemental disclosure of cash flow information    
Cash paid (received) for taxes 128 (427)
Supplemental disclosure of noncash operating, investing, and financing activities    
Amounts accrued for property and equipment 0 5
Release of Restricted Stock Units and Awards under company stock plan $ 2,524 $ 1,945