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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows provided by (used in) operating activities:    
Net income (loss) $ 57,485 $ (32,997)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization of property and equipment 647 709
Stock-based compensation 6,266 4,073
Deferred income taxes 67 (75)
Loss on disposal of equipment 26 1
Changes in operating assets and liabilities:    
Accounts and other receivables (454) (5,096)
Prepaid expenses and other current assets (1,870) (101)
Other assets (3,910) (146)
Accounts payable (5,889) (1,116)
Accrued compensation and other current liabilities 466 (3,209)
Income tax payable (219) 0
Deferred revenue 22,713 (4,082)
Other long-term liabilities 211 (78)
Net cash provided by (used in) operating activities 75,539 (42,117)
Cash flows provided by investing activities:    
Purchases of short-term investments (17,693) (23,807)
Proceeds from maturities of short-term investments 22,000 28,000
Purchases of property and equipment (63) (121)
Net cash provided by investing activities 4,244 4,072
Cash flows provided by financing activities:    
Issuance of common stock under employee stock purchase plan 218 328
Exercise of stock options 8,010 443
Purchases of treasury stock 0 328
Net cash provided by financing activities 8,228 443
Net increase (decrease) in cash and cash equivalents 88,011 (37,602)
Cash and cash equivalents:    
Beginning of period 24,622 56,865
End of period 112,633 19,263
Supplemental disclosure of cash flow information:    
Cash paid for taxes 139 128
Supplemental disclosure of noncash operating, investing, and financing activities:    
Amounts accrued for treasury stocks 569 0
Release of Restricted Stock Units and Awards under company stock plan $ 2,806 $ 2,524