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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows provided by (used in) operating activities:      
Net income (loss) $ 54,343 $ (45,291) $ (39,381)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization of property and equipment 855 968 910
Stock-based compensation 8,686 6,102 6,111
Deferred income taxes 109 (32) 24,274
Loss on disposal of equipment 26 1 19
Income from discontinued operations 0 0 (649)
Changes in operating assets and liabilities:      
Accounts and other receivables (245) 576 (171)
Prepaid income taxes 0 0 1,998
Prepaid expenses and other current assets (4,015) 141 (86)
Other assets (7,188) (197) (275)
Accounts payable (3,035) 696 5,322
Accrued compensation and other current liabilities (887) (1,111) 967
Deferred revenue 21,406 (5,575) 23,090
Other long-term liabilities (131) (107) (87)
Net cash provided by (used in) operating activities 69,924 (43,829) 22,042
Cash flows provided by investing activities:      
Purchases of short-term investments (17,693) (23,807) (32,813)
Proceeds from maturities of short-term investments 26,004 35,000 40,000
Purchases of property and equipment (74) (125) (343)
Proceeds from discontinued operations 0 0 1,000
Net cash provided by investing activities 8,237 11,068 7,844
Cash flows provided by financing activities:      
Issuance of common stock under employee stock purchase plan 218 328 307
Exercise of stock options, net of shares withheld for employee taxes 7,987 518 2,388
Purchases of treasury stock 0 (328) (729)
Net cash provided by financing activities 8,205 518 1,966
Net increase (decrease) in cash and cash equivalents 86,366 (32,243) 31,852
Cash and cash equivalents:      
Beginning of year 24,622 56,865 25,013
End of year 110,988 24,622 56,865
Supplemental disclosure of cash flow information:      
Cash paid for taxes 151 191 (419)
Supplemental disclosure of noncash operating, investing, and financing activities:      
Amounts accrued for property and equipment 0 0 22
Cashless option exercise under company stock plan 1,478 0 177
Release of Restricted Stock Units and Awards under company stock plan $ 2,806 $ 2,661 $ 2,257