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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows provided by (used in) operating activities:    
Net income (loss) $ (11,016) $ 69,883
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 205 227
Stock-based compensation 2,103 1,222
Deferred income taxes 117 67
Other non cash items 0 26
Changes in operating assets and liabilities:    
Accounts and other receivables (454) (1,861)
Prepaid expenses and other current assets 1,028 116
Other assets (11,419) (4,524)
Accounts payable 8,763 (2,391)
Accrued compensation (2,588) (1,581)
Other current liabilities 2,092 (600)
Deferred revenue (904) 25,197
Other long-term liabilities 4,495 422
Net cash provided by (used in) operating activities (7,578) 86,203
Cash flows provided by (used in) investing activities:    
Purchases of short-term investments (8,930) (8,861)
Proceeds from maturities of short-term investments 8,000 11,000
Purchases of property and equipment (6) (6)
Net cash provided by (used in) investing activities (936) 2,133
Cash flows provided by financing activities:    
Proceeds from issuance of common stock under employee stock purchase plan 109 98
Proceeds from stock options exercises 71 6,072
Net cash provided by financing activities 180 6,170
Net increase (decrease) in cash and cash equivalents (8,334) 94,506
Cash and cash equivalents:    
Beginning of period 110,988 24,622
End of period 102,654 119,128
Supplemental disclosure of cash flow information:    
Cash paid for taxes 23 90
Supplemental disclosure of noncash operating, investing, and financing activities:    
Release of restricted stock units and awards under company stock plan $ 6,680 $ 1,860