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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 7,113 $ 13,308
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,843 1,362
Purchase accounting adjustments to goodwill 349  
Loss on inventory nonmonetary exchanges 90  
Gain on disposal of property and equipment, net (17) 0
Loss on disposal of intangible assets 14 165
Bond premium amortization 712 826
Stock-based compensation 4,526 3,223
Deferred income taxes (1,445) (511)
Unrecognized tax benefits 193 (319)
Tax benefit from stock-based compensation (88) (6,245)
Change in assets and liabilities:    
Accounts and notes receivable (3,211) 5,569
Inventory (6,748) (5,329)
Prepaid expenses and other assets (14,657) (8,174)
Accounts payable, accrued and other liabilities 5,078 3,627
Deferred revenue 15,812 3,133
Customer deposits 772 334
Net cash provided by operating activities 10,336 10,969
Cash flows from investing activities:    
Purchases of investments (28,667) (38,750)
Proceeds from call / maturity of investments 32,429 21,365
Purchases of property and equipment (1,964) (1,770)
Proceeds from disposal of property and equipment 33 0
Purchases of intangible assets (185) (201)
Business acquisitions, net of cash acquired 0 (7,840)
Net cash provided by (used in) investing activities 1,646 (27,196)
Cash flows from financing activities:    
Repurchase of common stock (33,746) 0
Proceeds from options exercised 222 2,553
Payroll tax payments for net-settled stock awards (1,036) (647)
Payments on capital lease obligation (19) (18)
Payments on notes payable (29) 0
Tax benefit from stock-based compensation 88 6,245
Net cash (used in) provided by financing activities (34,520) 8,133
Effect of exchange rate changes on cash and cash equivalents 318 81
Net decrease in cash and cash equivalents (22,220) (8,013)
Cash and cash equivalents, beginning of period 59,526 48,367
Cash and cash equivalents, end of period 37,306 40,354
Supplemental disclosure:    
Cash paid for income taxes, net of refunds 8,271 4,848
Non-cash transactions    
Property and equipment purchases in accounts payable and accrued liabilities $ 90 $ 205