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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 from operating activities:      
Net income $ 29,205 $ 5,207 $ 17,297
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 10,615 8,041 3,658
Loss on disposal and abandonment of intangible assets 2,117 1,146 21
Purchase accounting adjustments to goodwill 0 (23) 520
Loss (gain) on disposal and impairment of property and equipment, net 303 (28) 42
Bond premium amortization 34 657 1,265
Stock-based compensation 21,879 15,610 9,369
Deferred income taxes (3,592) 2,830 (5,167)
Unrecognized tax benefits 1,144 (191) 582
Tax benefit from stock-based compensation 0 0 (1,438)
Change in assets and liabilities:      
Accounts and notes receivable (67,643) (35,305) (28,438)
Inventory 14,804 (11,746) (18,668)
Prepaid expenses and other assets (12,739) (8,992) (10,611)
Accounts payable, accrued and other liabilities 13,506 1,530 18,399
Deferred revenue 54,242 39,735 34,304
Net cash provided by operating activities 63,875 18,471 21,135
Cash flows from investing activities:      
Purchases of investments (4,331) (19,950) (56,086)
Proceeds from call / maturity of investments 11,158 61,080 64,951
Purchases of property and equipment (11,139) (10,419) (4,957)
Proceeds from disposal of property and equipment 0 24 42
Purchases of intangible assets (558) (1,024) (3,495)
Business acquisitions, net of cash acquired (4,990) (10,629) (3,500)
Net cash provided by (used in) investing activities (9,860) 19,082 (3,045)
Cash flows from financing activities:      
Net proceeds from equity offering 233,993 0 0
Repurchase of common stock 0 0 (33,746)
Proceeds from options exercised 1,757 1,383 478
Income and payroll tax payments for net-settled stock awards (14,127) (3,453) (1,772)
Payment of contingent consideration for business acquisitions (2,275) (1,750) (952)
Excess tax benefit from stock-based compensation 0 0 1,438
Net cash provided by (used in) financing activities 219,348 (3,820) (34,554)
Effect of exchange rate changes on cash and cash equivalents (774) 737 906
Net increase (decrease) in cash and cash equivalents 272,589 34,470 (15,558)
Cash and cash equivalents and restricted cash, beginning of year 78,438 43,968 59,526
Cash and cash equivalents and restricted cash, end of year $ 349,462 $ 75,105 $ 40,651