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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 882 $ 29,205 $ 5,207
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 11,361 10,615 8,041
Loss on disposal and abandonment of intangible assets 67 2,117 1,146
Purchase accounting adjustments to goodwill 0 0 (23)
Loss (gain) on disposal and impairment of property and equipment, net 2,542 303 (28)
Stock-based compensation 78,495 21,879 15,610
Deferred income taxes (7,987) (3,592) 2,830
Unrecognized tax benefits 983 1,144 (191)
Other noncash, net 3,928 34 657
Change in assets and liabilities:      
Accounts and notes receivable and contract assets (38,830) (67,643) (35,305)
Inventory (4,903) 14,804 (11,746)
Prepaid expenses and other assets (9,845) (12,739) (8,992)
Accounts payable, accrued and other liabilities 4,967 13,506 1,530
Deferred revenue 24,013 54,242 39,735
Net cash provided by operating activities 65,673 63,875 18,471
Cash flows from investing activities:      
Purchases of investments (354,477) (4,331) (19,950)
Proceeds from call / maturity of investments 130,083 11,158 61,080
Purchases of property and equipment (15,939) (11,139) (10,419)
Proceeds from disposal of property and equipment 0 0 24
Purchases of intangible assets (404) (558) (1,024)
Business acquisitions, net of cash acquired 0 (4,990) (10,629)
Net cash provided by (used in) investing activities (240,737) (9,860) 19,082
Cash flows from financing activities:      
Net proceeds from equity offering 0 233,993 0
Proceeds from options exercised 114 1,757 1,383
Income and payroll tax payments for net-settled stock awards (4,051) (14,127) (3,453)
Payment of contingent consideration for business acquisitions 0 (2,275) (1,750)
Net cash provided by (used in) financing activities (3,937) 219,348 (3,820)
Effect of exchange rate changes on cash and cash equivalents 329 (774) 737
Net increase (decrease) in cash and cash equivalents (178,672) 272,589 34,470
Cash and cash equivalents and restricted cash, beginning of year 351,027 78,438 43,968
Cash and cash equivalents and restricted cash, end of year $ 172,355 $ 351,027 $ 78,438