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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ (26,685) $ 7,157
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 5,811 5,487
Loss on disposal and abandonment of intangible assets 113 18
Loss on disposal and impairment of property and equipment, net 1,305 1,563
Stock-based compensation 54,030 16,532
Deferred income taxes (6,152) (1,311)
Unrecognized tax benefits 612 613
Other noncash, net 2,596 1,822
Provision for expected credit losses 658 0
Change in assets and liabilities:    
Accounts and notes receivable and contract assets (9,375) (11,006)
Inventory (43,271) (7,515)
Prepaid expenses and other assets (8,551) (5,761)
Accounts payable, accrued and other liabilities 16,708 (16,752)
Deferred revenue 5,224 6,577
Net cash used in operating activities (6,977) (2,576)
Cash flows from investing activities:    
Purchases of investments (292,597) (141,992)
Proceeds from call / maturity of investments 158,670 25,319
Purchases of property and equipment (7,551) (7,861)
Proceeds from disposal of property and equipment 78 0
Purchases of intangible assets (111) (344)
Investment in unconsolidated affiliate (4,700) 0
Net cash used in investing activities (146,211) (124,878)
Cash flows from financing activities:    
Net proceeds from equity offering 306,779 0
Proceeds from options exercised 295 104
Income and payroll tax payments for net-settled stock awards (5,767) (2,132)
Net cash provided by (used in) financing activities 301,307 (2,028)
Effect of exchange rate changes on cash and cash equivalents (1,115) (252)
Net increase (decrease) in cash and cash equivalents 147,004 (129,734)
Cash and cash equivalents and restricted cash, beginning of period 172,355 351,027
Cash and cash equivalents and restricted cash, end of period 319,359 221,293
Supplemental disclosures:    
Cash and cash equivalents 319,253 219,720
Restricted cash (Note 1) 106 1,573
Total cash, cash equivalents and restricted cash shown in the statements of cash flows 319,359 221,293
Cash paid for income taxes, net of refunds 6,327 1,331
Non-cash transactions    
Property and equipment purchases in accounts payable and accrued liabilities $ 430 $ 91