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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net income (loss) $ 7,751 $ (6,726)
Adjustments to reconcile net loss to net cash used for operating activities:    
Depreciation and amortization 2,298 2,299
Deferred taxes 97 334
Stock-based compensation expense 3,055 2,182
Provision for excess and obsolete inventory 537 244
Changes in operating assets & liabilities:    
Accounts receivable 516 4,493
Inventories (19,381) (10,917)
Prepaid expenses and other current assets (2,205) (1,334)
Accounts payable and other current liabilities 21,213 (3,860)
Deferred revenue 1,671 (377)
Income taxes 104 13
Other assets and liabilities (3,888) 1,794
Net cash provided by (used for) operating activities 11,768 (11,855)
Cash flows from investing activities    
Expenditures for property, plant, and equipment (672) (567)
Net cash used for investing activities (672) (567)
Cash flows from financing activities    
Decrease in restricted cash 760  
Financing fees and other expenses (847)  
Principal payments on term loan (14,530)  
Principal payments on sale leaseback obligation (392)  
Proceeds from sale leaseback obligation 48,940  
Proceeds from exercise of stock options 1,665 1,583
Proceeds from Employee Stock Purchase Plan 213 227
Net cash provided by financing activities 35,809 1,810
Effect of exchange rate changes on cash and cash equivalents 427 (90)
Net increase/(decrease) in cash and cash equivalents 47,332 (10,702)
Cash and cash equivalents at beginning of period 30,753 46,290
Cash and cash equivalents at end of period $ 78,085 $ 35,588