XML 18 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net (loss) income $ (530,113) $ 3,686
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 17,674 22,517
Asset impairment charges 329,097 0
Amortization of debt discount 20,325 19,392
Unrealized foreign currency transaction losses (gains), net 1,276 (125)
Stock compensation expense 24,078 24,541
Gain on sale of businesses 0 (289,305)
Loss on disposal of fixed assets 72 1
Deferred tax benefit (89,992) (1,661)
Extinguishment of debt 0 5,380
Reserve for excess or obsolete inventory 1,797 7,350
Changes in contingent purchase price (11,788) 13,573
Changes in operating assets and liabilities:    
Accounts receivable 14,476 24,125
Inventory, net 1,976 (14,077)
Prepaid expenses and other current assets 5,886 1,907
Accounts payable (16,898) (17,265)
Accrued expenses (5,245) (49,110)
Deferred revenue (11,707) (5,761)
Payments on contingent purchase price (52,499) 0
Other liabilities (3,189) (6,153)
Net cash used in operating activities (304,774) (260,985)
Cash flows from investing activities:    
Purchases of fixed assets (4,525) (920)
Purchases of available for sale securities (131,560) 0
Proceeds from maturities and sales of available for sale securities 89,344 0
Payments for intangible assets 0 (10,000)
Proceeds from sale of businesses 0 437,875
Change in restricted cash 10 (3,660)
Net cash (used in) provided by investing activities (46,731) 423,295
Cash flows from financing activities:    
Proceeds from issuances of common stock, net 40,708 27,404
Payments on contingent purchase price (10,119) (7,921)
Proceeds from the issuance of convertible senior notes 0 402,500
Repayments of convertible senior notes (55,000) (323,225)
Purchase of capped call transactions related to convertible senior notes 0 (33,931)
Proceeds from settlement of bond hedges related to convertible senior notes 0 100,459
Settlement of warrants 0 (87,874)
Debt and equity issuance costs 0 (11,725)
Purchase of shares of non-controlling interest (167) 0
Net cash (used in) provided by financing activities (24,578) 65,687
Effect of exchange rate changes on cash 982 (814)
(Decrease) increase in cash and cash equivalents (375,101) 227,183
Cash and cash equivalents at beginning of period 541,835 373,173
Cash and cash equivalents at end of period 166,734 600,356
Supplemental disclosure of cash flow information:    
Interest paid 22,561 11,891
Non-cash investing and financing activities    
Issuance of common stock upon conversion of convertible notes 32,018 0
Receipt of common stock upon settlement of 2017 Note hedge 40,015 0
Issuance of common stock upon the exercise of the 2017 Warrants $ 887 $ 0