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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net (loss) income $ (7,246) $ 3,704
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 14,229 7,175
Loss on asset disposal 436 434
Foreign currency transaction gain (loss) 27 (12)
Stock-based compensation expense 8,406 3,104
Deferred taxes (2,851) (944)
Change in operating assets and liabilities:    
Accounts receivable, net 22,599 12,643
Prepaid expenses and other assets (4,331) (2,256)
Accounts payable, accrued expenses and other liabilities 3,755 8,406
Deferred revenue (9,585) (4,100)
Net cash provided by operating activities 25,439 28,154
Investing activities:    
Purchase of property and equipment (3,973) (14,790)
Capitalized software development costs (15,278) (10,094)
Net purchases of short-term investments (8,367) (7,325)
Acquisition and acquisition-related consideration payments (19,259) (4,121)
Restricted cash 15 252
Net cash used in investing activities (46,862) (36,078)
Financing activities:    
Proceeds from exercise of stock options 1,663 660
Excess tax benefits from stock-based compensation 2,514 0
Proceeds from follow-on public offering, net of expenses 0 24,846
Net cash provided by financing activities 4,177 25,506
Effect of exchange rate changes on cash and cash equivalents (124) 12
Change in cash and cash equivalents (17,370) 17,594
Cash and cash equivalents, beginning of period 144,544 146,407
Cash and cash equivalents, end of period 127,174 164,001
Supplemental cash flow information:    
Income taxes paid 568 1,015
Supplemental disclosure of noncash investing activities:    
Outstanding payments for purchase of property and equipment in accounts payable at period end $ 322 $ 1,368