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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:        
Consolidated net income $ 1,357 $ 7,496 $ 2,662 $ 76,946
Adjustments to reconcile net income to net cash provided by (used in) operating activities:        
Depreciation and amortization 17,827 12,806 23,085 16,495
Stock-based compensation to employees and directors 2,577 2,949 3,663 3,823
Deferred income taxes 3,470 2,909 4,302 (65,611)
Amortization of debt issuance costs 21 0 21 4
Loss on investment in precious metals 662 752 1,179 1,734
Loss on investment in cryptocurrency 147 50 147 50
Restructuring reversals 0 (360) 0 (360)
Ineffective portion of loss on cash flow hedge 124 0 124 0
Other 9 (11) (38) (16)
Changes in operating assets and liabilities, net of acquisitions:        
Restricted cash 0 0 1,000 75
Accounts receivable, net 2,662 1,106 (1,360) (269)
Inventories, net 3,002 1,760 2,077 (2,550)
Prepaid inventories, net 1,936 81 445 203
Prepaids and other current assets (3,782) (3,484) (1,753) (1,025)
Other long-term assets, net 380 (7) 413 440
Accounts payable (47,313) (27,512) 1,851 8,447
Accrued liabilities (17,751) (3,164) 1,020 17,103
Deferred revenue (3,298) 3,330 4,502 10,793
Other long-term liabilities 1,570 803 1,590 3,083
Net cash (used in) provided by operating activities (36,400) (496) 44,930 69,365
Cash flows from investing activities:        
Purchases of marketable securities (11) (19) (15) (40)
Sales of marketable securities 35 77 35 78
Purchases of intangible assets (187) (54) (268) (54)
Investment in precious metals 0 0 (2,496) (2,100)
Investment in cryptocurrency 0 (396) 96 (396)
Equity method investment (152) 0 (402) 0
Disbursements for loans (5,000) 0 (5,000) 0
Cost method investments (7,000) 0 (7,000) 0
Acquisitions of businesses, net of cash acquired (10,573) 0 (10,573) 0
Expenditures for fixed assets, including internal-use software and website development (43,381) (32,544) (52,183) (36,641)
Proceeds from sale of fixed assets 30 0 73 0
Net cash used in investing activities (66,239) (32,936) (77,733) (39,153)
Cash flows from financing activities:        
Payments on capital lease obligations (362) (325) (362) (325)
Paydown on direct financing arrangement (229) (209) (302) (275)
Change in restricted cash 75 0 75 125
Proceeds from exercise of stock options 270 342 439 444
Purchase of treasury stock (2,367) (2,301) (2,367) (2,303)
Proceeds from debt issuance 5,500 0 5,500 0
Payment of debt issuance costs (621) 0 (1,652) 0
Net cash provided by (used in) financing activities 2,266 (2,493) 1,331 (2,334)
Net (decrease) increase in cash and cash equivalents (100,373) (35,925) (31,472) 27,878
Cash and cash equivalents, beginning of period 181,641 148,665 112,740 84,862
Cash and cash equivalents, end of period 81,268 112,740 81,268 112,740
Cash paid during the period:        
Interest paid 35 37 45 52
Taxes paid 272 36 312 267
Non-cash investing and financing activities:        
Fixed assets, including internal-use software and website development, costs financed through accounts payable and accrued liabilities 1,414 505 1,414 635
Equipment acquired under capital lease obligations 362 325 362 325
Capitalized interest cost 117 0 143 0
Acquisition of businesses through stock issuance 18,149 0 18,149 0
Change in value of cash flow hedge $ 1,684 $ 0 $ 2,692 $ 0