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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:        
Consolidated net income $ 13,094 $ 2,548 $ 11,766 $ 7,379
Adjustments to reconcile net income to net cash (used in) provided by operating activities:        
Depreciation 6,189 5,346 24,359 19,541
Amortization of Intangible Assets 1,098 30 2,649 104
Stock-based compensation to employees and directors 968 778 3,716 3,890
Deferred income taxes 7,684 1,698 7,469 3,122
Amortization of debt issuance costs 0 39 (18) 39
Loss on investment in precious metals 0 0 1,183 1,269
Loss on investment in cryptocurrency 0 117 35 117
Ineffective portion of loss on cash flow hedge 0 0 124 0
Redemption Premium 0 0 850 0
Other 13 10 12 7
Changes in operating assets and liabilities, net of acquisitions:        
Restricted cash 0 0 0 1,000
Accounts receivable, net (951) 3,312 (800) 185
Inventories, net 603 1,741 5,028 (1,694)
Prepaid inventories, net 109 (960) 2,972 (2,509)
Prepaids and other current assets 3,107 1,244 525 (385)
Other long-term assets, net 12 346 (268) 151
Accounts payable (45,515) (45,249) 10,216 8,312
Accrued liabilities (13,336) (10,359) (7,130) 18,966
Deferred revenue (8,132) (4,709) (930) 6,899
Other long-term liabilities 554 979 1,344 1,031
Net cash (used in) provided by operating activities (34,503) (43,089) 63,102 67,424
Cash flows from investing activities:        
Purchases of marketable securities (4) (3) (15) (14)
Sales of marketable securities 27 35 27 35
Purchases of intangible assets (1) (32) (194) (145)
Investment in precious metals 0 0 0 (2,496)
Investment in cryptocurrency 0 0 0 (300)
Equity method investment 0 (95) (57) (345)
Disbursement of note receivable (2,850) 0 (7,850) 0
Cost method investments 0 (5,000) (2,000) (5,000)
Acquisitions of businesses, net of cash acquired 1,177 0 (9,424) 0
Expenditures for fixed assets, including internal-use software and website development (19,592) (6,612) (72,493) (41,763)
Proceeds from sale of fixed assets 7 0 46 43
Net cash used in investing activities (21,236) (11,707) (91,960) (49,985)
Cash flows from financing activities:        
Payments on capital lease obligations 0 (362) 0 (687)
Paydown on direct financing arrangement (54) (75) (288) (289)
Repayments of Other Long-term Debt (375) 0 (479) 0
Payments for Derivative Instrument, Financing Activities (141) 0 (198) 0
Proceeds from (Repayments of) Other Long-term Debt 3,421 0 9,119 0
Proceeds from debt issuance 0 0 5,500 0
Repayments of Debt 0 0 (750) 0
Proceeds from Issuance of Long-term Debt 11,123 0 20,611 0
Change in restricted cash 0 75 75 75
Proceeds from exercise of stock options 0 193 77 533
Purchase of treasury stock (308) (2,354) (321) (2,365)
Payment of debt issuance costs 0 0 (621) (1,031)
Net cash provided by (used in) financing activities 13,666 (2,523) 32,725 (3,764)
Net (decrease) increase in cash and cash equivalents (42,073) (57,319) 3,867 13,675
Cash and cash equivalents, beginning of period 170,262 181,641 124,322 110,647
Cash and cash equivalents, end of period 128,189 124,322 128,189 124,322
Cash paid during the period:        
Interest paid 279 8 495 41
Taxes paid 479 72 680 148
Non-cash investing and financing activities:        
Fixed assets, including internal-use software and website development, costs financed through accounts payable and accrued liabilities 6,181 2,659 6,181 2,659
Equipment acquired under capital lease obligations 0 362 0 687
Capitalized interest cost 39 39 157 65
Acquisition of businesses through stock issuance 0 0 18,149 0
Change in value of cash flow hedge $ 1,594 $ 1,141 $ 1,718 $ 2,149