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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities    
Net loss $ (12,451) $ (18,730)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,365 3,402
Employee stock-based compensation 9,389 8,127
Write-off of previously capitalized software costs   577
Impairment of assets held for sale and long-lived assets 56  
Gain on disposal of property and equipment   (19)
Outside director restricted stock awarded in lieu of fees 100 100
Gain on sale of equity securities (2,009)  
Deferred tax benefit from unrealized gain on available-for-sale marketable securities   (6,970)
Changes in assets and liabilities:    
Accounts receivable 3,553 2,016
Prepaid expenses and other assets (1,186) 148
Accounts payable (2,368) (730)
Accrued compensation and employee benefits (1,725) 290
Accrued expenses and other liabilities 4,318 919
Deferred revenues (197) 189
Net cash provided by (used in) operating activities 1,845 (10,681)
Investing activities    
Purchases of property and equipment (6,879) (9,508)
Purchases of marketable securities (35,932) (43,348)
Maturities of marketable securities 40,007 54,240
Proceeds from sales of marketable securities 5,117  
Net cash provided by investing activities 2,313 1,384
Financing activities    
Net proceeds from issuance of common stock under stock plans 7,072 6,894
Withholding taxes related to restricted stock units net share settlement (3,103) (3,572)
Net cash provided by financing activities 3,969 3,322
Net increase (decrease) in cash and cash equivalents 8,127 (5,975)
Cash and cash equivalents at the beginning of the period 32,533 29,726
Cash and cash equivalents at the end of the period 40,660 23,751
Non-cash investing and financing activities    
Accrued purchase of property and equipment 605 2,870
Change in fair value of equity investment $ (1,404) $ 18,995