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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities    
Net loss $ (806) $ (6,351)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 2,407 2,179
Employee stock-based compensation 5,105 4,542
Impairment of assets held for sale and long-lived assets   56
Gain on disposal of property and equipment 35  
Outside director restricted stock awarded in lieu of fees 50 50
Gain on sale of equity securities (2,807) (1,333)
Deferred tax benefit from unrealized gain on available-for-sale marketable securities, net 820 (1,107)
Changes in assets and liabilities:    
Accounts receivable 586 (1,665)
Prepaid expenses and other assets 717 (480)
Accounts payable 2,218 (2,441)
Accrued compensation and employee benefits (8,791) (2,181)
Accrued expenses and other liabilities 1,231 3,439
Deferred revenues   (57)
Net cash provided by (used in) operating activities 765 (5,349)
Investing activities    
Purchases of property and equipment (5,144) (5,311)
Proceeds from sale of property and equipment 10  
Purchases of marketable securities (20,599) (12,207)
Maturities of marketable securities 13,250 19,757
Proceeds from sales of marketable securities 10,155 3,579
Net cash (used in) provided by investing activities (2,328) 5,818
Financing activities    
Net proceeds from issuance of common stock under stock plans 6,069 632
Withholding taxes related to restricted stock units net share settlement (4,136) (2,929)
Net cash provided by (used in) financing activities 1,933 (2,297)
Net increase (decrease) in cash and cash equivalents 370 (1,828)
Cash and cash equivalents at the beginning of the period 40,404 32,533
Cash and cash equivalents at the end of the period 40,774 30,705
Non-cash investing and financing activities    
Accrued purchases of property and equipment $ 2,486 291
Change in fair value of equity investment   $ 3,787