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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net loss $ (5,736) $ (15,271)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 8,573 6,654
Employee stock-based compensation 15,257 14,102
Write-off of previously capitalized software costs 76 2,600
Impairment of assets held for sale and long-lived assets 22 56
Gain on disposal of property and equipment 35 (158)
Outside director restricted stock awarded in lieu of fees 150 150
Gain on sale of equity securities (2,807) (2,009)
Deferred tax benefit from unrealized gain on available-for-sale marketable securities, net 820  
Changes in assets and liabilities:    
Accounts receivable (405) 3,482
Prepaid expenses and other assets 2,139 (1,456)
Accounts payable 5,725 (1,970)
Accrued compensation and employee benefits (3,281) 2,436
Accrued expenses and other liabilities 890 2,428
Deferred revenues   (403)
Net cash provided by operating activities 21,458 10,641
Investing activities    
Purchases of property and equipment (10,403) (8,788)
Proceeds from sale of property and equipment 10 8
Purchases of marketable securities (88,152) (56,504)
Maturities of marketable securities 59,402 51,257
Proceeds from sales of marketable securities 10,155 5,117
Other investments   (6,100)
Net cash used in investing activities (28,988) (15,010)
Financing activities    
Net proceeds from issuance of common stock under stock plans 14,685 9,105
Withholding taxes related to restricted stock units net share settlement (4,540) (3,270)
Net cash provided by financing activities 10,145 5,835
Net increase in cash and cash equivalents 2,615 1,466
Cash and cash equivalents at the beginning of the period 40,404 32,533
Cash and cash equivalents at the end of the period 43,019 33,999
Non-cash investing and financing activities    
Accrued purchases of property and equipment $ 1,381 3,802
Change in fair value of equity investment   $ 942