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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net loss $ (3,775) $ (806)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 3,155 2,407
Employee stock-based compensation 5,186 5,105
Write-off of previously capitalized software costs 2,368  
Impairment of long-lived assets 2,154  
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)
Unrealized gain on revaluation of equity investment (127)  
Accretion of discount on convertible promissory note (62)  
Deferred tax benefit from unrealized gain on available-for-sale marketable securities, net   820
Changes in assets and liabilities:    
Accounts receivable (1,283) 586
Prepaid expenses and other assets (786) 722
Accounts payable 4,591 2,218
Accrued compensation and employee benefits (3,040) (8,791)
Accrued expenses and other liabilities (2,151) 1,231
Net cash provided by operating activities 6,280 770
Investing activities    
Purchases of property and equipment (2,236) (5,144)
Proceeds from sale of property and equipment   10
Purchases of marketable securities (24,043) (20,599)
Maturities of marketable securities 20,019 13,250
Proceeds from sales of marketable securities   10,155
Net cash used in investing activities (6,260) (2,328)
Financing activities    
Proceeds from issuance of common stock under stock plans 1,152 6,069
Withholding taxes related to restricted stock units net share settlement (4,601) (4,136)
Net cash (used in) provided by financing activities (3,449) 1,933
Net (decrease) increase in cash, cash equivalents and restricted cash (3,429) 375
Cash, cash equivalents and restricted cash at the beginning of period 45,708 40,585
Cash, cash equivalents and restricted cash at the end of period 42,279 40,960
Non-cash investing and financing activities    
Accrued purchases of property and equipment 533 $ 2,486
Change in fair value of equity investment $ 200