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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net loss $ (22,745) $ (22,991)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 24,193 18,886
Stock-based compensation 18,758 14,553
Deferred income taxes 970 (9,156)
Accretion of convertible debt and amortization of debt issuance costs 6,799 6,330
Net unrealized gain on equity investments (272) (3,023)
Amortization of premiums on marketable securities (258) (36)
Other non-cash items 290 10
Changes in assets and liabilities:    
Accounts receivable 3,216 19,137
Inventories 1,313 (3,016)
Prepaid expenses and other assets (969) (84)
Income tax payable/receivable 281 (728)
Accounts payable (2,065) 776
Accrued expenses (3,025) (3,920)
Deferred revenue 427 (43)
Other liabilities (998) 499
Net cash provided by operating activities 25,915 17,194
Cash flows from investing activities    
Purchases of property and equipment (4,389) (14,527)
Proceeds from insurance claim 125
Purchases of marketable securities (48,054) (86,177)
Sales of marketable securities 6,464 1,857
Maturities of marketable securities 73,071 76,815
Payments related to purchase of intangible assets (7,180) (6,271)
Proceeds from sale of equity investment 2,414
Purchase of equity investments (12,811)
Net cash provided by (used in) investing activities 19,912 (38,575)
Cash flows from financing activities    
Proceeds from exercise of stock options 646 291
Proceeds from employee stock purchase plan purchases 3,477 3,704
Payment of obligations related to equipment financing (125) (175)
Repayment of long-term loan 123
Minimum tax withholding paid on behalf of employees for net share settlement (3,995) (1,912)
Net cash provided by financing activities 3 2,031
Net increase (decrease) in cash and cash equivalents 45,830 (19,350)
Cash and cash equivalents at beginning of period 172,018 163,450
Cash and cash equivalents at end of period 217,848 144,100
Supplemental cash flow information:    
Interest paid 1,529 1,295
Income taxes paid 57 1,626
Supplemental disclosure of non-cash investing and financing activities:    
Purchase of marketable securities not paid 6,514 1,248
Software license intangible assets acquired $ 1,880 $ 2,923