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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income (loss) $ (12,348) $ (30,770) $ 29,993
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Stock-based compensation 9,832 7,157 5,110
Depreciation and amortization 1,548 1,209 1,016
Amortization of contract acquisition costs 2,915 1,834
Change in deferred tax assets 34 17,438 (18,678)
Provision for doubtful accounts receivable (590) (1,257) 1
Other 127 241 (51)
Changes in assets and liabilities:      
Accounts receivable (2,509) (117) (4,229)
Inventories (5,907) 768 (13,805)
Other current assets and prepaid expenses (1,762) (1,070) (591)
Other long-term assets (3,355) (2,754) 6
Accounts payable 1,406 4,277 4,404
Accrued liabilities 7,157 (3,781) 9,345
Extended warranty liabilities (1,160) 3,159
Other long-term liabilities (140) 140
Deferred revenue 1,656 1,305 1,557
Income tax liability (301) 15 211
Net cash provided by (used in) operating activities (2,217) 308 14,287
Cash flows from investing activities:      
Acquisition of property, equipment and software (991) (1,488) (855)
Disposal of property and equipment 45 41 53
Proceeds from sales of marketable investments 13,044 33,640
Proceeds from maturities of marketable investments 14,700 10,050 45,812
Purchase of marketable investments (12,687) (10,874) (60,956)
Net cash provided by investing activities 1,067 10,773 17,694
Cash flows from financing activities:      
Repurchase of common stock (35,167)
Proceeds from exercise of stock options and employee stock purchase plan 2,894 4,399 5,435
Taxes paid related to net share settlement of equity awards (831) (3,129) (1,469)
Payments on capital lease obligation (649) (483) (371)
Net cash provided by (used in) financing activities 1,414 787 (31,572)
Net increase in cash and cash equivalents 264 11,868 409
Cash and cash equivalents at beginning of year 26,052 14,184 13,775
Cash and cash equivalents at end of year 26,316 26,052 14,184
Supplemental cash flow information:      
Cash paid for interest 81 85 70
Cash paid for income taxes 59 472 220
Supplemental non-cash investing and financing activities:      
Assets acquired under capital lease $ 738 $ 610 $ 365