XML 58 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities    
Net loss $ (19,367) $ (20,524)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 11,461 9,512
Stock-based compensation expense 3,624 2,675
Deferred taxes 77 (6)
Investment-related amortization and accrued interest 195 669
Loss on disposal of property and equipment 133 109
Allowance for doubtful accounts 13 (144)
Write-down of inventories 1,595 849
Other, net 191 356
Change in assets and liabilities, net of effects of acquisitions:    
Accounts receivable (15,298) (1,766)
Inventories (1,517) (1,577)
Prepaid expenses and other assets (3,785) 47
Accounts payable 5,825 2,308
Acquisition-related transaction costs   3,282
Accrued and other liabilities (3,454) 104
Net cash used in operating activities (20,307) (4,106)
Cash flows from investing activities    
Purchase of property, plant and equipment (5,907) (10,453)
Purchase of marketable securities (9,653) (48,771)
Proceeds from sale of marketable securities 9,634 35,247
Proceeds from maturity of securities 9,448 40,255
(Increase) decrease in restricted cash (16,018) 859
Acquisition, net of notes payable   (14,979)
Net cash (used in) provided by investing activities (12,496) 2,158
Cash flows from financing activities    
Proceeds from exercise of stock options 739 652
Proceeds from issuance of stock under ESPP 1,247 1,162
Tax withholding on restricted stock units (86) (80)
Payment of acquisition-related contingent consideration (1,985)  
Proceeds from bank loans 8,098 26,443
Repayment of bank loans (6,918) (22,360)
Proceeds from issuance of notes payable 12,319 9,471
Repayment of notes payable (9,787) (12,661)
Net cash provided by financing activities 3,627 2,627
Effect of exchange rates on cash and cash equivalents 118 (61)
Net (decrease) increase in cash and cash equivalents (29,058) 618
Cash and cash equivalents at the beginning of the period 57,101 36,940
Cash and cash equivalents at the end of the period 28,043 37,558
Supplemental disclosure of noncash investing and financing activities:    
Transfer of short-term investments to restricted investments 8,296  
Changes in accounts payable and accrued liabilities related to property, plant and equipment 776 (743)
Issuance of notes to the seller of acquired business   $ 11,130