XML 46 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
OPERATING ACTIVITIES:    
Net income $ 26,350 $ 7,800
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 57,999 32,430
Provision (benefit) for doubtful accounts and sales returns 2,953 (290)
Stock-based compensation 82,293 31,949
Excess income tax benefit from stock-based compensation (17,559) (10,367)
Changes in operating assets and liabilities:    
Accounts receivable (272) (22,457)
Deferred commissions 543 (2,073)
Prepaid expenses and other assets (17,846) (20,274)
Accounts payable and other liabilities 20,815 26,816
Income taxes, net (726) 14,484
Deferred revenue 73,444 52,195
Net cash provided by operating activities 227,994 110,213
INVESTING ACTIVITIES:    
Purchases of property and equipment (137,467) (59,691)
Purchases of investments (256,925) (179,377)
Sales of investments 76,420 24,304
Maturities of investments 45,127 60,726
Payments for intangible assets and acquisitions, net of cash acquired (6,547) (47,900)
Changes in deposits and restricted cash (3,543) (2,702)
Net cash used in investing activities (282,935) (204,640)
FINANCING ACTIVITIES:    
Proceeds from issuance of common stock from employee stock options 19,738 23,891
Proceeds from issuance of common stock from employee stock purchase plan 11,500 7,718
Excess income tax benefit from stock-based compensation 17,559 10,367
Other financing activities 813 (140)
Net cash provided by financing activities 49,610 41,836
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (2,407) (81)
CHANGE IN CASH AND CASH EQUIVALENTS (7,738) (52,672)
CASH AND CASH EQUIVALENTS—Beginning of period 270,408 339,048
CASH AND CASH EQUIVALENTS—End of period 262,670 286,376
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Purchases of property and equipment recorded in accounts payable and accrued liabilities 36,103 17,402
Vesting of early exercised stock options 547 2,630
Issuance of Class A common stock and stock options for business combinations $ 40,927 $ 72,461