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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities    
Net loss $ (76,582) $ (12,135)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash benefit on release of tax valuation allowance   (11,797)
Depreciation and amortization 3,509 1,017
Stock-based compensation expense 21,482 4,843
Change in fair value of contingent consideration 2,188  
Other non-cash items 269 168
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (1,059) 854
Accounts payable (418) (2,702)
Accrued expenses and other liabilities 1,098 7,674
Deferred revenue 13,716 (12,670)
Deferred rent (480) 1,490
Net cash used in operating activities (36,277) (23,258)
Investing activities    
Restricted cash 359  
Purchase of property and equipment (2,568) (4,534)
Acquisition of business, net of cash acquired   (4,673)
Purchases of marketable securities (261,440)  
Proceeds from maturities of marketable securities 62,680  
Net cash used in investing activities (200,969) (9,207)
Financing activities    
Proceeds from public offering of common stock, net of issuance costs 477,179  
Proceeds from issuance of common stock 5,521 1,896
Net cash provided by financing activities 482,700 1,896
Increase (decrease) in cash and cash equivalents 245,454 (30,569)
Cash and cash equivalents at beginning of period 347,845 206,279
Cash and cash equivalents at end of period 593,299 175,710
Non-cash investing and financing activities:    
Assets acquired in acquisition   43,759
Liabilities assumed in acquisition   12,768
Equity issued in acquisition   19,348
Purchases of property and equipment included in accounts payable and accrued expenses 524 344
Offering expenses included in accounts payable and accrued expenses 115 45
Stock option exercise proceeds receivable $ 181 $ 75