XML 22 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities      
Net loss $ (31,133) $ (2,011) $ (43,501)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 11,803 18,090 29,884
Deferred income taxes (68) (45)  
Stock-based compensation 8,565 7,779 7,562
Goodwill impairment charge 0 0  
Gain on disposal of business and online properties   (40,230) (3,156)
Other (191) 111 (105)
Change in operating assets and liabilities, net of effect of acquisitions and disposals:      
Accounts receivable, net (1,108) 3,502 3,840
Prepaid expenses and other current assets 705 238 917
Other long-term assets 81 (371) (131)
Accounts payable (1,140) 529 (2,794)
Accrued expenses and other liabilities 972 (166) (1,177)
Deferred revenue (142) (519) 223
Net cash used in operating activities (11,656) (13,093) (8,438)
Cash flows from investing activities      
Purchases of property and equipment (5,337) (4,582) (4,732)
Purchases of intangible assets (286) (147) (87)
Cash received from disposal of businesses and online properties, net of cash disposed 4,285 36,815 5,071
Cash received from early repayment of promissory note     5,100
Cash received from disposition holdback     998
Cash paid for acquisitions, net of cash acquired (6,304) (1,413) (58)
Restricted deposits 742 136 671
Other 7 98 126
Net cash (used in) provided by investing activities (6,893) 30,907 7,089
Cash flows from financing activities      
Proceeds from exercises of stock options and purchases under ESPP 2,598 579 464
Repurchases of common stock (65) (4,874)  
Taxes paid on net share settlements of restricted stock units (3,284) (1,246) (668)
Cash paid for acquisition holdback (119)   (7,561)
Other (65) (32) (121)
Net cash used in financing activities (935) (5,573) (7,886)
Effect of foreign currency on cash and cash equivalents (36) 53 (15)
Change in cash and cash equivalents (19,520) 12,294 (9,250)
Cash and cash equivalents, beginning of period 50,864 38,570 47,820
Cash and cash equivalents, end of period 31,344 50,864 38,570
Supplemental disclosure of cash flows      
Cash paid for interest 6 4 143
Cash paid for taxes 112 $ 99 116
Stock issued for acquisitions $ 1,603   $ 731