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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net loss $ (73,783) $ (343)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 13,292 12,259
Share-based compensation 20,287 13,229
Provision for doubtful accounts 150 333
Amortization of premiums on marketable securities 2,310 1,213
Deferred income tax benefit (27,784) (124)
Other 250 39
Change in operating assets and liabilities:    
Trade and other receivables (3,469) 566
Prepaid expenses and other current assets (1,022) (701)
Other non-current assets 357 716
Accounts payable 1,548 5,282
Accrued expenses and other liabilities 117,693 11,303
Deferred revenue 25,629 26,742
Other non-current liabilities 265 1,617
Net cash provided by operating activities 75,723 72,131
Investing activities    
Acquisition of business, net of cash acquired (12,797) 0
Acquisition of property and equipment, including capitalization of internal use software (9,057) (11,127)
Purchases of marketable securities (191,846) (95,686)
Sales and maturities of marketable securities 122,936 34,418
Premiums paid for company-owned life insurance policies (4,337) (4,337)
Net cash used in investing activities (95,101) (76,732)
Financing activities    
Proceeds from stock-based compensation plans 10,144 9,704
Proceeds from warrant exercises 0 375
Payments for employee tax withholdings related to restricted stock units and awards (1,793) (760)
Net cash provided by financing activities 8,351 9,319
Net increase (decrease) in cash and cash equivalents (11,027) 4,718
Cash and cash equivalents at beginning of period 146,569 123,911
Cash and cash equivalents at end of period $ 135,542 $ 128,629