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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net loss $ (11,226) $ (9,158)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 5,778 4,295
Share-based compensation 8,652 5,370
Provision for doubtful accounts 197 52
Amortization of premiums on marketable securities 635 670
Deferred income tax benefit (7,498) (6,026)
Other 46 82
Change in operating assets and liabilities:    
Trade and other receivables 467 (295)
Prepaid expenses and other current assets (1,360) (4,319)
Other non-current assets 27 (44)
Accounts payable (12,293) 2,563
Accrued expenses and other liabilities 7,991 4,556
Deferred revenue 19,203 22,777
Other non-current liabilities 246 7
Net cash provided by operating activities 10,865 20,530
Investing activities    
Acquisition of property and equipment, including capitalization of internal use software (4,830) (2,816)
Purchases of marketable securities (25,521) (39,379)
Sales and maturities of marketable securities 65,071 33,438
Net cash provided by (used in) investing activities 34,720 (8,757)
Financing activities    
Proceeds from stock-based compensation plans 1,956 1,773
Payments related to the repurchases of common stock (51,923) 0
Payments for employee tax withholdings related to restricted stock units and awards (950) (230)
Net cash provided by (used in) financing activities (50,917) 1,543
Net increase (decrease) in cash and cash equivalents (5,332) 13,316
Cash and cash equivalents at beginning of period 50,239 146,569
Cash and cash equivalents at end of period $ 44,907 $ 159,885