XML 110 R7.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities:    
Net loss $ (10,154) $ (10,858)
Adjustments to reconcile net loss to net cash and cash equivalents provided by (used in) operating activities    
Depreciation and amortization 2,201 1,747
Stock-based compensation 6,231 5,142
Provision for deferred income taxes 3 26
Amortization of bond premium discount 221 2
Noncash rent expense 1,112 168
Unrealized currency translation (252) (448)
Changes in assets and liabilities, net of acquisitions    
Accounts receivable 347 (1,451)
Prepaid expenses and other assets (2,403) (1,151)
Deferred commission expense (299) 4
Accounts payable (804) (1,110)
Accrued expenses (1,154) 652
Deferred rent (23)  
Deferred revenue 8,152 6,462
Net cash and cash equivalents provided by (used in) operating activities 3,178 (815)
Investing Activities:    
Purchases of investments (8,969) (25,784)
Maturities of investments 8,875  
Purchases of property and equipment (6,641) (1,025)
Capitalization of software development costs (1,434) (770)
Acquisition of a business   (600)
Net cash and cash equivalents used in investing activities (8,169) (28,179)
Financing Activities:    
Secondary offering proceeds, net of offering costs paid of $138   34,114
Employee taxes paid related to the net share settlement of stock-based awards (958)  
Proceeds related to the issuance of common stock under stock plans 2,992 966
Repayments of capital lease obligations (142) (24)
Net cash and cash equivalents provided by financing activities 1,892 35,056
Effect of exchange rate changes on cash and cash equivalents 538 (408)
Net (decrease) increase in cash and cash equivalents (2,561) 5,654
Cash and cash equivalents, beginning of period 55,580 123,721
Cash and cash equivalents, end of period 53,019 129,375
Supplemental cash flow disclosure:    
Cash and cash equivalents paid for interest 87 29
Cash and cash equivalents paid for income taxes 73  
Non-cash investing and financing activities:    
Property acquired under capital lease 257  
Offering costs incurred but not yet paid   295
Capital expenditures incurred but not yet paid $ 2,974 $ 5