XML 16 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities:    
Net income (loss) $ (72,741) $ (70,312)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 32,158 42,349
Stock-based expense 80,982 99,803
(Gain) loss from sales of investments, assets and other, net 160 (6,283)
Tax benefits (costs) from stock-based awards   90
Excess tax benefits (costs) from stock-based awards   (90)
Accretion and amortization on marketable securities 322 4,941
Deferred income taxes (2,734) (9,151)
Impairment of intangible assets 20,677  
Changes in operating assets and liabilities:    
Accounts receivable, net 8,743 2,544
Income tax receivable 1,711 (1,712)
Other assets (2,519) (11,860)
Accounts payable (10,171) 12,226
Deferred revenue 2,121 (61,097)
Other liabilities (26,436) (49,360)
Net cash provided by (used in) operating activities 32,273 (47,912)
Investing activities:    
Purchases of marketable securities   (101,091)
Sales and maturities of marketable securities 240,337 702,017
Acquisition of property and equipment (6,621) (6,847)
Business acquisitions, net of cash acquired (33,630) (20,023)
Proceeds from sale of property and equipment 3,035 750
Proceeds from sale of equity method investment   10,507
Net cash provided by (used in) investing activities 203,121 585,313
Financing activities:    
Taxes paid related to net share settlement of equity awards (2,163) (1,866)
Repurchases of common stock (112,392)  
Proceeds from employee stock purchase plan and exercise of stock options 5,570 7,292
Excess tax benefits (costs) from stock-based awards   90
Acquisition-related contingent consideration payment   (10,790)
Net cash provided by (used in) financing activities (108,985) (5,274)
Effect of exchange rate changes on cash and cash equivalents (2,307) (410)
Net increase (decrease) in cash and cash equivalents 124,102 531,717
Cash and cash equivalents, beginning of period 742,217 131,303
Cash and cash equivalents, end of period $ 866,319 $ 663,020