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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating activities    
Net income $ 8,287 $ 4,782
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,734 1,328
Stock-based compensation expense 865 850
Deferred taxes 148  
Excess tax benefit from stock-based compensation (4,067)  
Amortization of held-to-maturity securities 304  
Changes in operating assets and liabilities:    
Accounts receivable (1,929) (3,180)
Inventories (183) (100)
Prepaid expenses and other 393 29
Income taxes 2,719 1,991
Accounts payable 1,115 1,344
Accrued liabilities and other 1,759 367
Net cash provided by operating activities 11,145 7,411
Investing activities    
Purchases of property and equipment (2,548) (8,264)
Purchases of marketable securities (41,088)  
Proceeds from maturities of marketable securities 18,313 250
Net cash used in investing activities (25,323) (8,014)
Financing activities    
Proceeds from initial public offering, net of offering costs   71,675
Payments on debt (92) (94)
Proceeds from exercises of warrants and stock options 1,619 30
Excess tax benefit from stock-based compensation 4,067  
Net cash provided by financing activities 5,594 71,611
Effect of exchange rate changes on cash and cash equivalents (246) 536
Net increase (decrease) in cash and cash equivalents (8,830) 71,544
Cash and cash equivalents, beginning of period 36,759 8,135
Cash and cash equivalents, end of period $ 27,929 $ 79,679