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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities    
Net income $ 33,335 $ 34,521
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 12,831 10,422
Share-based Compensation 5,260 4,515
Deferred taxes 495 (310)
Excess tax benefit from stock-based compensation (1,965) (5,212)
Loss on impairment of assets 455
Amortization of held-to-maturity securities 881 936
Other (1,381)
Changes in operating assets and liabilities:    
Accounts receivable (1,626) (8,827)
Inventories (203) (1,117)
Prepaid expenses and other (1,107) (2,596)
Income taxes 8,114 (546)
Accounts payable (2,043) 3,744
Accrued liabilities and other 3,131 5,754
Net cash provided by operating activities 56,177 41,284
Investing activities    
Purchases of property and equipment (30,981) (27,259)
Purchases of marketable securities (56,213) (42,674)
Proceeds from maturities of marketable securities 45,907 40,899
Net cash used in investing activities (41,287) (29,034)
Financing activities    
Payments on debt (107)
Acquisition-related contingent consideration (400) (1,400)
Proceeds from exercises of stock options and other 4,168 5,165
Excess tax benefit from stock-based compensation 1,965 5,212
Net cash provided by financing activities 5,733 8,870
Effect of exchange rate changes on cash and cash equivalents (58) (318)
Net increase in cash and cash equivalents 20,565 20,802
Cash and cash equivalents, beginning of period 47,653 43,329
Cash and cash equivalents, end of period $ 68,218 $ 64,131