XML 15 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net income $ 24,286 $ 21,353
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 8,700 8,147
Share-based Compensation 3,958 3,541
Deferred taxes 1,608 403
Loss on impairment of assets 455
Amortization of held-to-maturity securities 592 590
Other 77 (1,095)
Changes in operating assets and liabilities:    
Accounts receivable (6,914) 1,201
Inventories 175 (187)
Prepaid expenses and other (775) (1,146)
Income taxes 1,769 5,984
Accounts payable 2,534 (1,368)
Accrued liabilities and other 3,417 600
Net cash provided by operating activities 39,427 38,478
Investing activities    
Purchases of property and equipment (13,301) (22,416)
Purchases of marketable securities (20,037) (38,304)
Proceeds from maturities of marketable securities 25,194 28,759
Purchases of other investments (514)
Net cash used in investing activities (8,658) (31,961)
Financing activities    
Acquisition-related contingent consideration (400)
Proceeds from exercises of stock options and other 3,791 3,729
Repurchases of common stock (4,410)
Net cash (used in) provided by financing activities (619) 3,329
Effect of exchange rate changes on cash and cash equivalents 251 (168)
Net increase in cash and cash equivalents 30,401 9,678
Cash and cash equivalents, beginning of period 68,795 47,653
Cash and cash equivalents, end of period $ 99,196 $ 57,331