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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (48,442) $ (56,974)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 26,249 26,666
Depreciation 2,430 2,540
Amortization of intangible assets 445 462
Provision for doubtful accounts 97 24
Amortization (accretion) of premium on investment securities (36) 44
Changes in operating assets and liabilities:    
Accounts receivable (4,075) 970
Other current and noncurrent assets (573) (1,401)
Accounts payable 1,241 (944)
Accrued expenses and other long-term liabilities 2,362 119
Deferred revenue 12,937 8,297
Net cash used in operating activities (7,365) (20,197)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (5,046) (2,349)
Proceeds from maturities of investment securities 35,415 70,717
Purchase of investment securities (1,794) (61,383)
Net cash provided by investing activities 28,575 6,985
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Employee Stock Purchase Plan 3,590 3,247
Proceeds from exercise of stock options 3,911 814
Taxes paid for net settlement of stock-settled bonus (3,149)  
Net cash provided by financing activities 4,352 4,061
NET CHANGE IN CASH AND CASH EQUIVALENTS 25,562 (9,151)
CASH AND CASH EQUIVALENTS-Beginning of period 54,043 47,234
CASH AND CASH EQUIVALENTS-End of period 79,605 38,083
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for income taxes 758 817
SUPPLEMENTAL DISCLOSURES OF NONCASH FINANCING ACTIVITIES:    
Value of shares issued under the 2015 Non-Executive Bonus Plan   5,639
Value of shares issued under the 2016 Bonus Plans 5,123  
Value of shares issued under the Employee Stock Purchase Plan 4,562 $ 4,851
Unpaid property and equipment purchases $ 667