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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2017
Apr. 02, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (2,237) $ 2,971
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 2,021 1,271
Stock-based compensation expense 12,554 8,176
Deferred income taxes (4,137) (117)
Inventory write-down 206 175
Other 29 25
Changes in operating assets and liabilities:    
Accounts receivable 18,996 2,263
Inventories (770) (2,073)
Prepaid expenses and other assets (2,792) 654
Accounts payable 1,718 (254)
Accrued liabilities and other liabilities (14,371) (13,076)
Deferred revenue (1,947) (3,282)
Net cash provided by (used in) operating activities 9,270 (3,267)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of short-term investments (33,710) (29,107)
Proceeds from maturities of short-term investments 37,500 26,786
Purchase of property and equipment (2,695) (2,107)
Net cash provided by (used in) investing activities 1,095 (4,428)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from employee stock purchase plan 4,956 3,368
Proceeds from exercise of stock options 581 1,377
Shares repurchased for tax withholdings on vesting of restricted stock units (4,339) (1,385)
Net cash provided by financing activities 1,198 3,360
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 11,563 (4,335)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH — Beginning of period 148,926 120,212
CASH, CASH EQUIVALENTS AND RESTRICTED CASH — End of period 160,489 115,877
Current assets - Cash and cash equivalents 159,676 115,877
Other assets, non-current - restricted cash 813 0
Cash and cash equivalents 159,676 115,877
Income taxes paid during the period 750 283
Unpaid property and equipment purchases $ 955 $ 314