XML 33 R7.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements Of Cash Flows (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2008
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities          
Net income (loss) $ 14,361 $ 6,441 $ (5,150) $ 13,871 $ 1,934
Adjustments to reconcile net income (loss) to net cash provided by operating activities:          
Depreciation and amortization 28,176 17,771 2,590 43,332 17,325
Stock-based compensation 2,936 349 26 1,246 227
Loss on sale of patent assets, net       536  
Excess tax benefit from stock-based compensation (203)        
Imputed interest on other obligations 436 867 35 1,649 1,771
Amortization of premium on investments 195        
Reversal of deferred tax valuation allowance         (3,478)
Deferred taxes 25     7,057  
Other (4) 2   13 20
Changes in assets and liabilities:          
Accounts receivable 6,360 3,451 (42) (5,521) (7,069)
Prepaid expenses and other assets 666 (139) (84) (6,014) (68)
Accounts payable 330 (679) 236 (347) 614
Accrued and other liabilities (3,205) 3,898 146 6,563 1,686
Deferred revenue 5,014 42,708 16,895 57,749 4,620
Net cash provided by operating activities 55,087 74,669 14,652 120,134 17,582
Cash flows from investing activities          
Increase in restricted cash     (500) (220)  
Purchases of investments classified as available-for-sale (40,100)        
Maturities of investments classified as available-for-sale 970        
Business acquisitions (3,000)        
Purchases of intangible assets (95)        
Purchases of property and equipment (706) (110) (63) (544) (27)
Acquisitions of patent assets (43,151) (43,048) (22,673) (72,097) (38,542)
Proceeds from sale of patent assets 80   55 500 15,032
Net cash used in investing activities (86,002) (43,158) (23,181) (72,361) (23,537)
Cash flows from financing activities          
Repayments of principal on notes payable and other obligations (16,404) (20,443) (2,400) (30,471) (13,252)
Proceeds from issuance of common stock in initial public offering, net of issuance costs 157,828     (221)  
Proceeds from exercise of stock options and other common stock issuances 2,025 76 52 104  
Payments for the purchase of common stock       (3,238)  
Excess tax benefit from stock-based compensation 203        
Net cash provided by (used in) financing activities 143,652 (20,367) 22,845 (30,045) 20,567
Net increase in cash and cash equivalents 112,737 11,144 14,316 17,728 14,612
Cash and cash equivalents at beginning of period 46,656 28,928   28,928 14,316
Cash and cash equivalents at end of period 159,393 40,072 14,316 46,656 28,928
Supplemental disclosures of cash flow information          
Cash paid for interest expense 2,157 2,701 699 3,686 2,663
Cash paid for income taxes 5,100 1,970   6,110 4
Non-cash investing and financing activities          
Conversion of redeemable convertible preferred stock to common stock 62,793        
Patent assets purchased or financed through notes payable or other obligations   12,079 35,367 16,542 19,840
Adjustments to patent asset purchase price and related liability         2,616
Patent assets received in barter transactions         3,176
Patent assets acquired through settlement of notes receivable   1,010      
Change in patent assets purchased and accrued but not paid 1,996        
Common stock issued in exchange for patent assets     250    
Common stock issued in exchange for other intangible assets     1,450    
Intangible assets received in barter transactions 120        
Initial public offering-related costs accrued but not paid       260  
Change in property and equipment purchased and accrued but not paid       131  
Series A Redeemable Convertible Preferred Stock [Member]
         
Cash flows from financing activities          
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs     10,067    
Series A-1 Redeemable Convertible Preferred Stock [Member]
         
Cash flows from financing activities          
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs     15,126    
Series B Redeemable Convertible Preferred Stock [Member]
         
Cash flows from financing activities          
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs         33,819
Series C Redeemable Convertible Preferred Stock [Member]
         
Cash flows from financing activities          
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs       $ 3,781