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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 income (loss) $ (62,202) $ 65,392
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization of property and equipment 5,351 1,292
Amortization of intangible assets 84,475 18,126
Stock-based compensation expense 23,961 11,041
Bad debt expense 1,849 69
Amortization of debt issuance costs 1,818 0
Loss on disposal of property and equipment 46 0
Amortization of premium or discount on investments 329 2,128
Deferred income tax and other, net (25,295) 14,170
Changes in operating assets and liabilities:    
Accounts receivable (1,214) (925)
Unbilled contract receivable, net 42,019 0
Other assets 4,104 4,172
Accounts payable (1,258) (287)
Accrued legal fees (2,484) 1,171
Accrued and other liabilities 10,587 (58)
Deferred revenue 3,683 (4,871)
Net cash from operating activities 85,769 111,420
Cash flows from investing activities:    
Purchases of property and equipment (2,487) (2,960)
Purchases of short-term investments (22,572) (161,373)
Proceeds from sales of property and equipment 40 0
Proceeds from sales of short-term investments 1,035 43,436
Proceeds from maturities of short-term investments 8,400 130,570
Net cash from investing activities (15,584) 9,673
Cash flows from financing activities:    
Dividend paid (29,664) (29,442)
Repayment of debt (4,500) 0
Proceeds from exercise of stock options 4,827 4,195
Proceeds from employee stock purchase program 4,132 1,998
Repurchase of common stock (13,531) (70,042)
Net cash from financing activities (38,736) (93,291)
Net increase in cash, cash equivalents and restricted cash 31,449 27,802
Cash and cash equivalents at beginning of period 65,626 22,599
Cash, cash equivalents and restricted cash at end of period 97,075 50,401
Supplemental disclosure of cash flow information:    
Interest paid 21,258 0
Income taxes paid, net of refunds $ 11,614 $ 14,698