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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Consolidated net income $ 941 $ 6,862
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 5,439 4,998
Stock-based compensation expense, net 2,646 1,539
Provision (benefit) for doubtful accounts 23 (117)
Increase (decrease) in long-term income taxes payable 4 (2)
Decrease in long-term deferred revenue (160) (36)
Gain on disposal of equipment (6) (22)
Deferred income taxes 17 24
Credit gain on available-for-sale securities (2) (2)
Change in current assets and liabilities, net (5,233) (8,005)
Net cash provided by operating activities 3,669 5,239
Investing activities:    
Additions to property, plant and equipment (8,724) (5,864)
Proceeds from sale of equipment 6 22
Increase (decrease) in other assets 95 (137)
Net cash used for investing activities (8,623) (5,979)
Financing activities:    
Proceeds from employee stock plans 7,385 1,707
Proceeds from public offering of stock 109,732  
Payment of contingent consideration obligations (144) (102)
Net cash provided by financing activities 116,973 1,605
Effect of foreign exchange rates on cash 17 60
Net increase in cash and cash equivalents 112,036 925
Cash and cash equivalents at beginning of year 84,668 70,557
Cash and cash equivalents at end of year $ 196,704 $ 71,482