XML 17 R7.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities:    
Consolidated net income $ 11,251 $ 4,990
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 4,199 3,296
Stock-based compensation expense 2,817 1,994
Increase (decrease) in long-term deferred revenue 2,038 (81)
Increase in other assets 33 62
Increase in long-term income taxes payable 7 5
Deferred income taxes 0 2
Credit gain on available-for-sale securities 0 (1)
Change in current assets and liabilities, net (10,232) (5,682)
Net cash provided by operating activities 10,113 4,585
Investing activities:    
Sales or maturities of short-term investments 0 25,000
Additions to property, plant and equipment (10,089) (22,683)
Net cash (used for) provided by investing activities (10,089) 2,317
Financing activities:    
Proceeds from employee stock plans 2,261 1,810
Net cash provided by financing activities 2,261 1,810
Effect of foreign exchange rates on cash 1 (80)
Net increase in cash and cash equivalents 2,286 8,632
Cash and cash equivalents at beginning of period 190,611 182,418
Cash and cash equivalents at end of period $ 192,897 $ 191,050