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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities:      
Net loss $ (22,262) $ (59,524) $ (5,149)
Adjustments to reconcile to net cash used in operating activities:      
Depreciation 328 190 74
Amortization of debt discount 1,604 1,472 1,349
Equity (income) loss (671) 39,599 15,335
Other (income) loss, net 1,682 (217) (31,657)
Stock-based compensation expense 2,394 1,611 1,935
Changes in assets and liabilities:      
Accounts receivable, net (1,521) (923) (369)
Accounts payable, accrued expenses, and other (215) 43 (1,707)
Net cash used in operating activities (18,661) (17,749) (20,189)
Cash Flows from Investing Activities:      
Acquisitions of ownership interests in companies (52,431) (70,186) (59,476)
Proceeds from sales of and distributions from companies 73,965 25,058 82,822
Advances and loans to companies (27,967) (15,208) (10,968)
Repayment of advances and loans to companies 1,741 1,318 4,684
Increase in marketable securities (21,194) (29,755) (55,594)
Decrease in marketable securities 46,315 33,640 55,410
Capital expenditures (432) (1,856) (59)
Other, net 64 0 137
Net cash provided by (used in) investing activities 20,061 (56,989) 16,956
Cash Flows from Financing Activities:      
Repurchase of convertible senior debentures 0 0 (441)
Payments Related to Tax Withholding for Share-based Compensation (460) 0 0
Issuance of Company common stock, net 5 676 1,289
Repurchase of Company common stock (5,389) (4,997) (25,036)
Net cash used in financing activities (5,844) (4,321) (24,188)
Net change in cash, cash equivalents and restricted cash equivalents (4,444) (79,059) (27,421)
Cash, cash equivalents and restricted cash equivalents at beginning of period 32,838 111,897 139,318
Cash, cash equivalents and restricted cash equivalents at end of period $ 28,394 $ 32,838 $ 111,897