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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net income $ 15,069 $ 13,983
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 11,977 9,391
Gain (loss) on disposal of fixed assets (5) 202
Gain on business combination (3,443) 0
Provision for receivable allowance 480 436
Share-based compensation expense 7,301 5,449
Income tax benefits from employee stock plans 3,087 3,058
Excess tax benefits from employee stock plans (3,159) (3,326)
Provision for excess and obsolete inventories 168 250
Deferred income taxes (1,717) 860
Changes in operating assets and liabilities:    
Accounts receivable, net (27,676) (24,408)
Inventories (9,633) (335)
Prepaid expenses 8,234 2,144
Other current assets 1,507 1,602
Net investment in sales-type leases 353 622
Other long-term assets 64 228
Accounts payable 1,364 2,494
Accrued compensation (1,654) (3,910)
Accrued liabilities 5,752 2,424
Deferred service revenue (2,892) 2,640
Deferred gross profit 6,008 10,788
Other long-term liabilities (995) 829
Net cash provided by operating activities 10,190 25,421
Investing Activities    
Acquisition of intangible assets, intellectual property and patents (225) (191)
Software development for external use (6,127) (5,507)
Purchases of property and equipment (3,764) (7,335)
Business acquisitions, net of cash acquired (23,625) 0
Net cash used in investing activities (33,741) (13,033)
Financing Activities    
Proceeds from issuances under stock-based compensation plans 9,432 11,813
Employees' taxes paid related to restricted stock units (2,046) (1,729)
Common stock repurchases (25,021) (4,069)
Excess tax benefits from employee stock plans 3,159 3,326
Net cash (used) provided by financing activities (14,476) 9,341
Effect of exchange rate changes on cash and cash equivalents 167 119
Net (decrease) increase in cash and cash equivalents (37,860) 21,848
Cash and cash equivalents at beginning of period 125,888 104,531
Cash and cash equivalents at end of period 88,028 126,379
Supplemental cash flow information    
Cash paid for interest 80 0
Cash paid for taxes, net of refunds 3,620 1,723
Supplemental disclosing of non-cash investing activities    
Purchase of property and equipment 524 70
Non-cash activity Business acquisition $ 9,197 $ 0