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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities    
Net income $ 23,105 $ 21,282
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 18,457 14,705
Loss on disposal of fixed assets 114 221
Gain on business combination (3,443) 0
Provision for receivable allowance 542 850
Share-based compensation expense 11,267 8,610
Income tax benefits from employee stock plans 3,838 4,065
Excess tax benefits from employee stock plans (3,942) (4,456)
Provision for excess and obsolete inventories 317 450
Deferred income taxes (2,235) 1,307
Changes in operating assets and liabilities:    
Accounts receivable, net (26,132) (35,028)
Inventories (13,215) 1,301
Prepaid expenses 5,937 1,015
Other current assets 1,019 1,412
Net investment in sales-type leases (3,220) 677
Other long-term assets 247 360
Accounts payable (127) 5,420
Accrued compensation (5,003) (6,533)
Accrued liabilities 4,608 (416)
Deferred service revenue (4,199) 2,650
Deferred gross profit (1,170) 15,585
Other long-term liabilities (833) 838
Net cash provided by operating activities 5,932 34,315
Investing Activities    
Acquisition of intangible assets, intellectual property and patents (331) (236)
Software development for external use (9,445) (7,925)
Purchases of property and equipment (6,081) (10,151)
Business acquisitions, net of cash acquired (25,455) (19,749)
Net cash used in investing activities (41,312) (38,061)
Financing Activities    
Proceeds from issuances under stock-based compensation plans 15,665 18,157
Employees' taxes paid related to restricted stock units (2,285) (2,023)
Common stock repurchases (50,021) (17,052)
Excess tax benefits from employee stock plans 3,942 4,456
Net cash (used) provided by financing activities (32,699) 3,538
Effect of exchange rate changes on cash and cash equivalents (52) (136)
Net decrease in cash and cash equivalents (68,131) (344)
Cash and cash equivalents at beginning of period 125,888 104,531
Cash and cash equivalents at end of period 57,757 104,187
Supplemental cash flow information    
Cash paid for interest 94 0
Cash paid for taxes, net of refunds 7,027 0
Supplemental disclosing of non-cash investing activities    
Unpaid property and equipment purchases 554 444
Non-cash activity business acquisition 7,386 860
Treasury stock in accrued liabilities $ 0 $ 2,586