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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities      
Net income $ 37,729 $ 30,518 $ 9,756
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 51,350 51,511 58,362
Loss on disposal of fixed assets 133 512 35
Gain related to contingent liability 0 0 (600)
Share-based compensation expense 28,885 21,857 19,500
Income tax benefits from employee stock plans 0 11 1,703
Deferred income taxes (5,705) (31,365) (5,111)
Amortization of debt financing fees 2,292 1,590 1,590
Changes in operating assets and liabilities, net of business acquisitions:      
Accounts receivable and unbilled receivables (6,192) (40,598) 9,932
Inventories (6,763) (26,840) (3,362)
Prepaid expenses (308) (4,920) (386)
Other current assets 1,170 (2,074) (1,093)
Investment in sales-type leases (1,680) 6,625 (9,639)
Prepaid commissions (4,711) (3,966) (7,150)
Other long-term assets (7,077) (1,373) (5,133)
Accounts payable (9,154) 19,709 (4,963)
Accrued compensation 14,419 519 (2,052)
Accrued liabilities 8,223 4,383 (3,287)
Deferred revenues 3,020 (2,334) (1,938)
Other long-term liabilities (1,665) 1,069 (6,264)
Net cash provided by operating activities 103,966 24,834 49,900
Investing Activities      
Purchase of intangible assets, intellectual property, and patents 0 (160) (1,372)
Software development for external use (30,677) (15,040) (14,348)
Purchases of property and equipment (23,697) (15,341) (13,445)
Business acquisitions, net of cash acquired 0 (4,446) (312,158)
Net cash used in investing activities (54,374) (34,987) (341,323)
Financing Activities      
Proceeds from debt, net 0 56,894 287,051
Repayment of debt and revolving credit facility (77,000) (102,500) (34,500)
Payment for contingent consideration 0 (2,400) (3,000)
Proceeds from issuances under share-based compensation plans 30,611 30,121 17,691
Employees’ taxes paid related to restricted stock units (6,775) (5,892) (3,490)
At the market offering, net of offering costs 39,567 13,900 0
Net cash provided by (used in) financing activities (13,597) (9,877) 263,752
Effect of exchange rate changes on cash and cash equivalents (1,227) (2,034) (58)
Net increase (decrease) in cash and cash equivalents 34,768 (22,064) (27,729)
Cash and cash equivalents at beginning of period 32,424 54,488 82,217
Cash and cash equivalents at end of period 67,192 32,424 54,488
Supplemental cash flow information      
Cash paid for interest 7,487 6,550 5,344
Cash paid for taxes, net of refunds 3,489 7,780 11,091
Supplemental disclosure of non-cash investing activities      
Non-cash activity business acquisition 0 3,400 0
Unpaid property and equipment purchases 1,123 1,691 246
Transfers between inventory and property and equipment, net $ 2,032 $ 0 $ 0