Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.2.0.727
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net loss $ (35,369) $ (1,474)
Adjustments to reconcile net loss to cash provided by operating activities:    
Amortization and depreciation 13,866 2,205
Amortization of investment premiums, net 204 410
Amortization of inventory step-up 13,286 0
Stock-based compensation 10,020 7,078
Deferred income taxes (1,960) 11
Impairment of lease 5,593 0
Changes in operating assets and liabilities:    
Accounts receivable 6,176 (630)
Inventory (11,650) 269
Prepaid and other assets 3,384 (342)
Accounts payable, accrued expenses and other current liabilities 302 1,152
Accrued compensation 1,503 2,209
Deferred revenue and deferred profit 523 (22)
Accrued price protection liability 2,275 495
Other long-term liabilities 249 280
Net cash provided by operating activities 8,402 11,641
Investing Activities    
Purchases of property and equipment (1,460) (4,641)
Cash used in acquisition, net of cash acquired (3,615) 0
Purchases of available-for-sale securities (19,968) (29,764)
Maturities of available-for-sale securities 53,108 28,995
Net cash provided by (used in) investing activities 28,065 (5,410)
Financing Activities    
Repurchases of common stock (101) 0
Net proceeds from issuance of common stock 3,455 1,559
Minimum tax withholding paid on behalf of employees for restricted stock units (3,161) (2,988)
Equity issuance costs (705) 0
Net cash used in financing activities (512) (1,429)
Effect of exchange rate changes on cash and cash equivalents 80 (4)
Increase in cash and cash equivalents 36,035 4,798
Cash and cash equivalents at beginning of period 20,696 26,450
Cash and cash equivalents at end of period 56,731 31,248
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 7 75
Supplemental disclosures of non-cash activities:    
Issuance of accrued share-based bonus plan 2,722 5,019
Accrued purchases of property and equipment $ 86 $ 1,751