Annual report pursuant to Section 13 and 15(d)

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.3.1.900
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Activities      
Net loss $ (42,331) $ (7,041) $ (12,733)
Adjustments to reconcile net loss to cash provided by operating activities:      
Amortization and depreciation 40,641 5,107 3,715
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) 21,600 0 0
Provision for Doubtful Accounts 178 0 0
Inventory Write-down 155 0 0
Amortization of investment premiums, net 554 724 974
Amortization of inventory step-up 14,244 0 0
Stock-based compensation 19,268 15,008 12,986
Deferred income taxes (1,906) (2,281) (166)
Gain (Loss) on Disposition of Property Plant Equipment 74 0 0
Gain (Loss) on Sale of Investments (21) (3) 0
Impairment of Long-Lived Assets Held-for-use 153 29 1,231
Impairment of Leasehold 8,163 0 0
Changes in operating assets and liabilities:      
Accounts receivable 5,160 1,982 (5,500)
Inventory (6,402) (757) (141)
Prepaid and other assets 4,495 (752) (308)
Accounts payable, accrued expenses and other current liabilities (21,903) 83 (627)
Accrued compensation 5,320 3,911 5,587
Deferred revenue and deferred profit 454 961 362
Accrued price protection liability 6,522 (4,999) 7,137
Other long-term liabilities 623 262 373
Net cash provided by operating activities 55,041 12,234 12,890
Investing Activities      
Purchases of property and equipment (2,996) (8,800) (3,162)
Payments to Acquire Intangible Assets (100) 0 (955)
Cash used in acquisition, net of cash acquired (3,615) (9,136) 0
Purchases of available-for-sale securities (73,377) (56,702) (70,620)
Maturities of available-for-sale securities 69,029 57,172 65,200
Net cash used in investing activities (11,059) (17,466) (9,537)
Payments for Capital Improvements 0 0 (2)
Financing Activities      
Payments for Repurchase of Common Stock (101) 0 0
Proceeds from Issuance of Common Stock 9,950 3,304 2,647
Payments Related to Tax Withholding for Share-based Compensation (5,141) (3,810) (1,375)
Payments of Stock Issuance Costs 705 0 0
Net cash provided by (used in) financing activities 4,003 (506) 1,270
Effect of exchange rate changes on cash and cash equivalents (725) (16) 17
Increase in cash and cash equivalents 47,260 (5,754) 4,640
Cash and cash equivalents at beginning of period 20,696 26,450 21,810
Cash and cash equivalents at end of period 67,956 20,696 26,450
Supplemental disclosures of cash flow information:      
Interest Paid 0 0 1
Cash paid for income taxes 41 187 186
Supplemental disclosures of non-cash activities:      
Issuance of accrued share-based bonus plan 5,459 5,050 4,836
Accrued purchases of property and equipment 249 849 2
Lease Incentive for Leasehold Improvements $ 4,255 $ 2,008 $ 0