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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 9,743 $ (8,568)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization of deferred revenue 1,837 1,479
Depreciation 927 734
Amortization of intangibles 29 19
Amortization of premium and discount on investments, net (437) (166)
Stock-based employee compensation 1,951 2,151
Stock-based non-employee compensation 0 2
Non-cash expense under a materials agreement 0 9
Stock-based compensation to Board of Directors and Scientific Advisory Board 437 718
Loss on stock warrant liability 0 (4,430)
Retirement plan benefit expense 777 763
Increase (decrease) in assets:    
Accounts receivable (1,147) (707)
Inventory 4,728 459
Other current assets 2,257 395
Other assets (10) 107
Increase in liabilities:    
Accounts payable and accrued expenses 1,899 1,836
Other current liabilities 205 0
Deferred revenue 1,335 1,645
Net cash provided by operating activities 9,201 1,840
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment 2,054 1,510
Purchase of intangibles 18 440
Purchase of investments 177,449 253,904
Proceeds from sale of investments 220,552 45,500
Net cash provided by (used in) investing activities 41,031 (210,354)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the issuance of common stock 137 249,822
Proceeds from the exercise of common stock options and warrants 943 7,543
Payment of withholding taxes related to stock-based employee compensation 3,508 3,980
Net cash (used in) provided by financing activities (2,428) 253,385
INCREASE IN CASH AND CASH EQUIVALENTS 47,804 44,871
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 111,795 20,369
CASH AND CASH EQUIVALENTS, END OF PERIOD 159,599 65,240
The following non-cash activities occurred:    
Unrealized (loss) gain on available-for-sale securities (39) 206
Common stock issued to Board of Directors and Scientific Advisory Board that was earned in a previous period 328 300
Common stock issued to employees that was accrued for in a previous period, net of shares withheld for taxes 252 1,113
Fair value of stock warrant liability reclassified to shareholders' equity upon exercise $ 0 $ 10,501