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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 58,840,000 $ 103,885,000 $ 48,070,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization of deferred revenue and recognition of unbilled receivables (68,905,000) (11,122,000) (7,406,000)
Depreciation 8,612,000 4,919,000 4,270,000
Amortization of intangibles 21,962,000 21,983,000 16,492,000
Inventory write-down 3,630,000 0 0
Amortization of premium and discount on investments, net (6,131,000) (2,871,000) (1,830,000)
Stock-based compensation to employees 12,432,000 12,284,000 11,374,000
Stock-based compensation to Board of Directors and Scientific Advisory Board 4,364,000 2,609,000 1,715,000
Change in earnout liability recorded for Adesis acquisition   519,000  
Deferred income tax (benefit) expense (12,814,000) 24,396,000 3,094,000
Excess tax benefits from share-based payment arrangements     (4,232,000)
Retirement plan benefit expense 4,466,000 4,351,000 3,965,000
Decrease (increase) in assets:      
Accounts receivable 9,226,000 (27,361,000) 1,205,000
Inventory (37,365,000) (18,951,000) (4,460,000)
Other current assets 4,860,000 (3,884,000) (3,870,000)
Deferred income taxes 20,682,000    
Other assets (63,922,000) (297,000) (133,000)
Increase (decrease) in liabilities:      
Accounts payable and accrued expenses 1,563,000 16,420,000 4,362,000
Other current liabilities 5,761,000 (1,917,000) 4,362,000
Deferred revenue 130,639,000 8,402,000 3,360,000
Other liabilities 23,896,000    
Net cash provided by operating activities 121,796,000 133,365,000 80,338,000
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (25,391,000) (29,803,000) (7,300,000)
Purchase of intangibles     (95,989,000)
Purchase of business, net of cash acquired     (33,380,000)
Purchases of investments (628,789,000) (594,283,000) (450,277,000)
Proceeds from sale of investments 633,179,000 498,508,000 548,474,000
Net cash used in investing activities (21,001,000) (125,578,000) (38,472,000)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of common stock 798,000 734,000 439,000
Repurchase of common stock (477,000)    
Proceeds from the exercise of common stock options   38,000 185,000
Payment of withholding taxes related to stock-based compensation to employees (11,620,000) (9,432,000) (4,870,000)
Excess tax benefits from share-based payment arrangements     4,232,000
Cash dividends paid (11,314,000) (5,652,000)  
Net cash used in financing activities (22,613,000) (14,312,000) (14,000)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 78,182,000 (6,525,000) 41,852,000
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 132,840,000 139,365,000 97,513,000
CASH AND CASH EQUIVALENTS, END OF YEAR $ 211,022,000 $ 132,840,000 $ 139,365,000