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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income (loss) $ (23,518) $ (52,250)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,224 4,894
Stock-based compensation 3,779 2,583
Equity in net loss of Rhapsody 396 13,096
Deferred income taxes, net (148) (23)
Loss (gain) on investments, net 43 (393)
Fair value of warrants granted in 2015, net of subsequent mark to market adjustments in 2016 and 2015 82 (1,128)
Interest receivable on advance to Rhapsody 0 (121)
Trade accounts receivable (1,813) (7,091)
Prepaid expenses and other assets 1,162 429
Accounts payable (150) (26)
Accrued and other liabilities (2,408) (3,542)
Net cash provided by (used in) operating activities (18,351) (43,572)
Cash flows from investing activities:    
Purchases of equipment, software, and leasehold improvements (1,512) (859)
Proceeds from sale of available for sale securities 0 459
Purchases of short-term investments (33,359) (8,514)
Proceeds from sales and maturities of short-term investments 42,517 48,630
Decrease (increase) in restricted cash equivalents and investments, net (110) 0
Acquisitions (150) (161)
Advance to Rhapsody 0 (5,000)
Net cash provided by (used in) investing activities 7,386 34,555
Cash flows from financing activities:    
Proceeds from issuance of common stock (stock options and stock purchase plan) 166 276
Tax payments from shares withheld upon vesting of restricted stock (808) (10)
Net cash provided by (used in) financing activities (642) 266
Effect of exchange rate changes on cash and cash equivalents 425 (1,839)
Net increase (decrease) in cash and cash equivalents (11,182) (10,590)
Cash and cash equivalents, beginning of period 47,315 103,253
Cash and cash equivalents, end of period 36,133 92,663
Supplemental disclosure of cash flow information:    
Cash received from income tax refunds 494 965
Cash paid for income taxes 1,139 872
Non-cash investing activities:    
Increase (decrease) in accrued purchases of equipment, software, and leasehold improvements 290 (39)
Acquisition of intangible assets $ 0 $ 312