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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 32,909 $ 36,952 $ 17,956
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:      
Depreciation 3,990 3,677 3,951
Amortization of convertible note discount and issuance costs 0 2,154 3,766
Amortization of intangibles and other 1,940 2,320 2,145
Foreign currency exchange loss 457 592 293
Gain on disposal of property, plant and equipment 0 (946) 0
Change in fair value of contingent consideration 133 170 (630)
Share-based compensation 5,670 4,775 7,603
Provision for doubtful accounts and inventory valuation 3,608 2,971 3,826
Deferred income taxes 17,207 5,011 3,980
Change in operating assets and liabilities, excluding effects of business combinations:      
Accounts receivable 430 (9,279) (4,336)
Income taxes (4,727) (3,021) 2,626
Inventories (4,218) 4,003 (12,529)
Prepaid expenses and other assets (1,686) 2,038 953
Accounts payable 3,198 1,169 2,254
Deferred revenue (1,122) 896 (1,535)
Other liabilities 6,582 (6,057) 3,486
Net cash and cash equivalents provided by operating activities 64,371 47,425 33,809
Cash flows from investing activities:      
Purchases of marketable securities (164,661) (146,865) (237,127)
Proceeds from sales of marketable securities 143,349 175,460 234,105
Purchases of property, plant and equipment (10,210) (3,291) (3,359)
Purchase of intangible assets (1,000) (2,000) (2,696)
Proceeds from sale of property, plant & equipment 0 1,165 0
Net cash and cash equivalents (used in) provided by investing activities (32,522) 24,469 (9,077)
Cash flows from financing activities:      
Payment of senior convertible debt 0 (60,000) 0
Redemption of stock warrants (1,025) (9,500) 0
Purchases of common stock 0 (8,044) (20,668)
Tax payments related to shares withheld for share-based compensation plans (1,358) (1,587) (1,916)
Payment of contingent consideration for acquired business (992) (622) (731)
Issuance of shares through share-based compensation plans 623 850 330
Net cash and cash equivalents used in financing activities (2,752) (78,903) (22,985)
Effect of exchange rate changes on cash and cash equivalents 814 314 (307)
Net increase (decrease) in cash and cash equivalents 29,911 (6,695) 1,440
Cash and cash equivalents at beginning of year 37,859 44,554 43,114
Cash and cash equivalents at end of year 67,770 37,859 44,554
Supplemental disclosure of cash flow information:      
Income taxes paid, net 14,605 10,980 2,013
Interest paid 0 2,250 2,250
Litigation settlement received 13,000 14,643 0
Non-cash financing and investing activities:      
Purchase of intangible assets $ 0 $ 0 $ 3,000