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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 4,783 $ 3,002
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 3,834 3,182
Bad debt expense 80 175
Loss on disposal of property and equipment 0 4
Stock-based compensation 4,697 3,875
Amortization of premiums and accretion of discounts on investments 208 168
Excess tax benefits from stock-based compensation (3,095) (91)
Deferred income taxes (1,086) 1,362
Changes in operating assets and liabilities:    
Accounts receivable (169) (5,914)
Prepaid expenses and other assets 573 (670)
Accounts payable 2,026 (3,609)
Accrued liabilities 2,822 1,690
Deferred revenues 2,059 6,782
Other noncurrent liabilities 406 70
Net cash provided by operating activities 17,138 10,026
Cash flows from investing activities:    
Purchases of investments (49,450) (31,781)
Sales and maturities of investments 52,176 25,977
Purchases of property and equipment (4,181) (6,148)
Capitalized software development costs (118) (99)
Net cash used in investing activities (1,573) (12,051)
Cash flows from financing activities:    
Proceeds from exercise of stock options 2,113 3,448
Excess tax benefits from stock-based compensation 3,095 91
Net cash provided by financing activities 5,208 3,539
Net increase in cash and cash equivalents 20,773 1,514
Cash and cash equivalents at beginning of period 91,698 76,504
Cash and cash equivalents at end of period 112,471 78,018
Non-cash investing and financing activities:    
Vesting of early exercised common stock options $ 0 $ 6