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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Statement of Cash Flows [Abstract]    
Net income $ 26,703 $ 18,872
Adjustments to reconcile consolidated net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 3,737 2,948
Stock-based compensation 10,230 9,139
Loss on non-marketable equity investments 0 2,181
Inventory write-downs 1,668 670
Deferred taxes (1,721) (7,514)
Change in fair value of contingent consideration 0 725
Other 603 388
Changes in operating assets and liabilities:    
Accounts receivable (17,552) (16,297)
Inventories (18,521) (3,948)
Prepaid expenses and other current and non-current assets (3,812) 1,405
Accounts payable 415 625
Accrued expenses and other non-current liabilities (1,915) 1,638
Net cash (used in) provided by operating activities (165) 10,832
CASH FLOWS FROM INVESTING ACTIVITIES:    
Contributions to non-marketable investments 0 (868)
Purchases of marketable investments (29,550) (61,495)
Proceeds from sales of marketable investments 2,700 236
Proceeds from maturities of marketable investments 50,800 77,869
Purchases of property and equipment (6,208) (5,105)
Other (1,000) 0
Net cash provided by investing activities 16,742 10,637
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercises of stock options 2,265 3,171
Proceeds from issuance of stock under employee stock purchase plan 4,779 3,584
Payment of employee taxes related to vested common and restricted stock (13,379) (13,845)
Payment of asset acquisition-related and business acquisition-related obligations (Note 5) (1,183) (4,431)
Proceeds from capital contribution from non-controlling interest 500 0
Proceeds from capital contribution from non-controlling interest 0 (415)
Net cash used in financing activities (7,018) (11,936)
Effect of foreign exchange rate changes on cash and cash equivalents (148) (465)
NET INCREASE IN CASH AND CASH EQUIVALENTS 9,411 9,068
CASH AND CASH EQUIVALENTS—Beginning of period 67,850 50,637
CASH AND CASH EQUIVALENTS—End of period 77,261 59,705
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Common shares issued as consideration in connection with a buyout agreement (Notes 9 and 10) 0 5,256
Purchase of property and equipment funded through accounts payable and accrued liabilities $ 1,290 $ 1,126