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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Cash flows from operating activities:          
Net loss $ (21,174) $ (40,612) $ (39,219) $ (76,049) $ (131,845)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization 1,811 1,407 3,471 2,510 5,652
Asset write-downs and impairment of field equipment 59 6,425 134 6,430 6,446
Increase in accrued interest expense   (637)      
Share-based compensation to employees 7,570 5,637 12,131 11,093 22,139
Excess tax benefits from share-based award activity         (698)
Increase in trade receivables (2,064)   (7,550)   (6,339)
Amortization of discount (premium) 103 (39) 209 (56) 155
Decrease (increase) in receivables and prepaid expenses 3,354 (1,672) (1,461) (2,208) 243
Decrease (Increase) in inventories 803 (4,769) 403 (7,621) (11,955)
Increase in other long-term assets (38) (111) (294) (278) (692)
Increase (decrease) in trade payables (1,638) 2,321 (5,195) 4,144 1,601
Increase in other payables and accrued expenses 4,888 2,399 3,478 756 6,647
Increase in employee benefit liabilities, net 130 32 239 270 97
Increase in other long-term liabilities 321 225 871 638 957
Net cash used in operating activities (5,875) (29,394) (32,783) (60,371) (107,592)
Cash flows from investing activities:          
Purchase of property and equipment (376) (2,338) (1,407) (3,340) (5,674)
Purchase of field equipment (859) (4,274) (2,261) (6,100) (11,990)
increase in restricted cash (1) (13) (1,269) (12) (180)
Proceeds from maturity of short-term investments 60,000   120,000 150,000 270,000
Purchase of short-term investments (59,352)   (104,006) (119,728) (239,341)
Net cash provided by (used in) investing activities (588) (6,625) 11,057 20,820 12,815
Cash flows from financing activities:          
Proceeds from issuance of shares, net 781   781   616
Proceeds from long-term loan, net 19 17 19 17 72,887
Excess tax benefits from share-based award activity         698
Repayment of other long-term loan (19) (19) (37) (35) (70)
Exercise of options and warrants 1,286 904 1,363 961 993
Net cash provided by financing activities 2,067 902 2,126 943 75,124
Effect of exchange rate changes on cash and cash equivalents (1) 56 10 56 10
Decrease in cash and cash equivalents (4,397) (35,061) (19,590) (38,552) (19,643)
Cash and cash equivalents at the beginning of the period 84,587 115,932 99,780 119,423 119,423
Cash and cash equivalents at the end of the period 80,190 80,871 80,190 80,871 99,780
Cash paid during the period for:          
Income taxes 1,500 1,587 4,902 3,169 9,447
Interest $ 2,533 $ 1,269 $ 5,041 $ 1,933 $ 6,595