XML 31 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2015
Jun. 30, 2014
[1]
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:    
Net loss $ (7,404) $ (13,065)
Depreciation 1,838 2,174
Amortization of purchased intangible assets 0 62
Stock-based compensation expense 6,092 5,216
Veloce acquisition consideration 0 7,140
Gain (Loss) on Sale of Short-term Investments and Disposal of Long-lived Assets 1,455 (16)
Tax effect on other comprehensive loss 0 (194)
Changes in operating assets and liabilities:    
Accounts receivable 882 2,246
Inventories 3,723 (1,745)
Other assets 2,464 1,942
Accounts payable (3,453) (6,479)
Accrued payroll and other accrued liabilities 220 1,663
Veloce accrued liability (65) (6,383)
Deferred revenue 7 502
Net cash provided by (used for) operating activities 2,849 (6,905)
Investing activities:    
Proceeds from sales and maturities of short-term investments 7,444 682
Purchases of short-term investments (1,129) (1,320)
Proceeds from sale of property and equipment 25 0
Purchases of property and equipment (315) (4,264)
Proceeds from sale of TPack 0 3,353
Net cash provided by (used for) investing activities 6,025 (1,549)
Financing activities:    
Proceeds from issuance of common stock 133 106
Funding of restricted stock units withheld for taxes (1,212) (924)
Net cash used for financing activities (1,079) (818)
Net increase (decrease) in cash and cash equivalents 7,795 (9,272)
Cash and cash equivalents at beginning of year 36,495 [2] 71,539
Cash and cash equivalents at end of period 44,290 62,267
Supplementary cash flow disclosures:    
Cash paid for income taxes $ 145 $ 226
[1] The Statement of Cash Flows for the three months ended June 30, 2014 reflects an immaterial revision to correct outstanding payables related to purchases of property and equipment previously included in net cash used for investing activities to net cash used for operating activities. As a result, net cash used for operating activities increased by $0.3 million and net cash used for investing activities decreased by the corresponding amount.
[2] The Condensed Consolidated Balance Sheet as of March 31, 2015 has been derived from the audited Consolidated Financial Statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.