XML 35 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows From Operating Activities:    
Net income (loss) $ 16,595 $ 2,289
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 4,176 274
Provision for doubtful accounts 3,404 2,378
Deferred income taxes (332) (5,162)
Stock-based compensation 4,817 16,436
Changes in operating assets and liabilities:    
Accounts receivable (11,434) (6,780)
Inventories (4,680) (1,282)
Prepaid expenses and other assets (7,533) 98
Accounts payable 3,040 (120)
Accrued compensation and related expenses (729) 749
Other accrued liabilities (see Note 8) (619) 635
Other liabilities 3,274 49
Deferred revenues 1,052 1,476
Net cash provided by operating activities 11,031 11,040
Cash Flows From Investing Activities:    
Purchases of property and equipment (277) (229)
Lasers placed in service (2,129) 0
Proceeds (investment) in short-term deposits (18,000) 14,500
Amounts carried to patents 0 (57)
Increase in funds - employees retirement rights (34) (53)
Net cash (used in) provided by investing activities (20,440) 14,161
Cash Flows From Financing Activities:    
Payments on notes payable (457) 0
Repayments of long term debt (2,000) 0
Issuance of warrants 98 0
Proceeds from issuance of common stock, net 37,514 0
Repurchase of common stock (5,342) 0
Proceeds from warrant exercises 134 0
Proceeds from option exercises 54 9
Net cash provided by financing activities 30,001 9
Effect of exchange rate changes on cash (334) 0
Net increase in cash and cash equivalents 20,258 25,210
Cash and cash equivalents, beginning of period 16,549 7,581
Cash and cash equivalents, end of period 36,807 32,791
Supplemental information:    
Cash paid for income taxes 11,190 6,254
Cash paid for interest $ 77 $ 0