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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
May. 31, 2015
May. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 4,059 $ 2,693
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,436 2,187
Stock-based compensation expense 1,220 820
Amortization of debt issue costs and discount 450 193
Deferred tax assets, net 2,181 1,669
Changes in operating assets and liabilities:    
Accounts receivable 2,845 2,060
Inventories 2,623 (32)
Prepaid expenses and other assets 9 (782)
Accounts payable 1,922 (194)
Accrued liabilities (164) (1,449)
Deferred revenue (1,253) 167
NET CASH PROVIDED BY OPERATING ACTIVITIES 16,328 7,332
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities of marketable securities 4,389 1,077
Purchases of marketable securities (87,084) (4,181)
Capital expenditures (1,264) $ (1,410)
Acquisition of Crashboxx (1,500)  
NET CASH USED IN INVESTING ACTIVITIES (85,459) $ (4,514)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of convertible senior notes 172,500  
Payment of debt issuance costs (5,276)  
Purchase of convertible note hedges (31,343)  
Proceeds from issuance of warrants 15,991  
Payment of acquisition-related note and contingent consideration (625) $ (417)
Taxes paid related to net share settlement of vested equity awards (7) (84)
Proceeds from exercise of stock options 137 502
NET CASH PROVIDED BY FINANCING ACTIVITIES 151,377 1
Net change in cash and cash equivalents 82,246 2,819
Cash and cash equivalents at beginning of period 34,184 19,233
Cash and cash equivalents at end of period $ 116,430 $ 22,052