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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 21,411 $ 16,617 $ 28,353
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 20,868 15,778 10,507
Non-cash interest expense 7,536 4,248 3,977
Stock-based compensation expense 12,847 10,192 6,747
Deferred tax expense (624) 71 (24,679)
Loss on extinguishment of debt 5,650    
Other 663 (3) 64
Changes in operating assets and liabilities, excluding impact of acquisitions:      
Accounts receivable (7,726) (6,101) (6,888)
Royalties and other receivables (104) 7 644
Unbilled receivables 2,146 (2,602) 0
Inventories (9,314) (4,042) 605
Prepaid expenses and other assets (661) (1,769) (1,304)
Operating lease right of use assets (4,662)    
Accounts payable 662 2,266 807
Accrued expenses 13,096 (1,398) (1,993)
Operating lease liability 5,447    
Long-term liabilities (19) (494) 611
Total cash provided by operating activities 67,216 32,770 17,451
Cash flows from investing activities:      
Purchases of marketable securities     (47)
Redemption of marketable securities     19,600
Additions to capitalized software costs (4,650) (2,147)  
Developed technology intangible asset payment   (1,255)  
Purchases of property, plant and equipment (18,504) (10,635) (5,454)
Total cash used in investing activities (205,308) (14,037) (98,696)
Cash flows from financing activities:      
Proceeds from issuance of convertible debt, net 278,466    
Proceeds from issuance of common stock, net 320,713   129,309
Exercise of stock options 1,167 3,418 2,351
Repayment of senior convertible notes (114,989) (11)  
Payment of tax withholding obligation on vesting of restricted stock (490)   (1,715)
Total cash provided by financing activities 484,867 3,407 129,945
Effect of exchange rate changes on cash, cash equivalents and restricted cash (3,190) (2,077) 2,376
Net increase in cash, cash equivalents and restricted cash 343,585 20,063 51,076
Cash, cash equivalents and restricted cash, beginning of period 193,822 173,759 122,683
Cash, cash equivalents and restricted cash, end of period 537,407 193,822 173,759
Supplemental disclosure of cash flow information:      
Income taxes paid 6,505 4,046 4,021
Interest paid 1,484 2,444 2,444
Supplemental disclosure of non-cash investing and financing activities:      
Assets acquired under operating leases 8,663    
Fair value of 2,316,229 shares of common stock issued for conversion of convertible notes 198,757    
Non-cash effect of adoption of ASU 2016-16   5,609  
Property, plant and equipment related to lease incentives   $ 2,270  
Payment of contingent consideration in common stock     1,063
Spectrum Lifesciences Inc      
Cash flows from investing activities:      
Acquisition of assets, net of cash acquired     (112,795)
Supplemental disclosure of non-cash investing and financing activities:      
Fair value of common stock issued for acquisition     $ 247,575
C Technologies Inc      
Cash flows from investing activities:      
Acquisition of assets, net of cash acquired (182,154)    
Supplemental disclosure of non-cash investing and financing activities:      
Fair value of common stock issued for acquisition $ 53,938