XML 34 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net loss $ (48,645) $ (11,538)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization of debt discounts 34,279 29,192
Stock-based compensation 52,775 46,253
Debt exchange expense on senior note conversions   265
Realized gain on marketable securities (1,830)  
Unrealized loss on long term investment 4,115  
Excess tax benefit from stock based compensation (2,094) (74)
Changes in operating assets and liabilities:    
Accounts receivable (29,033) (74,225)
Prepaid expenses and other assets (1,918) (9,703)
Inventory (830) (2,588)
Accounts payable 2,904 7,503
Accrued and other liabilities 16,469 6,102
Deferred revenue - collaborative agreements (9,665) (9,651)
Net cash provided by (used in) operating activities 16,527 (18,464)
Cash flows from investing activities:    
Long term investment (39,829)  
Capital expenditures (19,107) (22,021)
Purchases of marketable securities (94,376) (113,281)
Sale and maturities of marketable securities 52,831 381
Net cash used in investing activities (100,481) (134,921)
Cash flows from financing activities:    
Restricted investments, net (128)  
Proceeds from issuance of common stock under stock plans 76,871 64,151
Direct financing arrangement repayments (1,379)  
Excess tax provision from stock based compensation 2,094 74
Cash paid in connection with exchange of 4.75% convertible senior notes due 2015   (265)
Net cash provided by financing activities 77,458 63,960
Net decrease in cash and cash equivalents (6,496) (89,425)
Cash and cash equivalents at beginning of period 452,297 [1] 471,429
Cash and cash equivalents at end of period 445,801 382,004
Supplemental Schedule of Cash Flow Information    
Interest paid 7,698 5,245
Incomes taxes paid 86 167
Reclassification to additional paid in capital in connection with conversions or exchanges of 4.75% convertible senior notes due 2015 $ 88,962 4,656
Purchase of property and equipment financed by direct financing lease   $ 26,815
[1] The condensed consolidated balance sheet at December 31, 2014 has been derived from the audited financial statements at that date.