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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income (loss) $ 24,047 $ (18,359)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization of debt discounts 11,058 11,835
Stock-based compensation 20,769 17,558
Other, net 178  
Unrealized loss on long term investment 2,950  
Excess tax benefit from stock based compensation   (3,833)
Changes in operating assets and liabilities:    
Accounts receivable 13,170 (11,671)
Prepaid expenses and other assets (3,667) (194)
Inventory 752 1
Accounts payable 1,814 2,124
Accrued and other liabilities 29,679 1,190
Deferred revenue - collaborative agreements (3,215) (3,237)
Net cash provided by (used in) operating activities 97,535 (4,586)
Cash flows from investing activities:    
Long term investment   (39,829)
Capital expenditures (5,562) (3,553)
Purchases of marketable securities (16,795) (34,467)
Sale and maturities of marketable securities 51,114 19,274
Net cash provided by (used in) investing activities 28,757 (58,575)
Cash flows from financing activities:    
Restricted investments, net 110 125
Proceeds from issuance of common stock under stock plans 10,219 29,180
Direct financing arrangement repayments (445) (452)
Excess tax benefit from stock based compensation   3,833
Net cash provided by financing activities 9,884 32,686
Net increase in cash and cash equivalents 136,176 (30,475)
Cash and cash equivalents at beginning of period [1] 521,439  
Cash and cash equivalents at end of period 657,615 421,822
Supplemental Schedule of Cash Flow Information    
Interest paid 846 839
Incomes taxes paid 14 $ 13
Reclassification to common stock and additional paid in capital in connection with conversions of 1.25% convertible senior notes due 2020 $ 4  
[1] The condensed consolidated balance sheet at December 31, 2015 has been derived from the audited financial statements at that date.