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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Cash flows from operating activities                
Net (loss) income $ (50,328) $ (32,011)   $ (4,514) $ 6,617 $ (82,339) $ 2,103  
Less: (Loss) income from discontinued operations (37,399)     3,502   (50,151) 18,569  
Net loss from continuing operations (12,929)     (8,016)   (32,188) (16,466)  
Adjustments to reconcile net loss to net cash used in operating activities:                
Amortization of convertible notes conversion option and debt issuance costs           485 3,876  
Accreted interest on convertible note principal           38 0  
Amortization of intangible assets 335     344   637 662  
Amortization of right-of-use assets           370 362  
Change in fair value of derivative assets           73 (3)  
Loss on extinguishment of convertible notes 0   $ 3,900 0   606 0  
Other amortization and depreciation           867 1,509  
Loss on disposal of property and equipment           316 0  
Stock-based compensation expense           18,000 3,210  
Deferred income taxes           (158) 9,353  
Changes in assets and liabilities:                
Accounts receivable           582 (3,532)  
Prepaid and other current assets           (21,944) 5,614  
Inventory           (5,991) (1,138)  
Other assets           67 406  
Accounts payable           843 1,078  
Accrued liabilities           3,360 1,155  
Other long-term liabilities           266 167  
Net cash (used in) provided by operating activities - continuing operations           (33,771) 6,253  
Net cash used in operating activities - discontinued operations           1,688 (14,428)  
Cash flows from investing activities                
Purchase of intangible assets           0 (1,700)  
Purchase of property and equipment           (235) (163)  
Net cash used in investing activities - continuing operations           (235) (1,863)  
Net cash provided by (used in) investing activities - discontinued operations           24,966 (27,274)  
Cash flows from financing activities                
Proceeds from the exercise of stock options           461 0  
Repurchase of convertible notes           (18,845) 0 $ (97,900)
Net receipts for capped call transactions           801 0  
Payment of contingent consideration           0 (1,071)  
Repurchase of Company common stock           (39,374) (71,266)  
Net settlement of stock-based compensation awards           (3,462) 0  
Net cash used in financing activities - continuing operations           (60,419) (72,337)  
Net cash used in financing activities - discontinued operations           (359) 0  
Net decrease in cash and cash equivalents           (68,130) (109,649)  
Cash and cash equivalents at beginning of the period   $ 193,451     $ 394,590 193,451 394,590 394,590
Cash and cash equivalents at end of the period 125,321   $ 193,451 284,941   125,321 284,941 $ 193,451
Less: Cash and cash equivalents of discontinued operations       28,447     28,447  
Cash and cash equivalents of continuing operations at end of period 105,446     $ 256,494   105,446 256,494  
Supplemental cash flow information                
Cash (refunded) paid for income taxes           (4) 3,980  
Cash paid for interest           298 4,591  
Supplemental schedule of non-cash investing and financing activities                
Noncash liquidating distribution $ 64,400         64,400 0  
Assets held for sale reclassified from other assets to intangible assets           $ 0 $ 1,811