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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 23,256 $ 12,535
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,026 9,666
Provision for doubtful accounts 53 3
Provision for warranty and returns 38 (597)
Stock compensation 5,947 4,459
Loss (gain) on disposal of property and equipment (33) 2
Bond premium amortization 1,223 1,060
Cash provided (used) by changes in operating assets and liabilities    
Accounts receivable (5,529) 4,786
Inventories (2,267) (3,456)
Prepaid expenses and other assets (1,375) 548
Accounts payable 1,894 (134)
Accrued liabilities (1,027) 498
Income taxes, including excess tax benefits and deferred income taxes (5,456) (95)
Net cash provided by operating activities 25,750 29,275
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (5,005) (12,729)
Proceeds from sale of asset 34 5
Intangible assets acquired (440) (377)
Purchases of investment securities (17,092) (60,090)
Proceeds from sale of investment securities 49,555 49,863
Net cash provided (used) by investing activities 27,052 (23,328)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 5,797 7,016
Proceeds from employee stock purchase plan 1,041 1,384
Tax benefits from exercise of stock options 3,425 1,985
Purchase of treasury stock (1,435) (5,835)
Net cash provided by financing activities 8,828 4,550
Effect of exchange rate changes on cash (6,350) (568)
NET INCREASE IN CASH AND CASH EQUIVALENTS 55,280 9,929
CASH AND CASH EQUIVALENTS, beginning of period 275,812 226,022
CASH AND CASH EQUIVALENTS, end of period 331,092 235,951
NON-CASH INVESTING ACTIVITIES    
Accrued liabilities for property and equipment $ 232 $ 140