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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 39,522 $ 18,963
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,266 14,642
Provision for doubtful accounts 53 3
Provision for warranty and returns 38 (488)
Stock compensation 9,305 6,990
Loss (gain) on disposal of property and equipment (1,102) 8
Bond premium amortization 1,451 1,599
Cash provided (used) by changes in operating assets and liabilities    
Accounts receivable (11,390) 9,433
Inventories (4,867) (4,655)
Prepaid expenses and other assets (8,824) 2,146
Accounts payable 3,246 681
Accrued liabilities 6,915 2,123
Income taxes, including excess tax benefits and deferred income taxes (5,177) (3,098)
Net cash provided by operating activities 42,436 48,347
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (7,729) (14,924)
Proceeds from sale of asset 3,592 5
Intangible assets additions (778) (709)
Purchases of investment securities (40,217) (78,993)
Proceeds from sale of investment securities 70,293 69,470
Net cash provided (used) by investing activities 25,161 (25,151)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 10,974 9,105
Proceeds from employee stock purchase plan 2,162 2,485
Tax benefits from exercise of stock options 6,194 2,734
Payments for Repurchase of Common Stock (1,523) (5,836)
Net cash provided by financing activities 17,807 8,488
Effect of exchange rate changes on cash (5,848) (5,465)
NET INCREASE IN CASH AND CASH EQUIVALENTS 79,556 26,219
CASH AND CASH EQUIVALENTS, beginning of period 275,812 226,022
CASH AND CASH EQUIVALENTS, end of period 355,368  
NON-CASH INVESTING ACTIVITIES    
Accrued liabilities for property and equipment $ 1,106 $ 100