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RESTATEMENT OF CONSOLIDATED FINANCIAL STATEMENTS Revised Consolidated Statements Of Cash Flows (Tables)
12 Months Ended
Dec. 31, 2013
Revised Consolidated Statements Of Cash Flows [Table Text Block]
The following table presents the impact of the financial statement adjustments on the Company’s previously reported consolidated statement of cash flows for the year ended December 31, 2011 (in thousands):
 
Year Ended December 31, 2011
 
As Previously Reported
Revenue Restatement Adjustments
Other Restatement Adjustments
Discontinued Operations
As Restated
Cash flows from operating activities:
 
 
 
 
 
Net (loss) income
$
(23,791
)
244,819

$
5,339


$
226,367

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
 
 
 
 
 
Depreciation and amortization
31,983




31,983

Provision for doubtful accounts
1,561


(88
)

1,473

Non-cash provision for restructuring
326




326

Loss on sales of assets
597




597

Gain on disposal of fixed assets
(24
)

24



Stock-based compensation expense
14,619


(2,010
)

12,609

Non-cash interest expense
301




301

Foreign currency transaction (gains) losses
(135
)

1,953


1,818

Provision for deferred taxes
(1,658
)

(336
)

(1,994
)
Changes in operating assets and liabilities
 
 
 
 
 

Accounts receivable
(4,904
)
1,353

(253
)

(3,804
)
Inventories
(3,475
)

158


(3,317
)
Prepaid expenses and other current assets
(298
)

75


(223
)
Accounts payable
(4,769
)

236


(4,533
)
Accrued expenses, compensation and benefits and other liabilities
(14,323
)

(3,113
)

(17,436
)
Income taxes payable
(757
)

117


(640
)
Deferred revenues
5,611

(246,172
)
1


(240,560
)
Net cash provided by operating activities
864


2,103


2,967

 
 
 
 
 
 
Cash flows from investing activities:
 
 
 
 
 
Purchases of property and equipment
(10,771
)

(24
)

(10,795
)
Capitalized software development costs


(1,242
)

(1,242
)
Change in other long-term assets
(1,099
)

944


(155
)
Net cash used in investing activities
(11,870
)

(322
)

(12,192
)
 
 
 
 
 
 
Cash flows from financing activities:
 
 
 
 
 
Proceeds from the issuance of common stock under employee stock
2,026


1,213


3,239

Common stock repurchases for tax withholdings for net settlement of equity awards


(1,213
)

(1,213
)
Proceeds from revolving credit facilities
21,000




21,000

Payments on revolving credit facilities
(21,000
)



(21,000
)
Net cash provided by financing activities
2,026




2,026

 
 
 
 
 
 
Effect of exchange rate changes on cash and cash equivalents
(947
)

(1,781
)

(2,728
)
Net decrease in cash and cash equivalents
(9,927
)



(9,927
)
Cash and cash equivalents at beginning of period
42,782




42,782

Cash and cash equivalents at end of period
$
32,855

$

$

$

$
32,855