XML 16 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income $ (1,915) $ 20,940
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 5,815 6,347
Provision (recovery) for doubtful accounts (110) 319
Stock-based compensation expense 1,411 2,087
Non-cash interest expense 3,131 3,878
Unrealized foreign currency transaction losses (gains) 1,722 2,936
Benefit for deferred taxes (374) (784)
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable 14 14,800
Inventories 1,573 (3,579)
Prepaid expenses and other current assets (5,850) (4,061)
Accounts payable 2,388 (14,216)
Accrued expenses, compensation and benefits and other liabilities (1,773) (960)
Income taxes payable 164 1,093
Deferred revenues (2,662) (40,009)
Net cash used in operating activities 3,534 (11,209)
Cash flows from investing activities:    
Purchases of property and equipment (1,729) (4,518)
Increase in other long-term assets (7) (8)
Increase in restricted cash 1,700 (4,544)
Net cash used in investing activities (36) (9,070)
Cash flows from financing activities:    
Proceeds from long-term debt 0 100,000
Repayment of debt (1,250) 0
Proceeds from the issuance of common stock under employee stock plans 2 0
Common stock repurchases for tax withholdings for net settlement of equity awards (372) (307)
Proceeds from revolving credit facilities 0 25,000
Payments on revolving credit facilities 0 (30,000)
Payments for credit facility issuance costs 0 (4,919)
Net cash provided by financing activities (1,620) 89,774
Effect of exchange rate changes on cash and cash equivalents 188 433
Net increase (decrease) in cash and cash equivalents 2,066 69,928
Cash and cash equivalents at beginning of period 44,948 17,902
Cash and cash equivalents at end of period 47,014 87,830
Supplemental Cash Flow Information [Abstract]    
Cash paid for income taxes, net of refunds 19 600
Cash paid for interest 1,665 353
Non-cash Financing Activities:    
Issuance costs for long-term debt $ 0 $ 363