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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 3,405 $ 16,862
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,920 2,022
Loss on disposal of fixed assets 172
Stock-based compensation expense 8,887 2,465
Deferred income taxes 63 589
Provision for doubtful accounts (6) (1)
Provision for inventory 3,993 287
Changes in operating assets and liabilities:    
Accounts receivable 1,926 (2,449)
Inventories (5,990) (1,741)
Prepaid expenses, other current and long-term assets 790 (155)
Accounts payable (194) 2,362
Accrued expenses, other current and long-term liabilities (100) (813)
Income taxes (1,803) 2,303
Net cash provided by operating activities 14,063 21,731
Cash flows from investing activities:    
Proceeds from maturity of investments 24,750 20,000
Purchase of investments (14,000) (24,500)
Purchase of property and equipment (3,283) (3,917)
Net cash provided by (used in) investing activities 7,467 (8,417)
Cash flows from financing activities:    
Repurchases of common stock (30,000)
Cash paid for tax withheld on vested restricted stock awards (1,735)
Proceeds from exercise of equity awards 2,886 209
Net cash (used in) provided by financing activities (28,849) 209
Exchange rate impact on cash 110 90
(Decrease) Increase in cash and cash equivalents (7,209) 13,613
Cash and cash equivalents at beginning of period 133,256 104,261
Cash and cash equivalents at end of period 126,047 117,874
Supplemental disclosure of cash flow information:    
Purchases of property and equipment included in accounts payable and accrued expenses $ 462 $ 1,193