|
Net income (loss)
|
|
($17.5m)
|
($21.8m)
|
($33.2m)
|
($57.2m)
|
($42.0m)
|
($44.9m)
|
($21.2m)
|
$53.5m
|
$145.4m
|
|
Depreciation and amortization
|
|
$285k
|
$393k
|
$495k
|
$840k
|
$1.2m
|
$1.9m
|
$2.8m
|
$6.5m
|
$14.0m
|
|
Deferred income taxes (benefit)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($88.7m)
|
|
Impairment of strategic investment
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$4.0m
|
|
Accretion of investment discount
|
|
$0
|
($648k)
|
($983k)
|
($22k)
|
$14k
|
($4k)
|
($2.5m)
|
($8.9m)
|
($2.9m)
|
|
Stock-based compensation expense
|
|
$243k
|
$1.2m
|
$6.2m
|
$12.8m
|
$26.2m
|
$52.0m
|
$82.5m
|
$116.0m
|
$130.3m
|
|
Provision (benefit) for estimated credit losses
|
|
—
|
—
|
—
|
—
|
—
|
($63k)
|
$1.6m
|
($768k)
|
$200k
|
|
Other non-cash expenses
|
|
—
|
—
|
—
|
—
|
—
|
$879k
|
$2.1m
|
$1.5m
|
$2.1m
|
|
Accounts receivable
|
|
($1.8m)
|
($2.8m)
|
($6.5m)
|
($11.8m)
|
($9.2m)
|
($27.0m)
|
($30.2m)
|
($2.6m)
|
($26.2m)
|
|
Inventories
|
|
($315k)
|
$1.0m
|
($3.2m)
|
($2.6m)
|
($8.8m)
|
$5.3m
|
($22.0m)
|
($46.2m)
|
($65.2m)
|
|
Prepaid expenses and other current assets
|
|
($308k)
|
($1.3m)
|
($905k)
|
$416k
|
($696k)
|
($2.8m)
|
($4.8m)
|
($2.3m)
|
$1.7m
|
|
Accounts payable
|
|
$1.8m
|
$439k
|
$1.0m
|
$2.0m
|
$4.8m
|
$14.4m
|
$9.3m
|
$604k
|
($3.7m)
|
|
Accrued expenses and other liabilities
|
|
$1.3m
|
$3.6m
|
$2.9m
|
$1.1m
|
$7.1m
|
$11.9m
|
$6.9m
|
$12.9m
|
$6.1m
|
|
Purchases of property and equipment
|
|
($412k)
|
($250k)
|
($2.7m)
|
($2.5m)
|
($4.7m)
|
($9.1m)
|
($23.6m)
|
($39.1m)
|
($38.5m)
|
|
Proceeds from the exercise of stock options
|
|
$235k
|
$558k
|
$1.1m
|
$7.0m
|
$11.5m
|
$12.1m
|
$25.8m
|
$22.2m
|
$9.6m
|
|
Payment of taxes on net share settlement of equity awards
|
|
—
|
—
|
—
|
$0
|
$0
|
($43k)
|
($17.2m)
|
($5.2m)
|
($23.0m)
|
|
Property and equipment included in accounts payable and accrued expenses
|
|
—
|
$0
|
$0
|
$816k
|
$274k
|
$2.1m
|
$4.0m
|
$3.4m
|
$4.8m
|
|
Excise taxes accrued but not paid
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$1.0m
|
|
Net cash provided by operating activities
|
|
($15.8m)
|
($18.7m)
|
($32.8m)
|
($53.0m)
|
($20.1m)
|
$11.6m
|
$24.7m
|
$130.2m
|
$117.0m
|
|
Purchases of investments
|
|
($9.0m)
|
($115.5m)
|
($178.1m)
|
($52.7m)
|
($10.0m)
|
$0
|
($281.2m)
|
($418.4m)
|
($240.3m)
|
|
Purchases of strategic investments
|
|
—
|
—
|
—
|
$0
|
$0
|
($10.5m)
|
($250k)
|
($250k)
|
($10.1m)
|
|
Proceeds from sales or maturities of investments
|
|
$1.8m
|
$32.3m
|
$137.3m
|
$141.8m
|
$43.8m
|
$0
|
$10.2m
|
$344.6m
|
$310.4m
|
|
Net cash provided by (used in) investing activities
|
|
($7.6m)
|
($83.4m)
|
($43.6m)
|
$86.6m
|
$29.1m
|
($19.6m)
|
($294.8m)
|
($113.1m)
|
$21.4m
|
|
Proceeds from the issuance of common stock from employee stock purchase plan
|
|
$0
|
$0
|
$1.4m
|
$2.4m
|
$3.5m
|
$3.7m
|
$5.3m
|
$5.6m
|
$5.0m
|
|
Accelerated share repurchase of common stock
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
($75.0m)
|
$0
|
|
Share repurchase of common stock
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($75.0m)
|
($175.0m)
|
|
Net cash (used in) provided by financing activities
|
|
$25.7m
|
$190.4m
|
$2.0m
|
$134.1m
|
$14.9m
|
$235.1m
|
$13.9m
|
($52.4m)
|
($183.4m)
|
|
Effect of exchange rate on cash
|
|
$0
|
$33k
|
$13k
|
$11k
|
($19k)
|
$75k
|
$164k
|
($118k)
|
($310k)
|
|
Decrease in cash and cash equivalents
|
|
$2.3m
|
$88.3m
|
($74.4m)
|
$167.7m
|
$23.9m
|
$227.1m
|
($256.1m)
|
($35.4m)
|
($45.3m)
|
|
Cash and cash equivalents at beginning of year
|
|
$9.0m
|
$97.3m
|
$22.9m
|
$190.5m
|
$214.5m
|
$441.6m
|
$185.5m
|
$150.2m
|
$104.8m
|
|
Cash paid for interest
|
|
$1.3m
|
$2.0m
|
$2.0m
|
$1.9m
|
$1.9m
|
$2.3m
|
$0
|
$22k
|
$137k
|