|
Net income
|
|
$5.6m
|
$3.3m
|
$8.9m
|
$2.4m
|
$1.2m
|
$25.6m
|
$53.4m
|
$66.3m
|
|
Depreciation and amortization
|
|
$1.4m
|
$1.9m
|
$2.5m
|
$3.5m
|
$5.4m
|
$7.9m
|
$13.1m
|
$13.8m
|
|
Amortization and accretion of available-for-sale securities
|
|
—
|
—
|
—
|
—
|
—
|
$348k
|
$110k
|
($1.3m)
|
|
Amortization of cloud computing arrangements
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$668k
|
|
Amortization of debt issuance costs
|
|
$71k
|
$9k
|
$68k
|
$0
|
$0
|
$0
|
$60k
|
$85k
|
|
Deferred taxes
|
|
$703k
|
$52k
|
$1.8m
|
($2.5m)
|
$632k
|
($179k)
|
($1.9m)
|
$689k
|
|
Operating lease liabilities
|
|
—
|
—
|
—
|
$0
|
($1.5m)
|
($1.8m)
|
($17.6m)
|
($34.7m)
|
|
Reduction in the carrying amount of right-of-use assets
|
|
—
|
—
|
—
|
$0
|
$1.8m
|
$4.1m
|
$4.2m
|
$8.9m
|
|
Stock-based compensation expense
|
|
$600k
|
$1.0m
|
$2.5m
|
$4.4m
|
$6.0m
|
$7.4m
|
$10.3m
|
$12.4m
|
|
Uncertain tax positions
|
|
—
|
—
|
—
|
$0
|
$405k
|
$58k
|
($82k)
|
$1.1m
|
|
Net realized losses on derivative instruments
|
|
—
|
—
|
—
|
$0
|
$0
|
$2.7m
|
$272k
|
$1.3m
|
|
Increase in inventory provision
|
|
$200k
|
$189k
|
$16k
|
$224k
|
($330k)
|
$397k
|
$299k
|
$4.7m
|
|
Other
|
|
—
|
—
|
($449k)
|
$44k
|
$84k
|
$438k
|
$1.6m
|
$1.3m
|
|
Accounts receivable
|
|
($3.6m)
|
($6.2m)
|
($4.7m)
|
($6.1m)
|
($13.7m)
|
($862k)
|
($14.8m)
|
($13.5m)
|
|
Inventories
|
|
($1.0m)
|
($9.3m)
|
$29k
|
$1.7m
|
($15.6m)
|
($6.4m)
|
$8.9m
|
($47.8m)
|
|
Prepaid expenses and other current assets
|
|
($520k)
|
($582k)
|
($2.3m)
|
$426k
|
($271k)
|
($1.2m)
|
($1.2m)
|
($2.6m)
|
|
Income taxes receivable
|
|
—
|
($1.6m)
|
$61k
|
$1.4m
|
$199k
|
$0
|
$0
|
($1.4m)
|
|
Other assets
|
|
—
|
—
|
—
|
—
|
—
|
$98k
|
($3.8m)
|
($8.0m)
|
|
Income taxes payable
|
|
—
|
—
|
—
|
$0
|
$425k
|
$782k
|
($368k)
|
$430k
|
|
Accounts payable
|
|
$4.9m
|
$3.2m
|
$1.8m
|
$6.8m
|
$2.4m
|
$6.7m
|
$5.8m
|
$16.9m
|
|
Accrued liabilities
|
|
—
|
—
|
$1.2m
|
$4.0m
|
$3.8m
|
$5.2m
|
$6.7m
|
$14.3m
|
|
Purchases of available-for-sale securities
|
|
—
|
—
|
($68.4m)
|
($52.0m)
|
($33.8m)
|
($982k)
|
$0
|
($95.1m)
|
|
Purchases of derivative instruments
|
|
—
|
—
|
—
|
$0
|
$0
|
($2.0m)
|
($1.7m)
|
($823k)
|
|
Sales of available-for-sale securities
|
|
—
|
—
|
$4.5m
|
$1.4m
|
$0
|
$2.9m
|
$0
|
$404k
|
|
Settlements of derivative instruments
|
|
—
|
—
|
—
|
$0
|
$0
|
$106k
|
$0
|
$272k
|
|
Maturities and call redemptions of available-for-sale securities
|
|
—
|
—
|
$4.5m
|
$48.5m
|
$34.3m
|
$32.3m
|
$23.3m
|
$41.2m
|
|
Return of investment in variable interest entity
|
|
—
|
—
|
—
|
$0
|
$0
|
$552k
|
$0
|
$0
|
|
Proceeds from borrowing under revolving line of credit
|
|
—
|
$1.3m
|
—
|
$0
|
$0
|
$7.5m
|
$0
|
$0
|
|
Proceeds from exercise of stock options
|
|
$40k
|
$222k
|
$221k
|
$2.8m
|
$675k
|
$692k
|
$13.7m
|
$5.6m
|
|
Repayment of revolving line of credit
|
|
—
|
—
|
($1.3m)
|
$0
|
$0
|
($7.5m)
|
$0
|
$0
|
|
Payment of tax withholding obligation on vested RSU shares
|
|
—
|
—
|
—
|
$0
|
$0
|
($796k)
|
($1.5m)
|
($3.2m)
|
|
Principal payments under finance lease obligations
|
|
($409k)
|
($428k)
|
($449k)
|
($471k)
|
($554k)
|
($2.2m)
|
($3.5m)
|
($4.5m)
|
|
Payment of financing costs
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($414k)
|
$0
|
|
Purchases of property, plant and equipment included in accounts payable and accrued liabilities
|
|
$199k
|
$928k
|
$167k
|
$1.5m
|
$1.1m
|
$187k
|
$884k
|
$9.3m
|
|
Net cash provided by operating activities
|
|
$11.4m
|
($5.4m)
|
$11.7m
|
$16.3m
|
($8.1m)
|
$50.9m
|
$64.8m
|
$33.7m
|
|
Purchases of property, plant and equipment
|
|
($1.9m)
|
($4.8m)
|
($10.3m)
|
($16.7m)
|
($10.5m)
|
($11.5m)
|
($28.6m)
|
($82.0m)
|
|
Proceeds from the sale of property, plant and equipment
|
|
$29k
|
$7k
|
—
|
$0
|
$100k
|
$1.1m
|
$1k
|
$1.7m
|
|
Net cash (used in) provided by investing activities
|
|
($1.9m)
|
($5.6m)
|
($77.8m)
|
($17.1m)
|
($10.0m)
|
$22.4m
|
($7.0m)
|
($134.3m)
|
|
Proceeds from issuance of common stock under employee stock purchase plan
|
|
—
|
—
|
—
|
$0
|
$0
|
$296k
|
$419k
|
$835k
|
|
Net cash (used in) provided by financing activities
|
|
($1.5m)
|
$434k
|
$94.4m
|
$2.2m
|
$83k
|
($2.1m)
|
$8.7m
|
($1.2m)
|
|
Net (decrease) increase in cash and cash equivalents
|
|
$8.0m
|
($10.5m)
|
$28.3m
|
$1.4m
|
($18.1m)
|
$71.2m
|
$66.5m
|
($101.8m)
|
|
Cash and cash equivalents at beginning of the period
|
|
$11.8m
|
$1.3m
|
$29.5m
|
$31.0m
|
$12.9m
|
$84.1m
|
$150.6m
|
$48.8m
|
|
Cash paid for interest
|
|
$356k
|
$340k
|
$414k
|
$43k
|
$114k
|
$775k
|
$950k
|
$782k
|
|
Cash paid for income taxes, net of amounts refunded
|
|
$20k
|
$2.3m
|
$2.2m
|
$102k
|
$99k
|
$6.0m
|
$16.6m
|
$24.2m
|