| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Interest Paid, Excluding Capitalized Interest, Operating Activities | ||||||||||
4,580 | 6,169 | 4,464 | 41 | 0 | 434 | 1,311 | 489 | 114 | 130 | 153 |
Operating activities: | ||||||||||
Net loss | ||||||||||
-15,671 | -22,935 | -20,293 | 42,594 | 37,924 | 32,478 | 23,147 | 3,823 | -11,179 | 11,940 | 11,382 |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||||
Excess tax benefit on the exercise of stock options | ||||||||||
- | - | - | - | 7,104 | 7,525 | 3,109 | -381 | - | 551 | -159 |
Provision for losses on accounts receivable | ||||||||||
1,584 | 6,909 | 10,017 | 1,123 | 1,496 | 991 | 277 | 1,319 | -358 | 592 | 1,137 |
Depreciation and amortization | ||||||||||
30,722 | 33,863 | 30,098 | 16,879 | 15,987 | 11,759 | 12,848 | 12,615 | 10,192 | 9,103 | 7,884 |
Loss on disposal of property and equipment | ||||||||||
-449 | -746 | 21 | 29 | 5 | 0 | 0 | -414 | -267 | -452 | 29 |
Goodwill impairment charge | ||||||||||
0 | 14,846 | 0 | 0 | - | - | - | - | 20,000 | - | - |
Impairment of property and equipment | ||||||||||
- | - | - | - | - | 2,177 | 292 | - | - | - | - |
Warranty reserve | ||||||||||
2,886 | 2,168 | 5,370 | 2,934 | 10,729 | 2,306 | 1,938 | 1,452 | -1,468 | 331 | 542 |
Change in fair value of contingent obligation | ||||||||||
- | - | - | - | - | - | - | - | - | - | 600 |
Share-based compensation | ||||||||||
8,352 | 17,051 | 9,445 | 9,008 | 6,953 | 6,062 | 6,078 | 6,420 | 6,468 | 5,399 | 4,260 |
Impairment of intangible assets | ||||||||||
0 | 8,192 | 1,674 | 0 | 0 | 598 | 1,500 | 560 | 10,192 | 300 | - |
Impairment charge for sale of entity | ||||||||||
24,571 | 0 | 0 | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||||
Accounts receivable | ||||||||||
-9,817 | 5,199 | 30,473 | -19,723 | 15,272 | 2,431 | -9,357 | 22,031 | -160 | 3,460 | -683 |
Inventories | ||||||||||
-7,185 | 7,443 | -7,581 | 7,668 | 12,232 | 2,017 | 2,679 | -5,259 | -3,741 | 8,255 | -25 |
Other assets | ||||||||||
2,486 | 5,118 | -5,492 | 11,387 | -858 | 3,667 | 6,899 | 827 | -714 | 1,161 | 34 |
Accounts payable | ||||||||||
-1,367 | 4,105 | -1,385 | -4,965 | 3,270 | -7,648 | -1,387 | 11,311 | -7,062 | -5,468 | 457 |
Accrued liabilities | ||||||||||
-4,010 | -2,527 | 5,421 | -6,967 | -6,177 | 6,595 | -5,301 | 5,194 | -7,138 | -194 | 380 |
Deferred revenue | ||||||||||
3,392 | 2,076 | -7,232 | 13,879 | -1,118 | -775 | -768 | 1,712 | 2,112 | 723 | -153 |
Deferred income tax | ||||||||||
5,364 | 13,714 | -4,032 | 2,437 | -1,543 | -3,240 | -1,503 | 8,210 | 3,006 | -1,704 | -495 |
Net cash provided by operating activities | ||||||||||
60,060 | 33,020 | 19,726 | 72,687 | 36,852 | 42,143 | 36,797 | 19,392 | 22,752 | 11,455 | 26,588 |
Investing activities: | ||||||||||
Acquisition of businesses, net of cash acquired | ||||||||||
0 | -151 | 190,888 | 15,849 | 14,284 | 4,925 | 18,600 | 55,123 | 15,072 | 13,415 | 47,222 |
Purchase of property and equipment | ||||||||||
5,326 | 7,875 | 4,066 | 3,186 | 4,068 | 4,239 | 1,825 | 2,246 | 4,180 | 4,152 | 2,609 |
Acquisition of intangible assets | ||||||||||
13 | 665 | 0 | 210 | 1,126 | 1,481 | 1,875 | 5,094 | 825 | 344 | 1,003 |
Purchases of short-term investments | ||||||||||
- | - | - | 34,019 | 0 | 0 | - | - | - | 975 | 965 |
Sales of short-term investments | ||||||||||
0 | 0 | 34,019 | 0 | 0 | - | - | - | 1,005 | 975 | - |
Purchases of long-term investments | ||||||||||
- | - | - | - | - | - | - | - | 300 | - | - |
Net cash used in investing activities | ||||||||||
-5,339 | -8,389 | -160,935 | -53,264 | -19,478 | -10,645 | -22,300 | -62,463 | -19,372 | -17,911 | -51,799 |
Financing activities: | ||||||||||
Proceeds from stock option exercises and Employee Stock Purchase Program purchases | ||||||||||
3,635 | 11,448 | 3,466 | 3,630 | 10,258 | 16,210 | 8,981 | 1,857 | 2,319 | 2,548 | 1,077 |
Excess tax benefit on the exercise of stock options | ||||||||||
- | - | - | - | 7,104 | 7,525 | 3,109 | -381 | -160 | 551 | -159 |
Repurchase of common stock | ||||||||||
0 | 5,630 | 2,268 | 19,289 | 11,525 | 4,633 | 0 | - | - | - | - |
Principal payments of financing lease liability | ||||||||||
478 | 0 | 0 | - | - | - | - | - | - | - | - |
Taxes paid related to net share settlement of equity awards | ||||||||||
1,689 | 5,183 | 7,052 | 4,107 | 4,341 | 1,999 | 0 | - | - | - | - |
Proceeds from short-term borrowings | ||||||||||
- | - | - | 16,000 | 0 | 0 | 22,000 | 11,300 | 2,553 | - | - |
Proceeds from long-term borrowings | ||||||||||
0 | 0 | 60,000 | 140,000 | 0 | 0 | 35,383 | 25,000 | - | - | - |
Deferred debt issuance costs | ||||||||||
0 | 0 | 354 | 533 | 0 | 0 | - | - | - | - | - |
Contingent consideration earn-out | ||||||||||
0 | -147 | -2,966 | -1,284 | -664 | 0 | 0 | - | 2,000 | - | - |
Payments on borrowings | ||||||||||
50,000 | 50,000 | 45,000 | 16,000 | 0 | 38,017 | 52,226 | 4,359 | 3,013 | 1,403 | 429 |
Net cash provided by (used in) financing activities | ||||||||||
-48,532 | -49,512 | 5,826 | 118,417 | 832 | -20,914 | 17,247 | 33,417 | 1,699 | 1,696 | 489 |
Exchange rate changes effect on cash and cash equivalents | ||||||||||
735 | -7,696 | 10,782 | -6,758 | -2,295 | -132 | 1,305 | -105 | -646 | 557 | 393 |
Net increase (decrease) in cash and cash equivalents | ||||||||||
6,924 | -32,577 | -124,601 | 131,082 | 15,911 | 10,452 | 33,049 | -9,759 | 4,433 | -4,203 | -24,329 |
Supplemental disclosure of cash flow information: | ||||||||||
Cash paid for income taxes | ||||||||||
6,445 | 9,247 | 5,740 | 16,344 | 10,164 | 5,672 | 12,908 | 6,942 | 1,878 | 5,050 | 957 |
Non-cash investing activities: | ||||||||||
Property and equipment included in accounts payable | ||||||||||
69 | 167 | 148 | 134 | 289 | 122 | 80 | 392 | - | - | - |
Inventory transferred to property and equipment | ||||||||||
300 | 1,211 | 1,006 | 1,303 | 1,056 | 1,350 | 991 | 278 | 2,906 | - | - |
Fixed assets included in accounts payable | ||||||||||
- | - | - | - | - | - | - | - | 174 | - | - |