| Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | |
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||
Net income (loss) | ||||||
-24,647 | -195,868 | 17,167 | 15,735 | - | - | |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||
Loss (gain) on disposal of discontinued operations | ||||||
-1,894 | - | - | - | - | - | |
Net income (loss) | ||||||
- | - | - | - | 49,771 | 63,595 | |
Amortization of acquisition-related intangibles | ||||||
8,543 | 6,832 | 8,689 | - | 7,561 | 8,391 | |
Amortization of acquisition-related intangibles | ||||||
- | - | - | 7,845 | - | - | |
Provision for doubtful accounts | ||||||
1,661 | 2,031 | 1,317 | 2,666 | 232 | 434 | |
Depreciation and amortization | ||||||
22,163 | 20,307 | 22,207 | 23,413 | 19,438 | - | |
Impairment of goodwill | ||||||
21,249 | 175,241 | - | - | - | - | |
Impairment of intangibles | ||||||
- | 235 | 9,351 | - | - | - | |
Impairment of intangibles | ||||||
- | - | - | - | 0 | - | |
Depreciation and amortization | ||||||
- | - | - | - | - | 15,980 | |
Debt issuance cost amortization | ||||||
1,701 | 1,953 | 1,986 | 318 | 0 | - | |
Amortization of investment premiums | ||||||
-2,837 | - | - | - | - | - | |
Loss (gain) on disposal of equipment | ||||||
-88 | -85 | - | - | - | - | |
Gain on sale of investment | ||||||
17,526 | 3,178 | - | - | - | - | |
Gain on business divestiture | ||||||
- | 246 | - | - | - | - | |
Debt financing costs - write-off | ||||||
- | - | - | - | 5,208 | - | |
Stock-based compensation expense | ||||||
20,568 | 29,517 | 22,114 | 20,773 | 18,270 | 12,548 | |
Excess tax benefits from stock-based compensation | ||||||
- | 505 | 1,985 | 2,474 | 690 | 4,390 | |
Deferred and other income taxes | ||||||
-150 | 23,349 | -2,649 | -2,841 | -186 | 4,971 | |
Impairment of equity investment | ||||||
- | - | 2,198 | 2,188 | - | - | |
Change in operating assets and liabilities, net of acquisitions: | ||||||
Impairment of equity investment | ||||||
- | - | - | - | 0 | - | |
Accounts receivable | ||||||
15,278 | -2,715 | 15,292 | -180 | -2,735 | -11,332 | |
Prepaid and other assets | ||||||
-9,744 | 8,392 | -2,635 | 6,540 | -23,263 | 26,505 | |
Accounts payable | ||||||
-37,698 | -40,333 | 57,162 | -11,554 | 7,083 | 6,531 | |
Deferred revenue | ||||||
-7,288 | 8,265 | -1,782 | -2,749 | 4,109 | 3,235 | |
Income tax payable | ||||||
-1,679 | 10,948 | -4,061 | -1,491 | 1,377 | -5,366 | |
Other current liabilities | ||||||
-1,472 | 5,884 | -24,289 | 12,331 | -1,115 | 4,478 | |
Net cash provided by (used in) operating activities | ||||||
-15,290 | 38,840 | 94,768 | - | 137,056 | 95,234 | |
INVESTING ACTIVITIES | ||||||
Net cash provided by (used in) operating activities | ||||||
- | - | - | 57,800 | - | - | |
Purchases of investments | ||||||
140,900 | 98,658 | 254,536 | 198,673 | - | - | |
Sales of investments | ||||||
184,978 | 185,750 | 213,302 | 53,299 | - | - | |
Cash received (paid) for cost method investments | ||||||
-39,636 | -2,700 | 9,490 | - | - | - | |
Cash received from divestitures | ||||||
120 | 500 | - | - | - | - | |
Cash paid for cost method investments | ||||||
- | - | - | - | 26,780 | - | |
Funding of restricted cash | ||||||
- | - | - | 2,156 | 0 | - | |
Cash paid for acquisitions, net of cash received | ||||||
55,843 | - | - | 14,585 | 4,910 | 23,465 | |
Purchases of investments | ||||||
- | - | - | - | 21,922 | 480,917 | |
Sales of investments | ||||||
- | - | - | - | 23,400 | 676,108 | |
Purchases of equipment and capitalized software | ||||||
23,334 | 22,035 | 23,860 | 18,579 | 31,949 | 26,898 | |
Net cash provided by (used in) investing activities | ||||||
4,657 | 68,257 | -74,584 | - | -62,161 | 144,828 | |
FINANCING ACTIVITIES | ||||||
Cash received for convertible senior notes | ||||||
- | - | - | 345,000 | - | - | |
Cash received (paid) for convertible senior notes | ||||||
- | - | - | - | -186,660 | - | |
Debt issuance costs | ||||||
- | - | 342 | 9,529 | 0 | - | |
Net cash provided by (used in) investing activities | ||||||
- | - | - | -180,694 | - | - | |
Repurchase of senior convertible notes | ||||||
5,353 | 43,896 | - | - | - | - | |
Exercise of stock options | ||||||
1,273 | 1,567 | 364 | 5,004 | 10,050 | 7,171 | |
Sales of common stock under employee stock purchase plan | ||||||
2,232 | 2,552 | 2,466 | 2,374 | 2,489 | 2,715 | |
Repurchase of common stock | ||||||
51,208 | 22,667 | 79,758 | 34,999 | 0 | 137,858 | |
Repurchase of restricted stock to satisfy tax withholding obligation | ||||||
4,487 | 5,108 | 5,992 | 3,317 | 717 | - | |
Repurchase of restricted stock to satisfy tax withholding obligation | ||||||
- | - | - | - | - | 598 | |
Excess tax benefits from stock-based compensation | ||||||
- | 505 | 1,985 | 2,474 | 690 | 4,390 | |
Net cash provided by (used in) financing activities | ||||||
-57,543 | -67,047 | -81,277 | - | -174,148 | -124,180 | |
EFFECT OF EXCHANGE RATE CHANGES ON CASH | ||||||
9,193 | 5,608 | -6,800 | - | 1,622 | -7,335 | |
Net cash provided by (used in) financing activities | ||||||
- | - | - | 307,007 | - | - | |
EFFECT OF EXCHANGE RATE CHANGES ON CASH | ||||||
- | - | - | -11,731 | - | - | |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | ||||||
-58,983 | 45,658 | -67,893 | 172,382 | -97,631 | 108,547 | |
SUPPLEMENTAL DISCLOSURES | ||||||
Cash paid for interest on senior convertible notes | ||||||
6,081 | 7,123 | 7,010 | 110 | - | - | |
Cash paid for interest on senior convertible notes | ||||||
- | - | - | - | 1,274 | 2,438 | |
Cash paid for income taxes | ||||||
4,292 | 3,272 | 5,085 | 5,883 | 16,615 | 20,503 | |