| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net loss | |||||||||
-971 | -15,345 | 44,949 | 32,199 | 33,714 | 109,107 | 83,269 | 27,465 | 7,487 | -2,171 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | |||||||||
Depreciation and amortization | |||||||||
65,557 | 65,647 | 55,081 | 40,124 | 31,099 | 28,830 | 27,032 | 18,765 | 20,943 | 29,453 |
Deferred taxes | |||||||||
-11,381 | 8,753 | -11,091 | -7,997 | -5,836 | 53,846 | -52,821 | -2,691 | -4,190 | 6,806 |
Tax benefit from employee stock plans | |||||||||
- | - | - | 5,369 | 8,491 | 6,867 | 417 | 1,426 | - | - |
Excess tax benefit from stock-based compensation | |||||||||
- | - | - | - | - | 7,024 | 1,360 | 2,038 | 573 | 180 |
Provisions for bad debt and sales-related allowances | |||||||||
7,034 | 12,416 | 10,678 | 7,536 | 7,408 | 9,595 | 3,250 | 2,010 | 2,525 | 7,703 |
Provision for inventory obsolescence | |||||||||
6,016 | 6,312 | 5,716 | 7,147 | 6,300 | 4,508 | 3,231 | 6,991 | 5,833 | 4,986 |
Stock-based compensation expense | |||||||||
45,281 | 26,532 | 31,726 | - | - | 25,770 | 19,721 | 23,369 | 15,925 | 18,583 |
Stock-based compensation, net of cash settlements | |||||||||
- | - | - | -33,741 | -36,061 | - | - | - | - | - |
Payments of contingent obligations | |||||||||
699 | 5,906 | 0 | - | 3,428 | 1,563 | - | - | - | - |
Non-cash asset impairment and restructuring | |||||||||
- | - | - | - | - | - | - | - | -685 | 2,334 |
Non-cash acquisition-related compensation costs | |||||||||
- | - | - | - | - | - | 907 | - | - | - |
Gain on sale of building and land, net of relocation costs paid | |||||||||
- | - | - | - | - | 118,492 | - | - | - | - |
Non-cash accretion of interest expense on convertible notes and imputed financing obligation | |||||||||
15,239 | 14,981 | 13,489 | 12,957 | 4,433 | 271 | - | - | - | - |
Change in fair value of contingent consideration, including accretion | |||||||||
21,486 | -6,980 | -6,813 | - | - | - | - | - | - | - |
Net change in derivative assets and liabilities | |||||||||
2,286 | -2,938 | 2,125 | - | - | - | - | - | - | - |
Gain on sale of minority investment in a privately-held company | |||||||||
- | - | - | - | - | - | - | 2,866 | - | - |
Gain on sale of building and land | |||||||||
- | - | - | - | - | - | - | - | - | 79,991 |
Other non-cash charges | |||||||||
-1,230 | -2,618 | -755 | -3,844 | 3,608 | 4,355 | -1,870 | -1,426 | -734 | -2,252 |
Changes in operating assets and liabilities, net of effect of acquired businesses: | |||||||||
Accounts receivable | |||||||||
7,394 | 29,189 | 31,221 | 34,355 | 27,143 | 4,409 | 29,325 | 3,386 | 5,718 | -9,799 |
Inventories | |||||||||
18,068 | 24,398 | -4,510 | 6,758 | 11,868 | 13,683 | 6,853 | 6,550 | 5,329 | 6,454 |
Other current assets | |||||||||
18,898 | 9,218 | 6,498 | 14,863 | -13,409 | 7,117 | 4,840 | 1,047 | 2,083 | -3,325 |
Accounts payable and other accrued liabilities | |||||||||
27,389 | -6,235 | 651 | -6,371 | 8,729 | 11,819 | 9,464 | 2,529 | 16,836 | -23,383 |
Income taxes receivable/payable, net | |||||||||
-3,058 | -5,591 | -2,429 | -4,216 | -5,631 | -4,631 | -608 | 6,793 | -9,152 | 7,270 |
Net cash provided by (used in) operating activities | |||||||||
83,505 | 51,295 | 121,004 | 68,357 | 92,130 | 89,339 | 53,354 | 72,196 | 43,923 | -19,668 |
Cash flows from investing activities: | |||||||||
Purchases of short-term investments | |||||||||
0 | 87,623 | 216,349 | 328,911 | 281,962 | 145,088 | 64,528 | 99,155 | 111,619 | 167,465 |
Proceeds from sales and maturities of short-term investments | |||||||||
46,624 | 233,633 | 252,856 | 311,508 | 139,185 | 47,375 | 80,992 | 101,716 | 105,603 | 127,163 |
Purchases (Sales) of restricted cash investments | |||||||||
0 | -5,115 | 5,110 | - | - | - | - | - | - | - |
Purchases of restricted investments | |||||||||
- | - | - | - | 0 | - | - | - | - | - |
Purchases, net of proceeds from sales, of property and equipment | |||||||||
12,290 | 13,754 | 22,373 | 18,449 | 15,900 | 49,815 | 6,147 | 9,828 | 5,016 | 5,218 |
Proceeds from sale of minority investment in a privately-held company | |||||||||
- | - | - | - | - | - | - | 2,866 | - | - |
Proceeds from notes receivable of acquired businesses and other investments | |||||||||
- | - | - | - | - | 354 | 5,216 | 713 | - | - |
Cash flows from financing activities: | |||||||||
Proceeds from sale of building and land, net of direct transaction costs | |||||||||
- | - | - | - | - | - | 179,173 | - | - | 135,802 |
Businesses purchased, net of cash acquired | |||||||||
- | - | - | - | 21,980 | 14,688 | 61,591 | 36,690 | 16,448 | - |
Proceeds from sale of held-for-sale building and land | |||||||||
1,130 | 0 | 0 | - | - | - | - | - | - | - |
Businesses and technology purchased, net of cash acquired and dispositions | |||||||||
-697 | 29,559 | 19,932 | 74,766 | - | - | - | - | - | - |
Purchase of convertible note hedges | |||||||||
- | - | - | - | 63,928 | - | - | - | - | - |
Proceeds from issuance of warrants | |||||||||
- | - | - | - | 34,535 | - | - | - | - | - |
Purchases of other investments | |||||||||
- | - | - | - | - | - | - | - | - | 1,701 |
Net cash provided by investing activities | |||||||||
36,161 | 107,812 | -10,908 | -110,618 | -180,657 | -161,862 | 133,115 | -40,378 | -27,480 | 88,581 |
Proceeds from issuance of convertible senior notes | |||||||||
150,000 | 0 | 0 | - | 336,365 | - | - | - | - | - |
Debt issuance costs | |||||||||
3,750 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from issuance of common stock | |||||||||
10,522 | 12,074 | 11,100 | 11,450 | 16,317 | 12,303 | 18,958 | 8,123 | 6,682 | 5,876 |
Payments for Repurchase of Equity | |||||||||
113,509 | 101,844 | 83,292 | 76,447 | 101,095 | 35,734 | 35,176 | 45,841 | 3,557 | 101,075 |
Repayments of Other Debt | |||||||||
11,209 | 9,000 | 8,275 | - | - | - | - | - | - | - |
Contingent consideration payments related to businesses acquired | |||||||||
2,503 | 25,018 | 28,111 | 4,093 | 10,594 | 15,123 | 969 | 1,746 | - | - |
Repayment of acquisition-related debt | |||||||||
755 | 2,094 | 528 | 22,592 | 564 | 1,860 | 6,914 | 210 | - | - |
Net cash used in financing activities | |||||||||
28,796 | -125,882 | -109,106 | -91,682 | 211,036 | -33,390 | -22,741 | -37,636 | 3,698 | -95,019 |
Excess tax benefit from stock-based compensation | |||||||||
- | - | - | - | - | 7,024 | 1,360 | 2,038 | 573 | 180 |
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash equivalents | |||||||||
-2,477 | 4,196 | 374 | -99 | -1,460 | -999 | 210 | -487 | 155 | 21 |
Increase (decrease) in cash, cash equivalents, and restricted cash equivalents | |||||||||
145,985 | 37,421 | 1,364 | -134,042 | 121,049 | -106,912 | 163,938 | -6,305 | 20,296 | -26,085 |