| Apr'19 | Apr'18 | Apr'17 | May'16 | May'15 | Apr'14 | Apr'13 | Apr'12 | Apr'11 | Apr'10 |
|---|---|---|---|---|---|---|---|---|---|
Operating activities | |||||||||
Net loss | |||||||||
-53,216 | -48,286 | 249,346 | 35,193 | 11,887 | 111,787 | -5,454 | 42,993 | 88,095 | 14,131 |
Adjust for net loss attributable to non-controlling interest | |||||||||
- | - | - | - | - | -250 | -2,611 | 21 | 0 | 0 |
Consolidated net income | |||||||||
- | - | - | - | - | 111,537 | -8,065 | 43,014 | 88,095 | 14,131 |
Adjustments to reconcile net loss to net cash provided by operating activities: | |||||||||
Depreciation | |||||||||
95,434 | 98,769 | 87,016 | 85,264 | 82,699 | 62,013 | 52,804 | 45,560 | 37,622 | 30,530 |
Amortization | |||||||||
5,005 | 6,680 | 8,203 | 9,416 | 9,374 | 8,136 | 11,336 | 10,654 | 5,888 | 7,045 |
Stock-based compensation expense | |||||||||
61,292 | 63,120 | 52,598 | 47,508 | 46,613 | 39,955 | 33,594 | 25,974 | 18,521 | 15,650 |
Amortization of discount on held-to-maturity investments | |||||||||
8,115 | 8,135 | 2,045 | 0 | 0 | - | - | - | - | - |
Equity in losses of equity method investment | |||||||||
0 | 0 | -250 | 1,200 | 730 | 585 | 0 | 619 | 413 | 0 |
Loss on sale or retirement of assets and asset disposal groups | |||||||||
-190 | -103 | -149 | 405 | 1,955 | 8,313 | 1,350 | -233 | -20 | -330 |
Net gain on sale of minority investments | |||||||||
- | - | - | - | - | - | - | 619 | 0 | 375 |
Impairment of minority investment | |||||||||
399 | 2,347 | 643 | 0 | 0 | - | - | 616 | 0 | 2,000 |
Impairment of long-lived assets | |||||||||
4,459 | 2,233 | 0 | 1,901 | 5,767 | 0 | 20,643 | 0 | 0 | - |
Gain on fair value measurement of equity-method investment | |||||||||
- | - | - | - | - | - | - | 5,429 | 0 | 0 |
Gain on fair value remeasurement of contingent consideration related to acquisition | |||||||||
- | - | - | - | - | - | -7,130 | -4,853 | 0 | 0 |
Loss on debt extinguishment | |||||||||
- | - | - | - | - | - | - | -419 | -8,340 | -25,039 |
Stock-based defined contribution retirement plan | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Gain on sale of a product line | |||||||||
- | - | - | - | - | - | - | - | - | 1,250 |
Gain on sale of discontinued operations | |||||||||
- | - | - | - | - | - | - | - | - | 36,053 |
Amortization of Debt Discount (Premium) | |||||||||
28,341 | 30,834 | 16,935 | 9,604 | 9,153 | 3,151 | 0 | 0 | 742 | 3,033 |
Deferred income tax (benefit) expense | |||||||||
-2,544 | 25,614 | -101,534 | -4,928 | 0 | - | - | - | - | - |
Changes in operating assets and liabilities: | |||||||||
Accounts receivable | |||||||||
26,703 | -38,848 | 23,120 | 36,023 | -12,238 | 74,238 | -21,971 | -11,893 | 40,769 | 45,797 |
Inventories | |||||||||
-33,547 | -839 | 73,582 | 4,221 | 37,542 | 62,864 | -19,362 | 21,323 | 37,088 | 26,655 |
Other assets | |||||||||
-14,775 | 910 | 8,365 | -19,728 | 17,098 | 33,436 | -1,848 | 7,198 | 4,249 | 6,230 |
Deferred income taxes | |||||||||
- | - | - | - | - | - | - | - | -2,000 | 1,999 |
Accounts payable | |||||||||
3,034 | 1,156 | -1,023 | 10,081 | 12,024 | 33,965 | 3,015 | -11,990 | -550 | 28,417 |
Accrued compensation | |||||||||
-721 | -21,995 | 18,436 | 11,166 | -17,505 | 4,580 | 2,390 | 2,094 | 4,690 | 6,500 |
Deferred revenue | |||||||||
0 | -3,480 | -514 | 3,679 | -5,816 | 5,505 | -1,760 | -2,383 | 7,628 | 4,666 |
Other accrued liabilities | |||||||||
16,986 | -16,100 | 4,439 | -3,163 | 4,488 | 9,709 | -368 | -13,270 | 3,156 | -7,215 |
Net cash provided by operating activities | |||||||||
172,163 | 171,637 | 227,832 | 183,600 | 113,597 | 99,115 | 148,290 | 74,011 | 94,459 | 11,767 |
Investing activities | |||||||||
Additions to property, equipment and improvements | |||||||||
209,879 | 221,482 | 140,106 | 118,825 | 149,193 | 130,191 | 90,622 | 77,039 | 64,137 | 31,408 |
Proceeds from sale of property and equipment and asset disposal groups | |||||||||
0 | 0 | 504 | 844 | 2,477 | 1,483 | 2,698 | 32 | 37 | 33 |
Purchases of short-term investments | |||||||||
930,277 | 1,765,687 | 1,032,474 | 261,179 | 462,935 | 209,922 | 0 | 0 | - | - |
Maturities of short-term investments | |||||||||
1,719,275 | 1,866,062 | 321,178 | 290,542 | 380,276 | 0 | 0 | - | - | - |
Purchase of intangible assets | |||||||||
0 | 0 | 1,885 | 0 | 0 | - | 221 | 1,276 | 0 | 375 |
Acquisitions, net of cash acquired | |||||||||
- | - | - | - | 2,728 | 21,155 | 21,525 | 71,232 | 0 | 0 |
Proceeds from sale of minority investments | |||||||||
- | - | - | - | -1,470 | 0 | -10,495 | -913 | 32,173 | -375 |
Proceeds from disposal of product line | |||||||||
- | - | - | - | - | - | - | - | - | -1,250 |
Proceeds from sale of discontinued operation | |||||||||
- | - | - | - | - | - | - | - | - | 40,683 |
Net cash provided by (used in) investing activities | |||||||||
579,119 | -121,107 | -852,783 | -88,618 | -230,633 | -359,785 | -99,175 | -148,602 | -96,273 | 10,558 |
Financing activities | |||||||||
Proceeds from term loans | |||||||||
- | - | - | - | - | 4,230 | 0 | 1,800 | 0 | 5,500 |
Repayments of term loans | |||||||||
0 | 0 | 234 | 265 | 337 | 3,676 | 3,150 | 15,576 | 19,250 | 7,663 |
Repayment of 2033 Notes | |||||||||
257,696 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from issuance of 0.50% Convertible Senior Notes due 2036, net of issuance costs | |||||||||
0 | 0 | 569,302 | 0 | 0 | 255,000 | 0 | 0 | - | 98,057 |
Repayment of convertible notes | |||||||||
- | - | - | - | - | - | - | - | 29,581 | 87,951 |
Net proceeds from common stock offering | |||||||||
- | - | - | - | - | - | - | - | 117,906 | 131,090 |
Proceeds from the issuance of shares under equity plans and employee stock purchase plan | |||||||||
11,145 | 11,680 | 20,773 | 11,598 | 11,715 | 19,141 | 8,567 | 8,146 | 40,480 | 8,445 |
Shares repurchased for tax withholdings on vesting of restricted stock units | |||||||||
2,803 | 10,181 | 3,883 | 4,537 | - | - | - | - | - | - |
Net cash provided by (used in) financing activities | |||||||||
-249,354 | 1,499 | 585,958 | 6,796 | 11,378 | 274,695 | 5,417 | -5,630 | 109,555 | 147,478 |
Net increase in cash and cash equivalents | |||||||||
501,928 | 52,029 | -38,993 | 101,778 | -105,658 | 14,025 | 54,532 | -80,221 | 107,741 | 169,803 |
Supplemental disclosure of cash flow information | |||||||||
Cash paid for interest | |||||||||
4,170 | 4,170 | 1,298 | 1,314 | 2,340 | 2,067 | 2,011 | 2,540 | 4,311 | 5,305 |
Cash paid for taxes | |||||||||
7,520 | 11,594 | 11,108 | 9,590 | 4,984 | 3,660 | 2,073 | 7,757 | 2,138 | 711 |
Issuance of common stock upon conversion of 5.0% Convertible Senior Notes due 2029 | |||||||||
- | - | - | - | 40,015 | 0 | 0 | - | 69,165 | 16,383 |