| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Operating activities | |||||||||
Net loss | |||||||||
-16,044 | 9,842 | -7,630 | -73,925 | -23,952 | -24,591 | -35,402 | -32,896 | -25,288 | -20,351 |
Income from discontinued operations | |||||||||
- | - | - | - | - | 265 | -426 | -2,861 | 4,778 | -1,879 |
Net loss from continuing operations | |||||||||
- | - | - | - | - | -24,856 | -34,976 | -30,035 | -30,066 | -22,230 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | |||||||||
Depreciation and amortization | |||||||||
20,065 | 18,590 | 20,514 | 20,484 | 20,904 | 20,202 | 28,746 | 33,835 | 32,817 | 24,683 |
Share-based compensation | |||||||||
13,778 | 15,830 | 12,744 | 13,459 | 12,338 | 10,491 | 12,345 | 14,475 | 15,881 | 16,182 |
Gain (Loss) Related to Litigation Settlement | |||||||||
0 | 14,900 | 0 | 0 | - | - | - | - | - | - |
Legal Fees | |||||||||
- | - | - | 54,000 | 0 | - | - | - | - | - |
Accrual of provision for litigation | |||||||||
- | - | - | - | - | 0 | - | - | - | - |
Foreign currency remeasurement (gain) loss | |||||||||
25 | 162 | -798 | -585 | 1,591 | 2,167 | 531 | 103 | 0 | - |
Deferred income taxes | |||||||||
-270 | -17 | 325 | -170 | -46 | 359 | 328 | 38 | 214 | 718 |
Gain on sale of property and equipment | |||||||||
56 | 137 | 410 | 514 | 0 | 0 | -442 | -89 | 0 | -48 |
Accounts receivable charges | |||||||||
1,793 | 902 | 949 | 137 | 1,037 | 408 | 965 | 2,010 | 1,181 | 1,333 |
Amortization of premium on marketable securities | |||||||||
-30 | -115 | -283 | -67 | -194 | -459 | -639 | -472 | 63 | -359 |
Realized loss on marketable securities | |||||||||
-9 | 0 | 0 | - | - | - | - | - | - | - |
Realized loss on sale of marketable securities | |||||||||
- | - | - | -32 | 0 | 0 | - | - | - | - |
Non cash tax benefit associated with sale of discontinued operations | |||||||||
- | - | - | - | - | -59 | 0 | 0 | -2,572 | - |
Non cash increase in cost basis investment | |||||||||
- | - | - | - | - | - | - | -528 | -1,038 | -405 |
Gain on sale of cost basis investment | |||||||||
- | - | - | - | - | - | - | 9,420 | 0 | - |
Gain on sale of the Web Content Management business | |||||||||
- | - | - | - | - | - | 3,836 | 0 | 0 | - |
Changes in operating assets and liabilities: | |||||||||
Accounts receivable | |||||||||
10,228 | -5,438 | 5,912 | 760 | 5,210 | 1,600 | -2,581 | 567 | -5 | 2,953 |
Prepaid expenses and other current assets | |||||||||
1,101 | 2,466 | 342 | -4,648 | 194 | 1,792 | -1,222 | -2,910 | 582 | -1,221 |
Income taxes receivable | |||||||||
-40 | 31 | -38 | -39 | -44 | -150 | -105 | 440 | -184 | -418 |
Other assets | |||||||||
4,188 | 558 | -270 | -580 | -3,064 | -1,607 | -519 | 1,626 | 3,859 | -2,233 |
Accounts payable and other current liabilities | |||||||||
1,292 | -4,333 | 4,019 | -1,757 | 85 | 122 | -1,808 | 2,419 | -2,491 | 288 |
Deferred revenue | |||||||||
-789 | 1,089 | -957 | -822 | - | - | - | - | - | - |
Deferred revenue | |||||||||
- | - | - | - | -932 | -1,109 | 4 | -137 | -1,021 | -7,023 |
Other current liabilities | |||||||||
- | - | - | - | - | - | - | 17 | -3,254 | 2,024 |
Income taxes payable | |||||||||
61 | -333 | 249 | -8 | -80 | -233 | 305 | -255 | -1,357 | -478 |
Payments related to litigation, net | |||||||||
3,040 | 9,060 | 18,000 | 9,000 | 0 | 0 | - | - | - | - |
Other long term liabilities | |||||||||
-121 | -121 | -790 | -857 | 688 | -796 | -798 | -649 | 1,344 | 21 |
Net cash provided by operating activities of continuing operations | |||||||||
- | - | - | - | - | 468 | 5,596 | 12,429 | - | - |
Net cash provided by (used in) operating activities | |||||||||
1,746 | 19,722 | 5,498 | 6,558 | 6,441 | - | - | - | 4,895 | 15,003 |
Investing activities | |||||||||
Purchases of marketable securities | |||||||||
10,279 | 20,631 | 14,930 | 45,629 | 16,821 | 25,482 | 59,047 | 27,280 | 22,712 | 28,509 |
Sale and maturities of marketable securities | |||||||||
35,364 | 23,865 | 30,756 | 29,315 | 22,620 | 22,150 | 44,901 | 27,625 | 14,932 | 80,924 |
Purchases of property and equipment | |||||||||
34,704 | 16,113 | 20,725 | 9,563 | 24,714 | 18,581 | 18,575 | 18,390 | 30,363 | 33,501 |
Proceeds from sale of property and equipment | |||||||||
51 | 135 | 97 | 504 | 0 | 0 | - | - | - | - |
Proceeds from the sale of cost basis investment | |||||||||
- | - | - | - | - | - | 1,237 | 10,154 | 0 | - |
Proceeds from sale of the Web Content Management business | |||||||||
- | - | - | - | - | - | 12,341 | 0 | 0 | - |
Proceeds from the sale of discontinued operations | |||||||||
- | - | - | - | - | 414 | 124 | 7,441 | 61,000 | - |
Acquisition of businesses, net of cash acquired | |||||||||
- | - | - | - | - | - | - | - | 7,360 | 2,622 |
Acquisition of businesses, now included in discontinued operations | |||||||||
- | - | - | - | - | - | - | - | - | 63,907 |
Net cash used in investing activities | |||||||||
-9,568 | -12,744 | -4,802 | -25,373 | -18,915 | -21,499 | -19,019 | -450 | 15,497 | -47,615 |
Financing activities | |||||||||
Principal payments on capital lease obligations | |||||||||
- | - | - | 4,685 | 453 | 466 | 1,301 | 1,749 | 1,384 | 192 |
Payments of employee tax withholdings related to restricted stock vesting | |||||||||
3,607 | 4,793 | 4,496 | 1,982 | 2,627 | 1,795 | 2,372 | 683 | 1,196 | 1,582 |
Cash paid for the purchase of common stock | |||||||||
0 | 3,800 | 0 | 0 | 957 | 4,542 | 5,512 | 20,851 | 24,373 | - |
Proceeds from employee stock plans | |||||||||
4,406 | 6,173 | 2,648 | 2,743 | 4,018 | 1,381 | 263 | 190 | 733 | - |
Proceeds from employee stock purchase plan | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Proceeds from secondary public offering, net | |||||||||
- | - | - | - | - | - | - | - | 77,049 | - |
Proceeds from exercise of stock options | |||||||||
- | - | - | - | - | - | - | - | - | 1,948 |
Net cash provided by (used in) financing activities | |||||||||
799 | -2,420 | -1,848 | -3,924 | -19 | -5,422 | -8,922 | -23,093 | 50,829 | 174 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||
-25 | -87 | 330 | -207 | -594 | -1,732 | -606 | -171 | 351 | 210 |
Net increase (decrease) in cash and cash equivalents | |||||||||
-7,048 | 4,471 | -822 | - | - | - | - | - | - | - |
Cash used in operating activities of discontinued operations | |||||||||
- | - | - | - | - | -4 | -8 | -149 | -5,400 | -1,603 |
Cash used in investing activities of discontinued operations | |||||||||
- | - | - | - | - | - | - | - | -684 | -817 |
Net cash used in discontinued operations | |||||||||
- | - | - | - | - | - | - | - | -6,084 | -2,420 |
Net increase (decrease) in cash and cash equivalents | |||||||||
- | - | - | -22,946 | -13,087 | -28,189 | -22,959 | -11,434 | 65,488 | -34,648 |
Supplemental disclosure of cash flow information | |||||||||
Cash paid during the period for interest | |||||||||
76 | 87 | 44 | 720 | - | - | - | - | - | - |
Cash paid during the period for interest | |||||||||
- | - | - | - | 29 | 32 | 76 | 178 | 203 | 62 |
Cash paid during the year for income taxes, net of refunds | |||||||||
396 | 892 | 486 | 542 | 379 | 647 | 321 | 1,428 | 1,851 | 2,064 |
Property and equipment acquired through leasehold incentives | |||||||||
- | - | - | - | - | - | 386 | 0 | 2,361 | - |
Contingent consideration common stock issued in connection with acquisition of businesses | |||||||||
- | - | - | - | - | - | 33 | 186 | 1,389 | 1,404 |
Property acquired due to vendor concession | |||||||||
- | - | - | - | - | - | 250 | 0 | - | - |
Property and equipment acquired through capital leases | |||||||||
- | - | - | 2,659 | 2,035 | 0 | 0 | - | 2,271 | 2,767 |
Property and equipment expenditures remaining in accounts payable and other current liabilities | |||||||||
- | - | - | - | - | - | - | 948 | 3,275 | 5,300 |
Property acquired due to vendor concession | |||||||||
- | - | - | - | - | - | - | - | 0 | - |