| Jan'18 | Oct'17 | Jul'17 | Apr'17 | Jan'17 | Oct'16 | Jul'16 | Apr'16 | Jan'16 | Oct'15 | Jul'15 | Apr'15 | Jan'15 | Oct'14 | Jul'14 | Apr'14 | Jan'14 | Oct'13 | Jul'13 | Apr'13 | Jan'13 | Oct'12 | Jul'12 | Apr'12 | Jan'12 | Oct'11 | Jul'11 | Apr'11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||||||||||||||||||
Net loss | |||||||||||||||||||||||||||
-73,421 | -19,084 | -12,677 | -14,859 | -8,716 | 221 | -1,722 | -8,098 | -6,191 | 6,435 | 296 | -382 | -3,610 | -557 | -7,620 | -9,914 | 1,253 | -2,978 | -4,791 | -4,533 | -35,197 | -39,451 | -13,418 | -13,702 | -18,838 | -121,575 | -21,962 | -5,670 |
Adjustments to reconcile net loss to net cash provided by operating activities: | |||||||||||||||||||||||||||
Depreciation and amortization | |||||||||||||||||||||||||||
2,845 | 2,507 | 4,070 | 4,277 | 3,939 | 5,221 | 5,401 | 6,178 | 6,281 | 5,195 | 5,202 | 5,294 | 5,555 | 5,447 | 5,294 | 5,412 | 5,390 | 4,492 | 4,704 | 5,568 | 6,788 | 6,389 | 5,576 | 5,117 | 5,243 | 8,294 | 7,978 | 7,437 |
Stock-based compensation | |||||||||||||||||||||||||||
1,412 | 1,243 | 1,235 | 1,529 | 1,369 | 1,493 | 1,751 | 1,892 | 1,679 | 1,891 | 1,255 | 1,734 | 1,701 | 1,705 | 1,385 | 1,488 | 1,427 | 1,668 | 1,686 | 2,033 | 2,517 | 2,502 | 2,750 | 2,826 | 2,893 | 2,805 | 3,136 | 3,191 |
Provision for excess and obsolete inventory | |||||||||||||||||||||||||||
3,477 | 545 | 448 | 449 | 783 | 538 | 582 | 101 | 905 | 633 | 548 | 1,071 | 1,870 | 1,129 | 904 | 364 | 145 | 38 | 14 | 561 | 3,440 | 1,913 | 1,397 | 303 | 872 | 114 | 7,802 | 167 |
Provision for sales returns, discounts and doubtful accounts | |||||||||||||||||||||||||||
174 | 190 | 17 | 11 | -249 | -110 | 389 | -402 | -227 | 133 | 407 | 187 | 834 | 381 | 92 | -105 | -244 | 188 | -9 | 71 | -332 | 112 | -87 | 149 | 98 | 0 | 0 | -44 |
Deferred income taxes | |||||||||||||||||||||||||||
282 | 31 | 10 | 81 | -621 | 125 | 137 | 101 | -2,571 | 112 | 31 | 73 | -3,465 | 3,094 | 86 | -57 | -638 | -578 | -1,244 | -1,669 | - | - | - | - | - | - | - | - |
Impairment of IP | |||||||||||||||||||||||||||
- | - | - | 3,006 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
(Loss) gain on disposal of software, equipment and leasehold improvements | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 579 | -55 | -53 | -34 | -96 | -154 | 30 | 47 |
Gain on sale of development project | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 1,079 | - | - | - | - | - | - | - | - |
Accretion of contributed leasehold improvements | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17 | 50 | 70 | 69 | 69 | 69 | 62 | 60 |
Impairment of IP and mask sets | |||||||||||||||||||||||||||
- | - | - | - | - | 0 | 300 | 0 | - | 795 | 955 | 33 | 689 | 856 | 1,156 | 110 | - | - | - | - | - | - | - | - | - | - | - | - |
Tax effect related to share awards | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -673 | 712 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Excess tax expense from stock- based compensation | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -188 | - | - | - | - | - | - | - | - |
Tax effect related to share awards | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 620 | - | - | - | - | - | - | - | - | - | - | - | - |
Excess tax benefit from stock-based compensation | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 673 | -712 | - | 0 | 0 | -620 | - | - | - | - | - | - | - | - | - | - | - | - |
Impairment of privately-held investment | |||||||||||||||||||||||||||
- | - | - | - | - | - | 586 | 300 | - | 0 | 132 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other non-cash activities | |||||||||||||||||||||||||||
-9 | -1 | 704 | -313 | 220 | 327 | 472 | 0 | 10 | 283 | 16 | -32 | - | - | - | - | - | - | -71 | 65 | - | - | - | - | - | - | - | - |
Accounts receivable | |||||||||||||||||||||||||||
-2,334 | -5,130 | -2,004 | -8,880 | -14,008 | 3,598 | 8,095 | 7,441 | -836 | -7,345 | 7,293 | 5,335 | 1,283 | 1,555 | 1,108 | -3,976 | -11,853 | 411 | 12,765 | 4,683 | -16,556 | -5,069 | 5,981 | 2,544 | -4,754 | -6,392 | 6,968 | -5,936 |
Inventory | |||||||||||||||||||||||||||
3,862 | -1,923 | -2,270 | 1,167 | -1,254 | -731 | -2,273 | -2,300 | -340 | -2,107 | 6,796 | 5,071 | 2,207 | 933 | 1,736 | -566 | 1,372 | -814 | 1,016 | -5,341 | -1,387 | -740 | 1,551 | -3,123 | 449 | -13,996 | 7,227 | -644 |
Prepaid expenses, other current and non-current assets | |||||||||||||||||||||||||||
2,346 | -564 | -1,970 | 337 | -102 | -485 | -5,215 | 1,437 | 4,949 | 101 | -514 | 315 | 2,886 | -532 | -228 | -838 | -776 | -825 | -271 | -2,060 | -8,670 | 4,212 | 3,077 | 113 | -164 | -269 | 149 | 727 |
Other non-current assets | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | -1,085 | 5,969 | -12 | -4 | -2,997 | -59 | -65 | -3 | - | - | - | - | 1,270 | 117 | 2,749 | -182 | -33 | -82 | -26 | -15 |
Accounts payable | |||||||||||||||||||||||||||
1,808 | -719 | -1,959 | 3,411 | -5,058 | -3,222 | -1,723 | -2,043 | -3,929 | -1,830 | 3,950 | 2,201 | -469 | 3,951 | 4,579 | -4,389 | 3,327 | -10,438 | 10,692 | 3,117 | -6,823 | 2,183 | 10,718 | -1,605 | -2,750 | -442 | -3,433 | -1,343 |
Other long-term liabilities, accrued liabilities, compensation and related benefits | |||||||||||||||||||||||||||
- | - | - | 2,352 | - | - | - | 2,881 | -812 | -753 | -2,922 | -807 | 1,440 | 5,136 | -488 | 662 | -8,953 | -701 | 5,159 | -3,244 | -17,612 | 6,029 | 12,582 | 392 | -12,000 | 958 | 3,102 | 3,826 |
Income taxes payable | |||||||||||||||||||||||||||
1,840 | 2,097 | -737 | 732 | 13 | 1,478 | 1,691 | 1,008 | 2,182 | 1,655 | 283 | -3,363 | -1,861 | 3,550 | -884 | -2,939 | - | - | - | - | -1,220 | 98 | 163 | -1,019 | - | - | - | - |
Other long-term liabilities | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | -917 | 654 | 142 | 114 | -3,489 | -3 | -11 | -2,414 | 6,843 | 34 | 1,151 | -1,498 | - | - | - | - | 6,220 | -6,221 | -261 | 839 |
Net cash provided by operating activities | |||||||||||||||||||||||||||
- | - | - | - | - | - | 7,595 | -4,862 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash provided by operating activities | |||||||||||||||||||||||||||
- | - | - | 8,516 | - | - | - | - | - | - | -3,362 | -4,676 | - | 16,669 | 2,376 | -6,285 | -29,788 | -3,390 | 6,108 | 5,636 | -9,647 | -1,800 | 3,728 | -6,926 | -7,810 | -1,976 | 4,194 | -6,554 |
Cash flows from investing activities: | |||||||||||||||||||||||||||
Restricted cash | |||||||||||||||||||||||||||
10 | 2 | 5 | 15 | -13 | -502 | -5 | -77 | 500 | 0 | 0 | 0 | -1,100 | -40 | 0 | -235 | -2 | 0 | 0 | 2 | - | - | - | - | -1 | -2 | 151 | 5 |
Purchases of marketable securities | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | 0 | 15,509 | 0 | 7,113 | - | - | - | - | 39 | 9,858 | 5,339 | 2,535 | 6,090 | 671 | 4,200 | 10,393 | 27,601 | 15,657 | 24,710 | 20,104 |
Sales and maturities of marketable securities | |||||||||||||||||||||||||||
- | - | - | 2,003 | - | - | - | 11 | 19,655 | 4,939 | 45 | 66 | 2,370 | 2,203 | 4,472 | 6,558 | 12,690 | 5,599 | 4,251 | 3,390 | 21,704 | -172 | 17,849 | 54,662 | 30,940 | 13,780 | 26,224 | 17,571 |
Purchases of software, equipment and leasehold improvements | |||||||||||||||||||||||||||
2,728 | 3,069 | 2,371 | 4,118 | 2,861 | 5,162 | 1,875 | 810 | 1,311 | 2,077 | 1,801 | 1,673 | 3,561 | 2,149 | 2,194 | 818 | 10,455 | 1,539 | 2,401 | 2,594 | 3,050 | 1,269 | -443 | 1,928 | -2,433 | 2,321 | 1,744 | 5,233 |
Purchases of IP | |||||||||||||||||||||||||||
2,184 | 1,668 | 2,126 | 1,044 | 2,613 | 3,239 | 593 | 1,838 | 4,443 | 346 | 828 | 1,576 | 1,169 | 890 | 234 | 1,319 | 822 | -53 | 1,349 | 2,750 | 5,058 | 4,940 | 1,088 | 739 | - | - | - | - |
Proceeds from sale of development project, net of transaction fees | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 1,971 | - | - | - | - | - | - | - | - |
Net cash used in investing activities | |||||||||||||||||||||||||||
- | - | - | -3,174 | - | - | - | - | - | - | -2,584 | -10,296 | - | -3,875 | 2,214 | 4,716 | 1,376 | -3,408 | -4,838 | -2,270 | 9,286 | -7,055 | -26,733 | 41,602 | -3,951 | -4,338 | -7,381 | -7,771 |
Cash flows from financing activities: | |||||||||||||||||||||||||||
Repayment of note receivable | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 170 | 60 | 0 | 200 | 0 | 250 | - | - | - | - | - | - | - | - |
Net cash (used in) provided by investing activities | |||||||||||||||||||||||||||
- | - | - | - | - | - | 3,315 | -2,560 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net share settlement of equity awards issued to employees | |||||||||||||||||||||||||||
-87 | -128 | -114 | -84 | -107 | -153 | -111 | -264 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Employee payroll taxes paid related to net share settlement of restricted stock units | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | -120 | -673 | 712 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Excess tax benefit from stock-based compensation | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | -1,206 | 622 | 620 | - | - | - | - | - | - | - | - | - | - | - | - |
Net proceeds from exercise of employee stock options and stock purchase rights | |||||||||||||||||||||||||||
3,412 | 103 | 1,290 | 6 | 1,356 | 618 | 1,379 | 136 | 1,029 | 8 | 2,591 | 153 | 1,044 | 23 | 1,246 | 1 | 1,174 | 1 | 1,415 | 32 | 2,038 | 303 | 2,178 | 55 | 2,123 | 125 | 1,965 | 1,164 |
Net cash provided by financing activities | |||||||||||||||||||||||||||
- | - | - | - | - | - | 1,268 | -128 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in financing activities | |||||||||||||||||||||||||||
- | - | - | -78 | - | - | - | - | - | - | 1,918 | 865 | - | -1,183 | 1,868 | 621 | -401 | 1 | 1,415 | 32 | 2,038 | -42 | 2,178 | 55 | 3,662 | 524 | 1,965 | 1,164 |
Effect of foreign exchange rate changes on cash and cash equivalents | |||||||||||||||||||||||||||
-42 | -4 | 87 | 8 | -227 | -132 | -153 | 88 | -160 | -55 | -67 | -61 | -227 | -163 | -41 | 53 | -55 | -18 | 9 | -169 | 210 | 157 | -152 | 36 | -268 | -72 | -85 | 248 |
Net increase in cash and cash equivalents | |||||||||||||||||||||||||||
-28,592 | 3,307 | -5,785 | 5,272 | 1,592 | -3,520 | 12,025 | -7,462 | -3,374 | 1,925 | -4,095 | -14,168 | 2,206 | 11,448 | 6,417 | -895 | 14,000 | -6,815 | 2,694 | 3,229 | 1,887 | -8,740 | -20,979 | 34,767 | -8,367 | -5,862 | -1,307 | -12,913 |
Supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||
Cash paid for income taxes | |||||||||||||||||||||||||||
1,743 | 737 | 1,831 | 349 | 1,187 | 675 | 271 | 383 | -331 | 1,109 | 1,106 | 5,120 | 489 | 819 | 1,083 | 3,694 | 944 | 1,934 | 1,246 | 1,969 | 496 | 895 | 814 | 468 | 293 | 523 | 317 | 197 |