Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows (Unaudited)

v3.3.0.814
Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows used in operating activities:    
Net loss $ (24,122) $ (66)
Net (income) loss from discontinued operations, net of tax 10 (14,365)
Net loss from continuing operations (24,112) (14,431)
Adjustments to reconcile net loss to net cash used in continuing operating activities:    
Depreciation and amortization 2,292 1,411
Deferred income taxes 1,430 1,281
Loss on disposal of property and equipment 23 31
Deferred income taxes (235) 85
Current income tax benefit resulting from income generated from discontinued operations 0 (5,888)
Changes in operating assets and liabilities:    
Receivables 1,647 (4,364)
Finished goods inventories (162) (76)
Prepaid income taxes / income taxes payable (407) 310
Prepaid expenses and other assets (300) (2,231)
Trade accounts payable and other accrued liabilities (524) 175
Accrued compensation (3,264) 498
Deferred revenue 1,296 2,624
Other non-current liabilities (11) (91)
Net cash used in continuing operating activities (22,327) (20,666)
Net cash provided by discontinued operating activities 665 1,483
Net cash used in operating activities (21,662) (19,183)
Cash flows provided by (used in) investing activities:    
Purchases of marketable securities (9,500) (31,250)
Sales and maturities of marketable securities 24,215 14,250
Purchases of property and equipment (530) (760)
Proceeds from sale of property and equipment 43 0
Net cash provided by (used in) continuing investing activities 14,228 (17,760)
Net cash provided by (used in) discontinued investing activities (1) 19,676
Net cash provided by investing activities 14,227 1,916
Cash flows provided by (used in) financing activities:    
Common stock repurchases to settle employee withholding liability (46) (84)
Principal payments on financing obligations (241) 0
Proceeds from employee stock plans 142 123
Net cash provided by (used in) continuing financing activities (145) 39
Net cash used in discontinued financing activities 0 (59)
Net cash used in financing activities (145) (20)
Effect of exchange rate changes on cash (75) (90)
Net decrease in cash and cash equivalents (7,655) (17,377)
Cash and cash equivalents, beginning of period 11,684 37,725
Cash and cash equivalents, end of period 4,029 20,348
Supplemental disclosures of net cash received during the period for:    
Income taxes received (paid), net (102) 366
Accrued liabilities and other non-current liabilities related to leasehold improvements 689 0
Financing obligations related to prepaid expenses and other assets 201 0
Financing obligations related to property and equipment 838 0
Proceeds from sale of business held in escrow $ 0 $ 2,300