Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.3.0.814
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net loss $ (150,252) $ (42,684)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Depreciation and amortization 15,194 11,224
Stock-based compensation 79,473 60,116
Amortization of premium on investments, net 1,712 2,106
Other operating activities 1,610 797
Changes in operating assets and liabilities    
Accounts receivable (45,796) (34,142)
Prepaid expenses and other assets (6,564) (4,003)
Accounts payable and accrued liabilities 31,101 5,807
Accrued royalties 89,423 5,416
Accrued compensation 4,333 12,579
Deferred revenue 7,689 (24,407)
Reimbursement of cost of leasehold improvements 1,014 3,161
Net cash provided by (used in) operating activities 28,937 (4,030)
Investing activities    
Purchases of property and equipment (27,333) (23,479)
Purchases of investments (138,721) (273,427)
Proceeds from maturities of investments 179,799 186,667
Proceeds from sale of investments 41,317 0
Payments related to acquisitions, net of cash acquired (23,028) 0
Net cash provided by (used in) investing activities 32,034 (110,239)
Financing activities    
Proceeds from employee stock purchase plan 5,089 4,388
Proceeds from exercise of stock options 3,718 15,168
Tax payments from net share settlements of restricted stock units (2,295) (1,986)
Net cash provided by financing activities 6,512 17,570
Effect of exchange rate changes on cash and cash equivalents (459) (172)
Net increase (decrease) in cash and cash equivalents 67,024 (96,871)
Cash and cash equivalents at beginning of period 175,957 245,755
Cash and cash equivalents at end of period 242,981 148,884
Supplemental disclosures of cash flow information    
Cash paid during the period for interest 1,328 314
Purchases of property and equipment recorded in accounts payable and accrued liabilities $ 343 $ 2,550