Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Consolidated Statements of Cash Flows (Unaudited)

v3.21.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net loss $ (39,070) $ (49,739)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 27,695 25,104
Stock-based compensation 15,182 11,018
Foreign currency transaction loss 3,311 1,006
Deferred income taxes (7,524) (26)
Share in losses of associated companies 2,549 1,788
Revaluation of investments (1,469)
Other non-cash items, net 1,152 385
Change in cash attributable to changes in operating assets and liabilities:    
Accounts receivable, net (4,272) 29,858
Inventories 5,772 2,382
Other current assets and prepaid expenses (5,066) 6,191
Other non-current assets 2,561 3,046
Accounts payable 24,019 (8,684)
Other current liabilities 4,804 (7,992)
Deferred revenues 514 (6,092)
Other non-current liabilities (1,772) (6,723)
Net cash provided by operating activities 28,386 1,522
Cash flows from investing activities    
Cash paid for acquisitions, net of cash acquired (6,669)
Purchase of property and equipment (11,358) (13,030)
Investments in unconsolidated entities (7,000)
Investments in short-term bank deposits (179,000)
Proceeds from maturity of short-term bank deposits 27,000
Proceeds from sale of equity method investment 3,175
Net proceeds from divestitures of subsidiaries and associated companies 1,000
Purchase of intangible assets (564) (726)
Other investing activities (85) 144
Net cash used in investing activities (177,676) (9,437)
Cash flows from financing activities    
Proceeds from public offering, net of issuance costs 218,875
Proceeds from exercise of stock options 3,516 53
Other financing activities 405
Net cash provided by financing activities 222,796 53
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,869) (880)
Net change in cash, cash equivalents and restricted cash 71,637 (8,742)
Cash, cash equivalents and restricted cash, beginning of period 272,216 293,597
Cash, cash equivalents and restricted cash, end of period 343,853 284,855
Supplemental disclosures of cash flow information:    
Transfer of inventory to fixed assets 2,024 1,327
Transfer of fixed assets to inventory $ 252 $ 21