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
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net loss $ (57,146) $ (454,805)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Goodwill impairment 386,154
Impairment of other long-lived assets 1,944 5,557
Depreciation and amortization 41,412 37,428
Stock-based compensation 23,140 15,894
Foreign currency transaction loss 4,210 (2,565)
Deferred income taxes (9,054) (1,541)
Share in loss (profit) of associated companies (1,173) 2,740
Revaluation of investments 556
Other non-cash items, net 364 37
Change in cash attributable to changes in operating assets and liabilities:    
Accounts receivable, net (17,023) 29,563
Inventories 8,271 15,167
Other current assets and prepaid expenses (11,911) 5,805
Other non-current assets 3,834 2,681
Accounts payable 29,204 (17,579)
Other current liabilities 14,047 (8,430)
Deferred revenues 3,470 (8,070)
Other non-current liabilities (2,749) (3,932)
Net cash provided by operating activities 31,396 4,104
Cash flows from investing activities    
Cash paid for acquisitions, net of cash acquired (6,669)
Purchase of property and equipment (16,193) (19,912)
Investments in short-term bank deposits (249,000) (27,000)
Investments in unconsolidated entities (7,000)
Proceeds from maturity of short-term bank deposits 89,000
Proceeds from sale of equity method investment 3,175
Net proceeds from divestitures of subsidiaries and associated companies 1,000
Purchase of intangible assets (1,219) (1,598)
Other investing activities (85) 89
Net cash used in investing activities (191,166) (44,246)
Cash flows from financing activities    
Proceeds from public offering, net of issuance costs 218,850
Proceeds from exercise of stock options 3,699 53
Other financing activities 406
Net cash provided by financing activities 222,955 53
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2,413) (484)
Net change in cash, cash equivalents and restricted cash 60,772 (40,573)
Cash, cash equivalents and restricted cash, beginning of period 272,216 293,597
Cash, cash equivalents and restricted cash, end of period 332,988 253,024
Supplemental disclosures of cash flow information:    
Transfer of inventory to fixed assets 2,760 2,445
Transfer of fixed assets to inventory $ 844 $ 281