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

Consolidated Statements of Cash Flows

v3.7.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities    
Net loss $ (13,987) $ (23,171)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 16,566 23,496
Stock-based compensation 3,904 5,623
Foreign currency translation loss (2,744) (4,189)
Deferred income taxes (791) (889)
Change in fair value of obligations in connection with acquisitions 696 727
Other items 1,265 614
Change in cash attributable to changes in operating assets and liabilities:    
Accounts receivable, net 6,145 15,558
Inventories 1,028 363
Net investment in sales-type leases 3,344 (1,913)
Other current assets and prepaid expenses (597) 2,089
Other non-current assets 275 287
Accounts payable 3,845 (951)
Other current liabilities 4,043 11,663
Deferred revenues 333 (79)
Other non-current liabilities 2,035 2,356
Net cash provided by operating activities 25,360 31,584
Cash flows from investing activities    
Purchase of property and equipment (6,315) (7,585)
Investment in unconsolidated entities (2,548) (4,000)
Purchase of intangible assets (515) (245)
Proceeds from maturities of short-term bank deposits 1,558
Investment in short-term bank deposits 67,264
Other investing activities (80) (70)
Net cash used in investing activities (9,458) (77,606)
Cash flows from financing activities    
Repayment of current portion of long-term debt (929)
Proceeds from exercise of stock options 528 122
Net cash provided by (used in) financing activities (401) 122
Effect of exchange rate changes on cash and cash equivalents 1,417 1,484
Net change in cash and cash equivalents 16,918 (44,416)
Cash and cash equivalents, beginning of period 280,328 257,592
Cash and cash equivalents, end of period 297,246 213,176
Supplemental disclosures of cash flow information:    
Transfer of fixed assets to inventory 129 503
Transfer of inventory to fixed assets $ 1,357 $ 939