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

Consolidated Statements of Cash Flows

v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities    
Net income (loss) $ 4,087 $ (15,483)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 23,367 29,328
Stock-based compensation 6,736 5,490
Deferred income taxes (5,871) (3,875)
Excess tax benefit from stock options (238) (986)
Change in fair value of earn-out obligations (7,495)   
Other non-cash items 22 (79)
Net change in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net (10,417) (9,723)
Inventories (13,216) (7,146)
Net investment in sales-type leases (891) (67)
Prepaid expenses (1,100) 1,176
Other non-current assets (379) (543)
Accounts payable and other current liabilities 10,121 (13,768)
Unearned revenues 3,048 2,996
Other non-current liabilities (2,914) 428
Net cash provided by (used in) operating activities 4,860 (12,252)
Cash flows from investing activities    
Change in short-term bank deposits, net    (55,307)
Purchase of property and equipment (10,872) (5,046)
Acquisition of intangible and other assets (1,706) (252)
Proceeds from the sale of investment 1,634   
Other investing activities 41 12
Net cash provided by (used in) investing activities (10,903) (60,593)
Cash flows from financing activities    
Acquisition of non controlling interest (2,171)   
Proceeds from exercise of stock options 1,040 3,607
Excess tax benefit of options exercised 238 986
Net cash (used in) provided by financing activities (893) 4,593
Effect of exchange rate changes on cash and cash equivalents 16 (69)
Net change in cash and cash equivalents (6,920) (68,321)
Cash and cash equivalents, beginning of period 414,088 133,826
Cash and cash equivalents, end of period 407,168 65,505
Supplemental disclosures of cash flow information:    
Transfer of fixed assets to inventory 60 83
Transfer of inventory to fixed assets $ 1,643 $ 589