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
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities    
Net income (loss) $ 3,914 $ (18,268)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 48,579 46,975
Stock-based compensation 13,814 10,851
Deferred income taxes (13,440) (9,393)
Change in fair value of earn-out obligations (6,867)   
Excess tax benefit from stock options (582) (986)
Other non-cash items 419 (122)
Change in cash attributable to changes in operating assets and liabilities, net of the impact of acquisitions:    
Accounts receivable, net (13,126) (19,099)
Inventories (29,696) (9,706)
Net investment in sales-type leases (1,744) (1,887)
Other receivables and prepaid expenses (6,335) 399
Other non-current assets (413) (110)
Accounts payable 3,234 (11,035)
Other current liabilities 8,152 923
Unearned revenues 6,956 5,816
Other non-current liabilities (3,247) 3,442
Net cash provided by (used in) operating activities 9,618 (2,200)
Cash flows from investing activities    
Change in short-term bank deposits, net 124,748 20,063
Purchase of property, plant and equipment (23,509) (9,909)
Cash paid for acqusitions (12,042)   
Acquisition of intangible assets (2,147) (611)
Proceeds from sales of marketable securities 1,634   
Proceeds from sale of property, plant and equipment 219   
Other investing activities (300) 38
Net cash provided by investing activities 88,603 9,581
Cash flows from financing activities    
Payment of earn-out obligations (10,795)   
Proceeds from exercise of stock options 2,387 5,988
Acquisition of non controlling interest (2,170)   
Excess tax benefit from stock options 582 986
Net cash (used in) provided by financing activities (9,996) 6,974
Effect of exchange rate changes on cash and cash equivalents 1 (120)
Net change in cash and cash equivalents 88,226 14,235
Cash and cash equivalents, beginning of period 414,088 133,826
Cash and cash equivalents, end of period 502,314 148,061
Supplemental disclosures of cash flow information:    
Transfer of fixed assets to inventory 148 83
Transfer of inventory to fixed assets $ 4,096 $ 3,068