|
Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Operating activities |
|
|
|
|
|
| Net gain (loss) |
$ 1,012 |
[1] |
$ (107,406) |
[2] |
$ (117,029) |
| Adjustments to reconcile net earnings (loss) to net cash used in operating activities: |
|
|
|
|
|
| Revenue Recognition, Multiple-deliverable Arrangements, Determination of Selling Price, Amount |
(21,000) |
|
0 |
|
0 |
| Gain on sale of discontinued operations |
24,291 |
|
0 |
|
0 |
| (Earnings) loss from discontinued operations, net of tax |
583 |
|
(2,161) |
|
(262) |
| Depreciation and amortization |
12,232 |
|
14,174 |
|
10,469 |
| Share-based compensation |
11,519 |
|
9,527 |
|
10,790 |
| Noncash restructuring costs |
1,907 |
|
2,358 |
|
0 |
| Other non cash items |
387 |
|
1,111 |
|
2,241 |
| Changes in operating assets and liabilities: |
|
|
|
|
|
| Accounts receivable |
(6,579) |
|
(1,747) |
|
(805) |
| Inventories |
5,082 |
|
(6,636) |
|
(1,925) |
| Prepaid expenses and other assets |
(1,675) |
|
(151) |
|
1,292 |
| Accounts payable and accrued expenses |
(5,681) |
|
2,099 |
|
12,399 |
| Other liabilities |
(1,582) |
|
737 |
|
29 |
| Net cash used in operating activities |
(28,086) |
|
(88,095) |
|
(82,801) |
| Investing activities: |
|
|
|
|
|
| Purchases of property, equipment and leasehold improvements |
(2,236) |
|
(12,071) |
|
(12,918) |
| Purchases of marketable securities |
(45,128) |
|
(52,826) |
|
(57,739) |
| Maturities of marketable securities |
24,203 |
|
95,393 |
|
60,928 |
| Payment for the purchase of intangible assets |
(9,250) |
|
0 |
|
0 |
| Net cash received from sale of segment |
29,291 |
|
0 |
|
0 |
| Proceeds from pooled patents agreement |
42,150 |
|
0 |
|
0 |
| Distribution from pooled patents agreement |
(6,150) |
|
0 |
|
0 |
| Net cash paid for other assets |
0 |
|
(483) |
|
(1,891) |
| Net cash provided by (used in) investing activities |
32,880 |
|
30,013 |
|
(11,620) |
| Financing activities: |
|
|
|
|
|
| Payments on long-term obligations |
(7,541) |
|
(7,574) |
|
(2,631) |
| Borrowings on term loan and capital lease obligations |
0 |
|
0 |
|
5,390 |
| Proceeds from issuance of convertible debt, net of issuance costs |
0 |
|
0 |
|
124,728 |
| Proceeds from stock offering, net of issuance costs |
0 |
|
0 |
|
58,161 |
| Proceeds from common stock issued under employee stock plans |
1,833 |
|
1,473 |
|
1,123 |
| Repurchase of common stock in satisfaction of tax withholding obligations in connection with the vesting of restricted stock units |
(708) |
|
|
|
|
| Net cash provided by (used in) financing activities |
(5,708) |
|
(6,101) |
|
186,771 |
| Discontinued operations: |
|
|
|
|
|
| Net cash provided by operating activities of discontinued operations |
2,816 |
|
2,456 |
|
4,785 |
| Net cash used in investing activities of discontinued operations |
(164) |
|
(643) |
|
(2,310) |
| Net cash provided by discontinued operations |
2,652 |
|
1,813 |
|
2,475 |
| Effect of exchange rate changes on cash and cash equivalents |
(18) |
|
157 |
|
51 |
| Net increase (decrease) in cash and cash equivalents |
1,720 |
|
(62,213) |
|
94,876 |
| Cash and cash equivalents at beginning of year |
61,589 |
|
123,802 |
|
28,926 |
| Cash and cash equivalents at end of year |
63,309 |
|
61,589 |
|
123,802 |
| Supplemental disclosure of cash flow information: |
|
|
|
|
|
| Cash paid for interest |
7,129 |
|
7,386 |
|
724 |
| Supplemental non-cash items: |
|
|
|
|
|
| Plant and equipment acquired with financing and capital lease obligations |
$ 0 |
|
$ 0 |
|
$ 2,250 |
|
|
|