v3.20.2
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities:    
Net loss $ (21,816) $ (18,682)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Provision for losses on accounts receivable 1,158 3,934
Impairment of intangible assets 6,678 0
Impairment of intangible assets 1,861 0
Depreciation and amortization 20,989 22,946
Loss on disposal of property and equipment 149 482
Warranty reserve 1,129 2,588
Share-based compensation 7,059 6,377
Impairment charge for sale of entity 0 24,571
Changes in operating assets and liabilities:    
Accounts receivable 30,367 14,850
Inventories (6,417) (2,074)
Prepaid expenses and other assets (11,078) (9,527)
Accounts payable (19) 2,076
Accrued liabilities (13,844) 1,073
Deferred revenue (941) 2,371
Deferred income tax 1,826 (3,072)
Net cash provided by operating activities 17,101 47,913
Investing activities:    
Purchase of property and equipment (7,617) (3,872)
Purchase of intangible assets 0 (13)
Net cash used in investing activities (7,617) (3,885)
Financing activities:    
Proceeds from stock option exercises and Employee Stock Purchase Program purchases 658 2,193
Repurchase of common stock (10,495) 0
Taxes paid related to net share settlement of equity awards (1,936) (1,596)
Principal payments of financing lease liability (415) (404)
Proceeds from borrowings 60,000 0
Deferred debt issuance costs (1,175) 0
Payments on borrowings (48,000) (35,000)
Net cash used in financing activities (1,363) (34,807)
Exchange rate changes effect on cash and cash equivalents 3,118 (2,532)
Net increase in cash and cash equivalents 11,239 6,689
Cash and cash equivalents, beginning of period 63,297 56,373
Cash and cash equivalents, end of period 74,536 63,062
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,605 3,727
Cash paid for income taxes 6,489 4,169
Non-cash investing activities:    
Property and equipment included in accounts payable (59) 15
Inventory transferred to property and equipment 899 205
Transfer of leased assets to sales-type leases $ 4,063 $ 0

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