v3.19.1
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities:    
Net loss $ (30,001) $ (3,148)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Provision for losses on accounts receivable 600 918
Depreciation and amortization 7,711 7,915
Loss on disposal of property and equipment 179 52
Warranty reserve 354 (1,125)
Share-based compensation 2,554 2,362
Impairment Charge on Reclassified Assets 24,571 0
Changes in operating assets and liabilities:    
Accounts receivable 15,555 (2,242)
Inventories (4,616) 2,885
Prepaid expenses and other assets (7,703) (5,390)
Accounts payable (3,436) (622)
Accrued liabilities (1,319) 3,319
Deferred revenue 1,982 1,314
Deferred income tax 62 87
Net cash provided by operating activities 6,493 6,325
Investing activities:    
Purchase of property and equipment (2,461) (2,473)
Net cash used in investing activities (2,461) (2,473)
Financing activities:    
Proceeds from stock option exercises and Employee Stock Purchase Program purchases 268 577
Repurchase of common stock 0 (4,736)
Taxes paid related to net share settlement of equity awards (1,567) (19)
Principal payments of financing lease liability (165) 0
Payment of contingent consideration related to a business combination 0 (147)
Payments on borrowings (5,000) (25,000)
Net cash used in financing activities (6,464) (29,325)
Exchange rate changes effect on cash and cash equivalents (518) 994
Net decrease in cash and cash equivalents (2,950) (24,479)
Cash and cash equivalents, beginning of period 56,373 88,950
Cash and cash equivalents, end of period 53,423 64,471
Supplemental disclosure of cash flow information:    
Cash paid for interest 1,347 1,482
Cash paid for income taxes 1,224 1,657
Non-cash investing activities:    
Property and equipment included in accounts payable 141 349
Inventory transferred to property and equipment $ 143 $ 161

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