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For the Years Ended December 31,
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Cash flows from operating activities:
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Adjustments to reconcile net income to net cash provided by operating activities:
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Depreciation and amortization
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Non-cash
interest expense
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Stock-based compensation expense
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Loss on extinguishment of debt
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Changes in operating assets and liabilities, excluding impact of acquisitions:
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Royalties and other receivables
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Prepaid expenses and other assets
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Operating lease right of use assets
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Operating lease liability
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Total cash provided by operating activities
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Cash flows from investing activities:
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Purchases of marketable securities
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Redemption of marketable securities
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Additions to capitalized software costs
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Developed technology intangible asset payment
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Acquisition of Spectrum Lifesciences, Inc., net of cash acquired
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Acquisition of C Technologies, Inc. net of cash acquired
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Purchases of property, plant and equipment
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Total cash used in investing activities
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Cash flows from financing activities:
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Proceeds from issuance of senior convertible notes, net of issuance costs
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Proceeds from issuance of common stock, net of issuance costs
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Exercise of stock options
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Repayment of senior convertible notes
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Payment of tax withholding obligation on vesting of restricted stock
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Total cash provided by financing activities
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Effect of exchange rate changes on cash, cash equivalents and restricted cash
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Net increase in cash, cash equivalents and restricted cash
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Cash, cash equivalents and restricted cash, beginning of period
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Cash, cash equivalents and restricted cash, end of period
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Supplemental disclosure of cash flow information:
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Supplemental disclosure of
non-cash
investing and financing activities:
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Assets ac
quired under operating leases
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8,663
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shares of common stock issued for conversion of convertible notes
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Fair value of common stock issued for acquisition of C Technologies, Inc.
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Non-cash
effect of adoption of ASU
2016-16
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Property, plant and equipment related to lease incentives
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Fair value of common stock issued for acquisition of Spectrum, Inc.
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Payment of contingent consideration in common stock
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Fair value of tangible assets acquired
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Fair value of accounts receivable
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Fair value of other assets
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)
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Fair value of stock issued
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Cost in excess of fair value of assets acquired (Goodwill)
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Acquired identifiable intangible assets
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Deferred tax liabilities, net
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Less working capital adjustment
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Net cash paid for business acquisitions
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