XML 22 R7.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities    
Net income (loss) $ 19.9 $ (26.9)
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 13.0 9.9
Share-based compensation 23.9 25.0
Non-cash interest expense 12.7 12.2
Realized loss on equity investment 0.0 4.2
Other non-cash income and expenses 0.1 0.3
Changes in operating assets and liabilities:    
Accounts receivable, net (14.7) 21.5
Inventory (22.2) (30.4)
Prepaid and other assets (7.6) (5.2)
Operating lease right-of-use assets and liabilities, net (0.4) (0.2)
Accounts payable and accrued liabilities 5.3 25.5
Accrued payroll and related expenses (29.1) (21.1)
Deferred revenue and other liabilities 1.0 (3.0)
Net cash provided by operating activities 1.9 11.8
Cash flows from investing activities:    
Purchases of marketable securities (365.8) (50.7)
Proceeds from sale and maturity of marketable securities 530.0 222.5
Purchases of other equity investments 0.0 (1.2)
Purchases of property and equipment (33.2) (39.3)
Other investing activities (0.4) 0.0
Net cash provided by investing activities 130.6 131.3
Cash flows from financing activities:    
Net proceeds from issuance of common stock 6.7 5.0
Other financing activities (0.2) (0.1)
Net cash provided by financing activities 6.5 4.9
Effect of exchange rate changes on cash, cash equivalents and restricted cash (0.5) 0.6
Increase in cash, cash equivalents and restricted cash 138.5 148.6
Cash, cash equivalents and restricted cash, beginning of period 446.4 1,137.1
Cash, cash equivalents and restricted cash, end of period 584.9 1,285.7
Reconciliation of cash, cash equivalents and restricted cash, end of period:    
Total cash, cash equivalents and restricted cash 584.9 1,285.7
Supplemental disclosure of non-cash investing and financing transactions:    
Acquisition of property and equipment included in accounts payable and accrued liabilities 19.6 10.1
Right-of-use assets obtained in exchange for lease liabilities $ 5.3 $ 45.2