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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net loss $ (115,314) $ (119,499)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 2,477 2,079
Change in valuation of warrant liability 44 (152)
Non-cash interest expense 4,487 736
Amortization of premiums on investments 1,610 1,319
Amortization of debt issuance costs 224 37
Share-based compensation expense 26,610 26,130
Benefit for deferred income taxes (222) 0
Unrealized foreign currency transaction losses, net 1,401 0
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 1,095 (748)
Trade receivables, net (16,035) (3,582)
Deposits and other assets (154) 183
Accounts payable and accrued expenses 2,080 2,871
Other long-term liabilities 682 (69)
Deferred revenue 768 (3,310)
Net cash used in operating activities (90,247) (94,005)
Cash flows from investing activities    
Purchases of fixed assets (540) (1,764)
Purchases of marketable securities (73,692) (134,299)
Sale and redemption of marketable securities 155,582 167,082
Net cash provided by investing activities 81,350 31,019
Cash flows from financing activities    
Proceeds from exercise of options 926 8,689
Debt issuance costs related to convertible notes 0 (4,650)
Proceeds from issuance of convertible notes 0 150,000
Net cash provided by financing activities 926 154,039
Effect of exchange rate changes on cash 235 (89)
Net (decrease) increase in cash and cash equivalents (7,736) 90,964
Cash and cash equivalents, beginning of period 58,022 49,748
Cash and cash equivalents, end of period 50,286 140,712
Supplemental disclosure of cash information    
Cash paid for interest 4,513 0
Cash paid for income taxes 633 0
Supplemental disclosures of non-cash information related to investing and financing activities    
Change in unrealized gain (loss) on marketable securities, net of tax $ 429 $ (582)