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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities:    
Net income (loss) $ (5,023) $ 18,954
Loss from discontinued operations, net (4,668) (3,559)
Net income (loss) from continuing operations (355) 22,513
Adjustments required to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,647 4,432
Impairment of intangible assets 4,167
Stock-based compensation expense 3,528 3,033
Issuance of ordinary shares related to employees' retention 63
Foreign currency translation 926
Accrued interest, net 137 (71)
Deferred taxes, net (4,972) 941
Change in payment obligation related to acquisition 1,207 (5,577)
Fair value revaluation - convertible debt 1,120 1,780
Net changes in operating assets and liabilities:    
Accounts receivable, net 11,470 12,148
Prepaid expenses and other (9,907) (2,204)
Accounts payable (570) (5,199)
Accrued expenses and other liabilities (2,566) (13,134)
Deferred revenues (1,576) 206
Net cash provided by continuing operating activities 12,089 23,098
Net cash used in discontinued operating activities (4,232) (3,134)
Net cash provided by operating activities 7,857 19,964
Investing activities:    
Purchases of property and equipment (904) (1,387)
Capitalization of development costs (2,596) (1,228)
Charge in restricted cash, net 50
Short-term deposits, net 30,067 (40,656)
Cash paid for acquisition, net of cash acquired (4,533)
Net cash provided by (used in) investing activities 26,567 (47,754)
Financing activities:    
Exercise of stock options and restricted share units 1 14
Payments made in connection with acquisition (6,125)
Proceed from short-term loans 10,000
Repayment of convertible debt (7,620)
Repayment of short-term loans (13,000)
Repayment of long-term loans (3,565) (1,150)
Net cash used in financing activities (20,309) (1,136)
Effect of exchange rate changes on cash and cash equivalents 31 (15)
Net increase (decrease) in cash and cash equivalents 18,378 (25,807)
Cash and cash equivalents at beginning of period 17,519 101,183
Cash and cash equivalents at end of period 31,665 72,242
Supplemental Disclosure of Cash Flow Activities:    
Non-cash financing activity of issuance of shares in connection with acquisitions 675 4,558
Cash paid during the period for purchase of property and equipment on credit $ 58 $ 9