v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Dec. 26, 2015
Cash flows from operating activities      
Net income (loss) $ 10,663 $ 7,046 $ (34,995)
Income (loss) from discontinued operations, net of tax 0 7,761 (17,116)
Income (loss) from continuing operations 10,663 (715) (17,879)
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by (cash used) in operating activities:      
Stock-based compensation 9,693 6,470 4,926
Depreciation and amortization 2,240 3,722 5,218
Deferred taxes (2,983) 1,110 1,094
Foreign currency remeasurement (gain) loss (1,838) 1,261 1,275
Other non-operating expenses (income) 489 41 (98)
Changes in operating assets and liabilities, net of effects from acquisitions:      
Accounts receivable (2,349) 281 (604)
Unbilled accounts receivable 95 (1,947) (291)
Prepaid expenses and other current assets (647) (589) 2,076
Other non-current assets 95 (3) (22)
Accounts payable (638) (688) (588)
Accrued expenses and other current liabilities 3,031 938 1,864
Deferred revenue 2,531 2,581 2,280
Other non-current liabilities 1,751 228 909
Net cash provided by operating activities by continuing operations 22,133 12,690 160
Net cash provided by (used in) operating activities by discontinued operations 0 2,421 (5,124)
Net cash provided by (used in) operating activities 22,133 15,111 (4,964)
Cash flows from investing activities      
Purchases of property and equipment and software (792) (244) (4,396)
Payments for acquisitions, net of cash acquired 0 (420) 0
Cash withheld for purchase consideration 0 0 73
Proceeds from security deposit for sub-lease 0 84 0
Payments for security deposits (33) 0 0
Purchases of short-term investments (15,000) (15,000) 0
Sale of short-term investments 15,000 0 0
Net cash used in investing activities by continuing operations (825) (15,580) (4,323)
Net cash used in investing activities by discontinued operations 0 0 (2)
Net cash used in investing activities (825) (15,580) (4,325)
Cash flows from financing activities      
Proceeds from issuance of Series A Redeemable Convertible Preferred Stock, net of issuance costs of $2,124 0 44,226 0
Proceeds from the issuance of common stock 3,906 1,406 777
Payments of contingent consideration previously established in purchase accounting 0 0 (1,840)
Payment for repurchase of common stock 0 (30,524) 0
Net cash provided by (used in) financing activities by continuing operations 3,906 15,108 (1,063)
Net cash used in financing activities by discontinued operations 0 (14,510) 0
Net cash provided by (used in) financing activities by continuing operations 3,906 598 (1,063)
Effect of exchange rate changes on cash and cash equivalents 420 (275) (289)
Net increase (decrease) in cash and cash equivalents 25,634 (146) (10,641)
Cash and cash equivalents, beginning of the period 61,094 61,240 71,881
Cash and cash equivalents, end of the period 86,728 61,094 61,240
Cash paid for taxes      
Cash paid for taxes 101 177 171
Supplemental disclosure of non-cash investing and financing activities      
Unpaid purchases of property and equipment 22 8 43
Series A Redeemable Convertible Preferred Stock issuance costs accretion   2,124  
Fair value of common shares received from legal settlement (Note 3) 0 2,593 0
Series A Redeemable Convertible Preferred Stock      
Supplemental disclosure of non-cash investing and financing activities      
Series A Redeemable Convertible Preferred Stock dividend accretion 2,599 1,310 0
Series A Redeemable Convertible Preferred Stock issuance costs accretion $ 0 $ 2,124 $ 0