v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating activities:      
Net (loss) income $ (30,363)us-gaap_ProfitLoss $ 122us-gaap_ProfitLoss $ (2,210)us-gaap_ProfitLoss
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation of property, plant and equipment 1,949us-gaap_Depreciation 2,072us-gaap_Depreciation 2,290us-gaap_Depreciation
Amortization of land use right 36acts_AmortizationOfLandUseRight 36acts_AmortizationOfLandUseRight 36acts_AmortizationOfLandUseRight
Amortization of acquired intangible assets 4,991us-gaap_AmortizationOfIntangibleAssets 3,480us-gaap_AmortizationOfIntangibleAssets 3,056us-gaap_AmortizationOfIntangibleAssets
Allowance for doubtful accounts receivable 558us-gaap_ProvisionForDoubtfulAccounts      
Write down of inventories 6,160us-gaap_InventoryWriteDown 857us-gaap_InventoryWriteDown 180us-gaap_InventoryWriteDown
Utilization of subsidy from local authorities of Zhuhai, the People's Republic of China (the "PRC")    (1,068)us-gaap_OtherNoncashIncome (674)us-gaap_OtherNoncashIncome
Loss (gain) on disposal of property, plant and equipment (1)us-gaap_GainLossOnSaleOfPropertyPlantEquipment    5us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Loss on disposal of intangible assets 420us-gaap_GainLossOnDispositionOfIntangibleAssets      
Impairment loss recognized in respect of intangible assets 820us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill      
Fair value change in trading securities       (2)us-gaap_TradingSecuritiesRealizedGainLoss
Share-based compensation 45us-gaap_ShareBasedCompensation 492us-gaap_ShareBasedCompensation 1,465us-gaap_ShareBasedCompensation
Deferred tax (3,576)us-gaap_DeferredIncomeTaxExpenseBenefit 279us-gaap_DeferredIncomeTaxExpenseBenefit 454us-gaap_DeferredIncomeTaxExpenseBenefit
Proceeds from disposal of trading securities       459us-gaap_IncreaseDecreaseInTradingSecurities
Share of net (income) loss of equity method investees (566)acts_AdjustmentIncomeLossFromEquityMethodInvestments 264acts_AdjustmentIncomeLossFromEquityMethodInvestments (41)acts_AdjustmentIncomeLossFromEquityMethodInvestments
Dividend income from an other investment (423)us-gaap_InvestmentIncomeInterestAndDividend (493)us-gaap_InvestmentIncomeInterestAndDividend   
Impairment recognized in respect of other investments    681us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet 2,543us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
Changes in operating assets and liabilities:      
Accounts receivable 2,349us-gaap_IncreaseDecreaseInAccountsReceivable 195us-gaap_IncreaseDecreaseInAccountsReceivable (3,150)us-gaap_IncreaseDecreaseInAccountsReceivable
Amount due from a related party (349)us-gaap_IncreaseDecreaseInDueFromRelatedPartiesCurrent (961)us-gaap_IncreaseDecreaseInDueFromRelatedPartiesCurrent (331)us-gaap_IncreaseDecreaseInDueFromRelatedPartiesCurrent
Inventories (256)us-gaap_IncreaseDecreaseInInventories (8,678)us-gaap_IncreaseDecreaseInInventories (4,510)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets (750)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 922us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (2,549)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Amount due from an equity method investee (3)us-gaap_IncreaseDecreaseInDueFromRelatedParties 41us-gaap_IncreaseDecreaseInDueFromRelatedParties (14)us-gaap_IncreaseDecreaseInDueFromRelatedParties
Accounts payable (173)us-gaap_IncreaseDecreaseInAccountsPayable (2,198)us-gaap_IncreaseDecreaseInAccountsPayable 3,598us-gaap_IncreaseDecreaseInAccountsPayable
Amount due to a related party 259us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent      
Accrued expenses and other current liabilities (415)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities (3,717)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities (3,526)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
Income tax recoverable (122)us-gaap_IncreaseDecreaseInIncomeTaxesReceivable 123us-gaap_IncreaseDecreaseInIncomeTaxesReceivable (189)us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
Income tax payable 1us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 2us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (190)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Rental deposit received (paid) 5us-gaap_IncreaseDecreaseInDepositsOutstanding (11)us-gaap_IncreaseDecreaseInDepositsOutstanding 4us-gaap_IncreaseDecreaseInDepositsOutstanding
Note Receivables (161)us-gaap_IncreaseDecreaseInNotesReceivableCurrent      
Dividend received 425us-gaap_IncreaseDecreaseInDividendsReceivable      
Net cash used in operating activities (19,140)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (7,560)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (3,296)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Investing activities:      
Purchase of marketable securities (54,290)us-gaap_PaymentsToAcquireMarketableSecurities (113,329)us-gaap_PaymentsToAcquireMarketableSecurities (132,376)us-gaap_PaymentsToAcquireMarketableSecurities
Purchase of property, plant and equipment (1,156)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (706)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (249)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Investment in an equity method investee (9,016)us-gaap_PaymentsToAcquireEquityMethodInvestments (3,712)us-gaap_PaymentsToAcquireEquityMethodInvestments (1,500)us-gaap_PaymentsToAcquireEquityMethodInvestments
Deposit paid for acquisition of intangible assets (457)acts_DepositPaidForAcquisitionOfIntangibleAssets (145)acts_DepositPaidForAcquisitionOfIntangibleAssets   
Purchase of intangible assets (8,044)acts_PaymentsToAcquireIntangibleAndOtherAssets (4,134)acts_PaymentsToAcquireIntangibleAndOtherAssets (1,081)acts_PaymentsToAcquireIntangibleAndOtherAssets
Proceeds from disposal of property, plant and equipment 20us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 41us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 22us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
(Increase) decrease in time deposit 318acts_PaymentsForProceedsFromTimeDeposits (340)acts_PaymentsForProceedsFromTimeDeposits   
Increase in restricted deposits (24,974)us-gaap_IncreaseInRestrictedCash (16,819)us-gaap_IncreaseInRestrictedCash (10,000)us-gaap_IncreaseInRestrictedCash
Proceeds from the disposal of intangible assets 24us-gaap_ProceedsFromSaleOfIntangibleAssets      
Proceeds from redemption of marketable securities 159,296us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 112,966us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 178,975us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
Net cash provided by (used in) investing activities 61,721us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (26,178)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 33,791us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Financing activities:      
Proceeds from exercise of share-based awards 2,542us-gaap_ProceedsFromStockOptionsExercised 3,041us-gaap_ProceedsFromStockOptionsExercised 2,289us-gaap_ProceedsFromStockOptionsExercised
Advance subsidy from local authorities of Zhuhai, the PRC 232acts_ProceedsFromGovernmentGrant 714acts_ProceedsFromGovernmentGrant 299acts_ProceedsFromGovernmentGrant
Raise of short-term bank loans 31,500us-gaap_ProceedsFromBankDebt 15,000us-gaap_ProceedsFromBankDebt 8,500us-gaap_ProceedsFromBankDebt
Repayment of short-term bank loans (22,000)us-gaap_RepaymentsOfBankDebt      
Repurchase of ordinary shares (28,902)us-gaap_PaymentsForRepurchaseOfCommonStock (4,853)us-gaap_PaymentsForRepurchaseOfCommonStock (4,152)us-gaap_PaymentsForRepurchaseOfCommonStock
Net cash provided by (used in) financing activities (16,628)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 13,902us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 6,936us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase (decrease) in cash and cash equivalents 25,953us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (19,836)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 37,431us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at the beginning of the year 53,263us-gaap_CashAndCashEquivalentsAtCarryingValue 71,336us-gaap_CashAndCashEquivalentsAtCarryingValue 33,207us-gaap_CashAndCashEquivalentsAtCarryingValue
Effect of exchange rate changes on cash (1,039)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 1,763us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 698us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Cash and cash equivalents at the end of the year 78,177us-gaap_CashAndCashEquivalentsAtCarryingValue 53,263us-gaap_CashAndCashEquivalentsAtCarryingValue 71,336us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash paid during the period for:      
Interest (531)us-gaap_InterestPaid (498)us-gaap_InterestPaid (250)us-gaap_InterestPaid
Income taxes    (90)us-gaap_IncomeTaxesPaid (312)us-gaap_IncomeTaxesPaid
Non-cash investing activities      
Purchases of intangible assets (2,807)us-gaap_NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1 (1,112)us-gaap_NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1 (2,786)us-gaap_NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
Purchases of property, plant and equipment    $ (156)us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $ (898)us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1