271Net (loss) income per share:Basic$
-Shares used in calculating net (loss) income per share:Basic54,18952,929Diluted54,18954,985 VOLCANO CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)(unaudited)Three Months Ended
March 31,20132012Operating activitiesNet (loss) income
271Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:Depreciation and amortization6,1235,791Amortization (accretion) of investment premium (discount), net631269Accretion of debt discount on convertible senior notes4,5721,212Accretion of contingent consideration936-Non-cash stock-based compensation expense3,5983,617Gain on other long-term investment(1,925)-Effect of exchange rate changes and others4,604306Changes in operating assets and liabilities(23,249)(961)Net cash (used in) provided by operating activities(7,871)10,505Investing activitiesPurchase of short-term and long-term available-for-sale investments(110,520)(110,762)Sale or maturity of short-term and long-term available-for-sale securities67,13767,577Capital expenditures(7,290)(14,437)Cash paid for other intangible assets and investments(870)(758)Proceeds from sale of long-term investments3,426-Net cash used in investing activities(48,117)(58,380)Financing activitiesRepayment of capital lease liability(11)(22)Proceeds from sale of common stock under employee stock purchase plan1,7121,899Proceeds from exercise of common stock options6912,988Net cash provided by financing activities
|SOURCE Volcano Corporation|
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