Rendering

Component: (Network and Table)
Network
2301302 - Disclosure - Organization and Summary of Significant Accounting Policies (Tables)
(http://www.cepheid.com/role/OrganizationAndSummaryOfSignificantAccountingPoliciesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001037760 (http://www.sec.gov/CIK)
Accounting Policies [Abstract]Period [Axis]
2015-01-01 - 2015-12-31
Accounting Policies [Abstract]
 
Supplemental cash flow information
Supplemental cash flow information
 
Years Ended December 31,
 
2015
 
2014
 
2013
 
(In thousands)
Supplemental Cash Flow Information
 
 
 
 
 
Cash paid for interest
$
4,383

 
$
2,145

 
$
109

Cash paid for taxes
$
2,086

 
$
572

 
$
632

Property, equipment and intangible assets acquired but not yet paid at end of period
$
7,551

 
$
8,506

 
$
674

  
Components of inventories
The components of inventories were as follows (in thousands):
 
December 31
 
2015
 
2014
Raw Materials
$
39,267

 
$
36,287

Work in Process
62,153

 
51,691

Finished Goods
47,270

 
44,657

Inventory
$
148,690

 
$
132,635

  
Schedule of property and equipment
Property and equipment consisted of the following (in thousands): 
 
December 31
 
2015
 
2014
Land
$
21

 
$
21

Building
3,737

 
3,364

Scientific equipment
60,403

 
52,619

Manufacturing equipment
69,155

 
56,426

Computers and software
33,291

 
24,402

Office furniture
11,993

 
9,929

Leasehold improvements
72,670

 
66,842

 
$
251,270

 
$
213,603

Less accumulated depreciation and amortization
(123,631
)
 
(97,838
)
 
$
127,639

 
$
115,765

  
Activities in warranty provision
The activities in the warranty provision consisted of the following (in thousands): 
 
2015
 
2014
 
2013
Balance at beginning of year
$
3,784

 
$
3,326

 
$
1,953

Settlements/Adjustments
(2,821
)
 
(1,310
)
 
(783
)
Provisions
843

 
1,768

 
2,156

Balance at end of year
$
1,806

 
$
3,784

 
$
3,326

  
Schedule of accrued and other liabilities
Accrued and other liabilities consisted of the following (in thousands):
 
December 31
 
2015
 
2014
Accrued expense for estimated legal contingency
$
20,000

 
$
20,000

Derivative liabilities
1,298

 
3,812

Accrued warranty reserve
1,806

 
3,784

Accrued payment related to asset acquisition
—

 
3,000

Income tax payable
391

 
1,028

Other
3,956

 
3,137

Accrued and other liabilities
$
27,451

 
$
34,761

  
Schedule of other liabilities
Other liabilities consisted of the following (in thousands):
 
December 31
 
2015
 
2014
Deferred tax liabilities ¹
$
1,152

 
$
6,261

Deferred rent
8,165

 
7,721

Non-current income tax payable
1,801

 
2,150

Other
4,661

 
2,636

Other liabilities
$
15,779

 
$
18,768


¹
The Company early adopted ASU 2015-17 on a prospective basis, which resulted in the reclassification of
approximately $5.4 million from current deferred tax assets to non-current deferred tax liabilities as of December 31, 2015.
  
Summary of computation of basic and diluted loss per share
The following summarizes the computation of basic and diluted loss per share (in thousands, except for per share amounts): 
 
Years ended December 31,
 
2015
 
2014
 
2013
Basic:
 
 
 
 
 
Net loss
$
(48,530
)
 
$
(50,149
)
 
$
(17,965
)
Basic weighted shares outstanding
71,928

 
70,069

 
67,485

Net loss per share
$
(0.67
)
 
$
(0.72
)
 
$
(0.27
)
Diluted:
 
 
 
 
 
Net loss
$
(48,530
)
 
$
(50,149
)
 
$
(17,965
)
Basic weighted shares outstanding
71,928

 
70,069

 
67,485

Effect of dilutive securities:
 
 
 
 
 
Stock options, ESPP, restricted stock units, restricted stock awards and convertible senior notes
—

 
—

 
—

Diluted weighted shares outstanding
71,928

 
70,069

 
67,485

Net loss per share
$
(0.67
)
 
$
(0.72
)
 
$
(0.27
)