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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Net income $ 158,294 $ 127,101
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 71,665 63,122
Deferred income tax provision (14,024) (13,482)
Impairment, closure costs, and asset disposals 4,265 4,937
Provision for credit losses (918) (275)
Stock-based compensation expense 23,590 55,390
Other (998) 2,180
Changes in operating assets and liabilities:    
Accounts receivable 10,394 32,175
Inventory 2,970 2,148
Prepaid expenses and other current assets 5,920 (8,756)
Operating lease assets 55,125 49,269
Other assets (1,132) (186)
Accounts payable 15,702 19,446
Accrued payroll and benefits 10,438 18,188
Accrued liabilities (31,151) (17,869)
Unearned revenue (21,604) (15,606)
Income tax payable/receivable 43,367 38,640
Operating lease liabilities (49,596) (50,902)
Other long-term liabilities 595 453
Net cash provided by operating activities 282,902 305,973
Investing activities    
Purchases of leasehold improvements, property and equipment (96,162) (86,619)
Purchases of investments (118,827) (90,477)
Maturities of investments 81,923 60,593
Net cash used in investing activities (133,066) (116,503)
Financing activities    
Acquisition of treasury stock (263,308) (57,229)
Tax withholding on stock-based compensation awards (85,811) (44,810)
Other financing activities (359) (221)
Net cash used in financing activities (349,478) (102,260)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 147 (407)
Net change in cash, cash equivalents, and restricted cash (199,495) 86,803
Cash, cash equivalents, and restricted cash at beginning of period 846,230 635,836
Cash, cash equivalents, and restricted cash at end of period 646,735 722,639
Supplemental disclosures of cash flow information    
Income taxes paid 2,291 6,909
Purchases of leasehold improvements, property, and equipment accrued in accounts payable and accrued liabilities 52,802 54,868
Acquisition of treasury stock accrued in accounts payable and accrued liabilities $ 4,497 $ 3,997