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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 145.5 $ 317.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 66.0 59.3
Stock-based compensation expense 42.4 49.3
Non-cash interest expense 5.4 5.4
Loss on extinguishment of debt 123.9 0.0
Gain on derivative asset (12.5) 0.0
Deferred income taxes 42.7 (140.8)
Provisions for credit losses 5.2 0.7
Unrealized loss on investments 0.0 3.9
Other 5.0 4.9
Changes in operating assets and liabilities:    
Inventories (4.7) (38.6)
Prepaid expenses and other assets (55.5) (16.8)
Accounts payable 25.6 20.0
Net cash provided by operating activities 386.0 282.7
Cash flows from investing activities    
Capital expenditures (56.5) (71.3)
Investments in developed software (13.5) (6.7)
Cash paid for investments 0.0 (0.2)
Net cash used in investing activities (69.9) (78.2)
Cash flows from financing activities    
Proceeds from issuance of senior unsecured notes, net of issuance costs 440.7 0.0
Repayment of convertible debt (1,052.2) 0.0
Settlement of capped call options 164.6 0.0
Proceeds from issuance of term loan B, net of issuance costs 15.5 130.0
Repayment of term loan B (19.3) (136.0)
Repayment of equipment financings (12.2) (15.6)
Financing lease repayments 0.0 (6.0)
Repayment of mortgage (1.9) (1.8)
Proceeds from secured borrowing (note 3) 49.4 32.6
Repayment of secured borrowing (note 3) (46.8) (17.2)
Repurchase of common stock (59.6) 0.0
Proceeds from exercise of stock options 17.2 7.7
Proceeds from issuance of common stock under employee stock purchase plan 7.1 6.0
Payment of withholding taxes in connection with vesting of restricted stock units (25.1) (7.0)
Net cash used in financing activities (522.8) (7.2)
Effect of exchange rate changes on cash and cash equivalents 10.8 1.3
Net (decrease) increase in cash and cash equivalents (195.9) 198.5
Cash and cash equivalents at beginning of period 953.4 704.2
Cash and cash equivalents at end of period 757.4 902.6
Supplemental noncash information:    
Purchases of property and equipment included in accounts payable and accrued expenses 3.1 7.7
Purchases of property, plant and equipment included in long-term debt 3.5 3.5
Additions to right-of-use assets resulting from new operating lease liabilities 8.8 0.3
Nonrelated Party    
Changes in operating assets and liabilities:    
Accounts receivable (43.4) (20.5)
Accrued expenses and other liabilities 83.2 31.8
Related Party    
Changes in operating assets and liabilities:    
Accounts receivable (42.7) 5.6
Accrued expenses and other liabilities $ (0.1) $ 0.8