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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (342,139) $ (221,627)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 71,393 68,103
Non-cash reduction to the right-of-use asset 8,574 12,415
Net amortization of investment premium and discount 3,515 10,712
Impairment of long-lived assets due to office closures 21,784 0
Stock-based compensation including restructuring 170,799 155,275
Amortization of deferred commissions 17,865 12,626
Value of shares of Class A common stock issued and donated to charity 1,599 4,232
Share of losses from equity method investment 30,419 0
Impairment of strategic investments 46,154 0
Other adjustments 15,367 1,418
Changes in operating assets and liabilities:    
Accounts receivable (35,215) (19,623)
Prepaid expenses and other current assets (51,438) (14,176)
Other long-term assets (21,481) (27,399)
Accounts payable 66 1,247
Accrued expenses and other current liabilities (19,130) 18,148
Deferred revenue and customer deposits (2,611) (1,453)
Operating lease liabilities (13,651) (13,058)
Other long-term liabilities 264 (4,415)
Net cash used in operating activities (97,866) (17,575)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions, net of cash acquired and other related payments 0 (27,682)
Purchases of marketable securities and other investments (136,119) (246,874)
Proceeds from sales and maturities of marketable securities 355,195 442,753
Capitalized software development costs (9,860) (10,250)
Purchases of long-lived and intangible assets (6,751) (6,980)
Net cash provided by investing activities 202,465 150,967
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of costs related to public offerings 0 (35)
Principal payments on debt and finance leases (7,353) (6,520)
Value of equity awards withheld for tax liabilities (2,456) (1,065)
Repurchases of shares of Class A common stock and related costs (114,993) 0
Proceeds from exercises of stock options 3,264 11,727
Net cash (used in) provided by financing activities (121,538) 4,107
Effect of exchange rate changes on cash, cash equivalents and restricted cash 39 27
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (16,900) 137,526
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period 656,078 1,481,831
CASH, CASH EQUIVALENTS AND RESTRICTED CASH —End of period 639,178 1,619,357
Cash paid for income taxes, net 3,479 1,443
Cash paid for interest 18,750 19,011
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO THE CONDENSED CONSOLIDATED BALANCE SHEETS    
Cash and cash equivalents 634,824 1,617,022
Restricted cash in other current assets 3,916 1,970
Restricted cash in other long-term assets 438 365
Total cash, cash equivalents and restricted cash $ 639,178 $ 1,619,357