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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 219,127 $ 184,694
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and impairment 50,125 48,397
Deferred income taxes 23,339 7,056
Stock-based compensation expense 55,037 57,856
Deferred compensation plan 12,371 13,665
Amortization of deferred debt issuance costs 5,682 5,554
Change in fair value of derivative 9,293 5,570
Foreign currency remeasurement loss (gain) 1,194 (126)
Other (1,154) (1,733)
Changes in assets and liabilities, net of effect from acquisitions:    
Accounts receivable 40,813 34,588
Prepaid and other assets 2,128 (9,952)
Accounts payable, accruals, and other liabilities (36,984) (20,984)
Cloud Services Subscription deposits 42,359 57,340
Deferred revenues (24,369) (31,512)
Income taxes payable, net of prepaid income taxes (2,085) 3,247
Net cash provided by operating activities 396,876 353,660
Cash flows from investing activities:    
Purchases of property and equipment and investment in capitalized software (12,836) (8,499)
Acquisitions, net of cash acquired 0 (128,774)
Purchases of investments (938) (807)
Other 0 2,400
Net cash used in investing activities (13,774) (135,680)
Cash flows from financing activities:    
Proceeds from credit facilities 258,750 233,281
Payments of credit facilities (394,065) (207,608)
Repurchase of convertible senior notes (9,797) 0
Repayments of term loan 0 (140,000)
Payments of contingent and non-contingent consideration (310) (3,022)
Payments of dividends (63,756) (53,985)
Proceeds from stock purchases under employee stock purchase plan 11,534 11,228
Proceeds from exercise of stock options 0 4,007
Payments for shares acquired including shares withheld for taxes (28,382) (11,199)
Repurchases of Class B common stock under approved program (65,029) (45,769)
Other (152) (151)
Net cash used in financing activities (291,207) (213,218)
Effect of exchange rate changes on cash and cash equivalents 9,507 (999)
Increase in cash and cash equivalents 101,402 3,763
Cash and cash equivalents, beginning of period 64,009 68,412
Cash and cash equivalents, end of period 165,411 72,175
Supplemental information:    
Cash paid for income taxes 36,383 33,948
Income tax refunds 2,356 925
Interest paid 5,844 12,130
Non-cash investing and financing activities:    
Share-settled executive bonus plan awards 4,918 13,199
Deferred compensation plan elective participant deferrals $ 0 $ 144