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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 79,916 $ 51,307
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,030 4,317
Stock-based compensation expense 65,610 51,731
Accretion on marketable securities, net (1,017) 0
Changes in assets and liabilities:    
Deferred revenue 58,293 42,285
Accounts receivable 16,004 11,253
Deferred cost of revenues (13,632) (9,354)
Prepaid expenses and other current assets (4,536) (5,035)
Accounts payable 593 736
Accrued expenses and other current liabilities (10,350) (4,199)
Noncurrent assets and liabilities (1,605) 2,861
Net cash provided by operating activities 196,306 145,902
Cash flows from investing activities:    
Purchases of investments (48,321) 0
Maturities of investments 42,470 0
Capitalized software expense and purchases of intangible assets (4,463) (6,700)
Purchase of property and equipment (2,507) (6,977)
Net cash used for investing activities (12,821) (13,677)
Cash flows from financing activities:    
Proceeds from exercise of stock options 6,955 8,405
Net cash provided by financing activities 6,955 8,405
Net increase in cash, cash equivalents and restricted cash 190,440 140,630
Cash, cash equivalents and restricted cash - Beginning of period 788,526 750,345
Cash, cash equivalents and restricted cash - End of period 978,966 890,975
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 11,720 4,927
Supplemental disclosure of noncash investing activities:    
Property and equipment included in Current liabilities 827 1,782
Landlord incentive included in Other Assets 6,809 0
Right of use assets obtained in exchange for new operating lease liabilities 36,025 33,039
Right of use assets disposed of or adjusted for modifying operating leases liabilities $ 0 $ 1,303