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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities:    
Net income (loss) $ 177 $ (189,544)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 9,977 12,674
Non-cash operating lease costs 10,927 12,800
Stock-based compensation 195,600 162,058
Deferred income taxes 167 4,356
Amortization of intangible assets and acquired technology 96,310 111,896
Amortization of debt issuance costs 2,723 2,574
Amortization of investment discount, net of premium (4,070) (2,976)
Debt refinancing costs 1,366 0
Changes in operating assets and liabilities:    
Accounts receivable 218,567 182,550
Prepaid expenses and other assets 8,473 25,894
Accounts payable and accrued liabilities (95,483) (108,067)
Income taxes payable (57,909) 32,574
Deferred revenue (123,833) (81,484)
Net cash provided by operating activities 262,992 165,305
Investing activities:    
Purchases of property and equipment (2,337) (4,919)
Purchases of investments (393,933) (255,073)
Maturities of investments 350,432 180,007
Sales of investments 0 39,510
Business acquisition, net of cash acquired 0 (12,476)
Other 1,878 0
Net cash used in investing activities (43,960) (52,951)
Financing activities:    
Payment of debt (16,035) (14,064)
Payment of debt refinancing costs (1,349) 0
Proceeds from issuance of debt 1,971 0
Proceeds from issuance of common stock under employee stock purchase plan 25,267 28,229
Payments for dividends related to Class B-2 shares (12) (12)
Payments for taxes related to net share settlement of equity awards (98,819) (26,252)
Proceeds from issuance of shares under equity plans 63,106 19,692
Net cash (used in) / provided by financing activities (25,871) 7,593
Effect of foreign exchange rate changes on cash and cash equivalents 6,969 (5,719)
Net increase in cash and cash equivalents 200,130 114,228
Cash and cash equivalents at beginning of period 732,443 497,879
Cash and cash equivalents at end of period 932,573 612,107
Supplemental disclosures:    
Cash paid for interest 111,892 109,089
Cash paid for income taxes, net of refunds 42,588 74,110
Non-cash investing and financing activities:    
Purchases of property and equipment recorded in accounts payable and accrued liabilities $ 370 $ 752