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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 14,214 $ 15,069
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 70,797 61,448
Amortization of cloud computing implementation costs 2,895 2,994
Provision for subscription cancellations and non-renewals (498) (470)
Amortization of deferred financing costs 2,041 1,345
Change in fair value of contingent consideration liabilities (16,200) (2,275)
Change in settlement value of deferred purchase commitment liability   423
Write-off of deferred financing costs   276
Stock-based compensation expense 46,249 36,459
Deferred income taxes (3,029) (8,615)
Non-cash operating lease costs 2,440 2,038
Other (60) (151)
Changes in operating assets and liabilities:    
Accounts receivable 35,819 15,593
Prepaid expenses and other current assets (14,489) (10,245)
Deferred commissions (1,332) (1,302)
Accounts payable (963) 4,535
Accrued expenses 4,362 (851)
Accrued and deferred compensation (10,910) 3,032
Deferred revenue (6,784) 9,411
Operating lease liabilities (3,191) (2,856)
Payments for purchase commitment and contingent consideration liabilities in excess of initial fair value (200) (4,367)
Other 2,114 2,197
Net cash provided by operating activities 123,275 123,688
Cash flows from investing activities:    
Acquisition of businesses and assets, net of cash acquired   (71,755)
Long-term investment (15,000)  
Property and equipment additions (69,342) (47,520)
Capitalized software additions (16,444) (16,357)
Purchase of investment securities, available-for-sale (2,398) (12,246)
Proceeds from sales and maturities of investment securities, available-for-sale 11,607 14,610
Net cash used in investing activities (91,577) (133,268)
Cash flows from financing activities:    
Net increase (decrease) in customer funds obligations (4,502) 6,032
Proceeds from convertible senior notes   345,000
Principal payments on long-term debt   (46,875)
Payments on third-party debt   (3,904)
Payment for purchase of capped calls   (42,366)
Payments for deferred financing costs   (11,374)
Proceeds from purchases of stock under ESPP 1,782 1,443
Payments for taxes related to net share settlement of stock-based awards (27,178) (19,990)
Proceeds from exercise of stock options 7,706 4,689
Payments for purchase commitment and contingent consideration liabilities   (7,580)
Payments of finance lease liabilities (50) (70)
Net cash provided by (used in) financing activities (22,242) 225,005
Effect of exchange rate changes on cash, cash equivalents and restricted cash 3,271 810
Net increase in cash, cash equivalents and restricted cash 12,727 216,235
Cash, cash equivalents and restricted cash, beginning of period 326,066 89,151
Cash, cash equivalents and restricted cash, end of period $ 338,793 $ 305,386