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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows from Operating Activities:    
Net (loss) income $ (1,572.4) $ 124.2
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation and amortization expense 102.4 38.8
Stock-based compensation expense 241.9 108.8
Non-cash operating lease expense 66.8 44.4
Amortization of premium from marketable securities 3.4 7.4
Amortization of debt discount and issuance costs 25.5 4.6
Impairment expense and loss on disposals on long-lived assets 42.5 3.3
Goodwill impairment 181.9 0.0
Net foreign currency adjustments 19.1 0.0
Changes in operating assets and liabilities:    
Accounts receivable (3.6) 6.0
Inventories (473.3) (363.7)
Prepaid expenses and other current assets (40.5) (34.7)
Other assets (6.6) (13.7)
Accounts payable and accrued expenses (260.4) 444.2
Customer deposits and deferred revenue 46.4 (2.0)
Operating lease liabilities, net (49.1) (9.8)
Other liabilities (1.6) 1.5
Net cash (used in) provided by operating activities (1,677.8) 359.3
Cash Flows from Investing Activities:    
Purchases of marketable securities 0.0 (449.1)
Maturities of marketable securities 211.0 517.8
Sales of marketable securities 306.7 6.6
Purchases of property and equipment (243.6) (167.9)
Business combinations, net of cash acquired (11.0) (57.7)
Asset acquisitions, net of cash acquired (16.0) (78.1)
Internal-use software costs (24.1) (5.0)
Net cash provided by (used in) investing activities 223.0 (233.4)
Cash Flows from Financing Activities:    
Proceeds from public offering, net of issuance costs 1,218.8 0.0
Proceeds from issuance of convertible notes, net of issuance costs 0.0 977.2
Purchase of capped calls 0.0 (81.3)
Proceeds from employee stock purchase plan withholdings 14.9 12.2
Proceeds from exercise of stock options 76.7 37.0
Taxes withheld and paid on employee stock awards 0.0 (53.9)
Principal repayments of finance leases (1.3) (0.7)
Net cash provided by financing activities 1,309.0 890.5
Effect of exchange rate changes (23.6) 4.1
Net change in cash, cash equivalents, and restricted cash (169.4) 1,020.4
Cash, cash equivalents, and restricted cash — Beginning of period 1,135.7 1,037.0
Cash, cash equivalents, and restricted cash — End of period 966.2 2,057.4
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 1.0 0.6
Cash paid for income taxes 13.7 2.9
Supplemental Disclosures of Non-Cash Investing and Financing Information:    
Property and equipment accrued but unpaid 36.0 42.4
Stock-based compensation capitalized for software development costs $ 8.0 $ 3.1