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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net loss $ (14,701) $ (10,407)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 27,272 25,545
Provision for doubtful accounts and sales returns 1,522 1,875
Stock-based compensation expense 29,925 27,860
Deferred taxes 9,245 (7,431)
Amortization of deferred financing costs and discount 500 645
Other non-cash adjustments (215) (150)
Changes in operating assets and liabilities, net of acquisition and disposal of businesses:    
Accounts receivable 1,139 9,010
Prepaid expenses and other assets (2,750) (2,067)
Trade accounts payable 3,362 15,919
Accrued expenses and other liabilities (15,931) (13,430)
Deferred revenue (17,562) (22,865)
Net cash provided by operating activities 21,806 24,504
Cash flows from investing activities    
Purchase of property and equipment (1,364) (4,266)
Capitalized software and content development costs (13,967) (12,683)
Purchase of net assets of acquired companies, net of cash and restricted cash acquired 0 (19,985)
Net cash used in investing activities (15,331) (36,934)
Cash flows from financing activities    
Proceeds from issuance of debt 92,600 59,400
Payments on debt (75,403) (33,765)
Employee taxes paid for withheld shares upon equity award settlement (31,417) (34,674)
Change in due to customers (337,159) (315,294)
Change in customer funds receivable (1,859) (1,115)
Net cash used in financing activities (353,238) (325,448)
Effect of exchange rate on cash, cash equivalents and restricted cash 986 (504)
Net decrease in cash, cash equivalents and restricted cash (345,777) (338,382)
Cash, cash equivalents and restricted cash, beginning of period 733,931 651,762
Cash, cash equivalents and restricted cash, end of period 388,154 $ 313,380
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 24,083  
Total restricted cash 364,071  
Total cash, cash equivalents and restricted cash in the statement of cash flows $ 388,154