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Condensed Consolidated Statements of Cash Flows
$ in Thousands
 6 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Cash flows from operating activities    
Net income (loss) $ 27,050 $ (12,596)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 60,553 53,622
Provision for doubtful accounts and sales returns 519 3,798
Stock-based compensation expense 57,856 63,289
Deferred taxes (18,810) (33,101)
Amortization of deferred financing costs and discount 984 963
Loss on disposition of business 1,561 0
Other non-cash adjustments 2,462 (1,569)
Changes in operating assets and liabilities, net of acquisition and disposal of businesses:    
Accounts receivable (53,062) (69,624)
Prepaid expenses and other assets (2,473) 9,470
Trade accounts payable 19,146 (3,431)
Accrued expenses and other liabilities (13,579) 11,948
Deferred revenue 36,228 52,233
Net cash provided by operating activities 118,435 75,002
Cash flows from investing activities    
Purchase of property and equipment (6,118) (2,779)
Capitalized software and content development costs (28,392) (28,756)
Net cash used in disposition of business (1,179) 0
Other investing activities (5,029) 0
Net cash used in investing activities (40,718) (31,535)
Cash flows from financing activities    
Proceeds from issuance of debt 1,211,600 158,000
Payments on debt (966,680) (171,824)
Debt issuance costs (6,458) 0
Employee taxes paid for withheld shares upon equity award settlement (54,483) (33,687)
Change in due to customers 106,851 61,313
Change in customer funds receivable (2,577) (3,359)
Purchase of treasury stock (262,596) 0
Net cash provided by financing activities 25,657 10,443
Effect of exchange rate on cash, cash equivalents and restricted cash (523) 2,489
Net increase in cash, cash equivalents and restricted cash 102,851 56,399
Cash, cash equivalents and restricted cash, beginning of period 728,257 733,931
Cash, cash equivalents and restricted cash, end of period 831,108 $ 790,330
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 30,438  
Total restricted cash 800,670  
Total cash, cash equivalents and restricted cash in the statement of cash flows $ 831,108