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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net (loss) income $ (108,664) $ 9,896 $ 7,443
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 16,686 20,097 16,390
Amortization of debt issuance costs 1,392 2,591 2,565
Amortization of prior hedge effectiveness 3,095 3,481 0
Stock-based compensation 112,596 12,894 5,181
Impairment of goodwill and long-lived assets 924 1,105 14,321
Impairment of available-for-sale debt securities 0 4,818 0
Loss on debt extinguishment 7,955 0 0
Discontinuance of interest rate swaps and write-off of prior hedge effectiveness 8,688 0 0
Loss on sale of business 0 1,764 0
Deferred income taxes (11,595) 1,325 472
Change in fair value of financial guarantee (150) (1,750) 1,900
Change in fair value of derivative instruments 392 205 439
Change in fair value of other equity security (1,812) 0 0
Unrealized foreign exchange loss (gain) 943 (1,755) (2,572)
Other 4 22 (299)
Changes in operating assets and liabilities, net of effects of business combinations and disposal of business:      
Accounts receivable (1,511) 954 (413)
Prepaid expenses and other current assets (4,965) (799) (128)
Other assets (3,648) 1,153 470
Accounts payable 2,360 12,416 3,914
Accrued expenses and other liabilities 13,781 1,418 (1,568)
Income tax payable (185) 10 (985)
Deferred revenue 17,866 23,204 5,565
Net cash provided by operating activities 54,152 93,049 52,695
Cash flows from investing activities      
Acquisitions, net of cash acquired (61,523) (934) 0
Purchase of property and equipment (11,740) (10,587) (18,349)
Payment upon extinguishment of interest rate swaps (3,283) 0 0
Purchase of other equity security (1,127) 0 (668)
Purchase of available-for-sale debt securities 0 0 (2,013)
Proceeds from sale of equity method investment 0 0 313
Sale of business, net of cash sold 0 (1,206) 0
Net cash used in investing activities (77,673) (12,727) (20,717)
Cash flows from financing activities      
Repayment of capital lease obligations (31) (31) (26)
Payment of debt issuance costs (767) 0 0
Repayment of 2018 Term Loan (524,300) (5,350) (5,350)
Proceeds from 2018 Revolving Facility 0 40,000 0
Repayment of 2018 Revolving Facility 0 (40,000) 0
Repayment of hybrid debt (1,332) (1,249) 0
Payment upon extinguishment of hybrid debt (9,774) 0 0
Payment of contingent consideration (1,049) 0 0
Repurchase of common stock 0 (4,805) (1,535)
Tender offer costs 0 (145) 0
Repurchase of common stock and restricted stock units 0 0 (927)
Payment of special dividends (112) (284) (877)
Proceeds from issuance of common stock in initial public offering, net of underwriting discounts and commissions 581,833 0 0
Proceeds from private placement, net of underwriting discounts and commissions 85,050 0 0
Payment of stock issuance costs (5,636) 0 0
Payment of deferred purchase consideration 0 0 (547)
Repurchases of common stock for tax withholding obligations (2,342) (3,606) (3,784)
Proceeds from issuance of stock under employee stock plans 1,819 381 194
Net cash provided by (used in) financing activities 123,359 (15,089) (12,852)
Effect of exchange rate changes on cash, cash equivalents and restricted cash equivalent (11) 57 (495)
Net increase in cash, cash equivalents and restricted cash equivalent 99,827 65,290 18,631
Cash, cash equivalents and restricted cash equivalent, at beginning of the period 139,470 74,180 55,549
Cash, cash equivalents and restricted cash equivalent, at end of the period 239,297 139,470 74,180
Supplemental cash flow data      
Interest 12,284 27,864 37,276
Income taxes 1,459 1,485 1,469
Reconciliation of cash, cash equivalents, and restricted cash equivalent reported in the consolidated balance sheets      
Cash and cash equivalents 239,297 114,470 49,180
Restricted cash equivalent 0 25,000 25,000
Total cash, cash equivalents, and restricted cash equivalent shown in the consolidated statements of cash flows 239,297 139,470 74,180
Non-cash investing and financing activities      
Conversion of Series A redeemable convertible preferred stock into common stock in connection with initial public offering 70,906 0 0
Purchase of property and equipment included in accounts payable and accrued expenses and other current liabilities 676 717 1,268
Conversion of available-for-sale debt security into other equity security 0 0 791
Change in fair value of hedged interest rate swaps and interest rate cap (5,817) 412 5,234
Transfer of interest rate swaps derivative liability to hybrid debt 0 12,345 0
Contingent consideration for business acquired 0 1,250 0
Capitalized stock-based compensation $ 674 $ 46 $ 98