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Unaudited Condensed Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities    
Net income (loss) $ 6,571 $ (50,477)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 18,061 16,187
Amortization of right-of-use assets 2,011 1,290
Amortization of debt issuance costs 170 170
Impairment of other equity security 0 170
Impairment of long-lived assets 0 237
Stock-based compensation 51,005 64,490
Deferred income taxes 10,818 (2,637)
Change in fair value of contingent consideration (836) (150)
Unrealized foreign exchange (gain) loss (179) 5,958
Other (39) (1)
Changes in operating assets and liabilities, net of effects of business combination:    
Accounts receivable (946) (3,024)
Prepaid expenses and other current assets (785) (296)
Other assets 345 (863)
Accounts payable 5,992 (6,417)
Accrued expenses and other liabilities (992) 7,585
Operating lease liabilities (1,723) (1,599)
Income tax payable 16 22
Deferred revenue 12,325 21,370
Net cash provided by operating activities 101,814 52,015
Cash flows from investing activities    
Acquisition, net of cash acquired 0 (2,532)
Proceeds from acquisition working capital adjustment 0 307
Purchase of property and equipment (23,220) (16,441)
Other 38 0
Net cash used in investing activities (23,182) (18,666)
Cash flows from financing activities    
Repayment of capital lease obligations (27) 0
Payment of contingent consideration 0 (600)
Repurchase of common stock (54,873) (61,736)
Shares surrendered for settlement of minimum statutory tax withholding (6,353) (41)
Proceeds from issuance of stock under employee stock plans 5,690 1,682
Net cash used in financing activities (55,563) (60,695)
Effect of exchange rate changes on cash and cash equivalents (4) (139)
Net increase (decrease) in cash and cash equivalents 23,065 (27,485)
Cash and cash equivalents, at beginning of the period 189,082 239,297
Cash and cash equivalents, at end of the period 212,147 211,812
Non-cash operating, investing, and financing activities:    
Accrued stock repurchase excise tax 292 0
Receivable from issuance of stock under employee stock plans 295 0
Purchase of property and equipment included in accounts payable and accrued expenses and other current liabilities 1,548 1,124
Capitalized stock-based compensation 3,039 1,779
Right-of-use assets under operating leases 0 13,165
Contingent consideration for acquired business $ 0 $ 850