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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating activities    
Net income (loss) $ 90,020,000 $ (300,151,000)
Less: Income (loss) from discontinued operations, net of tax 0 382,000
Income (loss) from continuing operations 90,020,000 (300,533,000)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization of property, equipment and software 46,879,000 60,988,000
Amortization of acquired intangible assets 6,728,000 7,378,000
Impairment of goodwill 0 109,486,000
Impairment of long-lived assets 0 22,351,000
Restructuring-related impairment 7,651,000 17,199,000
Stock-based compensation 25,121,000 30,937,000
Changes in fair value of investments (95,533,000) 8,089,000
Amortization of debt discount on convertible senior notes 1,226,000 10,824,000
Foreign currency translation adjustments reclassified into earnings (32,268,000) 0
Change in assets and liabilities:    
Accounts receivable 7,985,000 9,602,000
Prepaid expenses and other current assets (11,155,000) 29,098,000
Right-of-use assets - operating leases 16,016,000 17,680,000
Accounts payable 3,996,000 20,733,000
Accrued merchant and supplier payables (175,079,000) (163,125,000)
Accrued expenses and other current liabilities (43,654,000) 2,496,000
Operating lease obligations (24,614,000) (29,709,000)
Other, net 21,735,000 2,002,000
Net cash provided by (used in) operating activities from continuing operations (154,946,000) (144,504,000)
Net cash provided by (used in) operating activities from discontinued operations 0 0
Net cash provided by (used in) operating activities (154,946,000) (144,504,000)
Investing activities    
Purchases of property and equipment and capitalized software (37,865,000) (36,662,000)
Proceeds from sale or divestment of investment 6,859,000 31,605,000
Acquisitions of intangible assets and other investing activities (2,491,000) (3,416,000)
Net cash provided by (used in) investing activities from continuing operations (33,497,000) (8,473,000)
Net cash provided by (used in) investing activities from discontinued operations 0 1,224,000
Net cash provided by (used in) investing activities (33,497,000) (7,249,000)
Financing activities    
Proceeds from issuance of 2026 convertible notes 230,000,000 0
Proceeds from (payments of) borrowings under revolving credit agreement (100,000,000) 200,000,000
Issuance costs for 2026 convertible notes and revolving credit agreement (7,747,000) (1,148,000)
Purchase of capped call transactions (27,416,000) 0
Payments for the repurchase of Atairos convertible notes (254,000,000) 0
Proceeds from the settlement of convertible note hedges 2,315,000 0
Payments for the settlement of warrants (1,345,000) 0
Taxes paid related to net share settlements of stock-based compensation awards (17,591,000) (8,787,000)
Payments of finance lease obligations (4,887,000) (7,438,000)
Other financing activities 203,000 (2,070,000)
Net cash provided by (used in) financing activities (180,468,000) 180,557,000
Effect of exchange rate changes on cash, cash equivalents and restricted cash, including cash classified within current assets of discontinued operations (4,894,000) (716,000)
Net increase (decrease) in cash, cash equivalents and restricted cash, including cash classified within current assets of discontinued operations (373,805,000) 28,088,000
Less: Net increase (decrease) in cash classified within current assets of discontinued operations 0 1,224,000
Net increase (decrease) in cash, cash equivalents and restricted cash (373,805,000) 26,864,000
Cash, cash equivalents and restricted cash, beginning of period [1] 851,085,000 752,657,000
Cash, cash equivalents and restricted cash, end of period [1] 477,280,000 779,521,000
Supplemental Cash Flow Information [Abstract]    
Cash paid for interest 13,166,000 10,837,000
Income tax payments for continuing operations 9,406,000 6,209,000
Non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for operating leases liabilities $ 0 $ 12,201,000
[1] The following table provides a reconciliation of cash, cash equivalents and restricted cash shown above to amounts reported within the condensed consolidated balance sheets as of September 30, 2021, December 31, 2020, September 30, 2020 and December 31, 2019 (in thousands):
September 30, 2021December 31, 2020September 30, 2020December 31, 2019
Cash and cash equivalents$476,782 $850,587 $778,967 $750,887 
Restricted cash included in prepaid expenses and other current assets498 498 315 1,534 
Restricted cash included in other non-current assets— — 239 236 
Cash, cash equivalents and restricted cash$477,280 $851,085 $779,521 $752,657