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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities      
Net income (loss) $ (234,380,000) $ 120,348,000 $ (286,180,000)
Less: Income (loss) from discontinued operations, net of tax 0 0 382,000
Income (loss) from continuing operations (234,380,000) 120,348,000 (286,562,000)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization of property, equipment and software 54,170,000 63,925,000 77,792,000
Amortization of acquired intangible assets 8,493,000 8,894,000 9,730,000
Impairment of goodwill 35,424,000 0 109,486,000
Impairment of long-lived assets 12,259,000 0 22,351,000
Restructuring-related impairment 2,949,000 7,651,000 21,622,000
Stock-based compensation 30,006,000 33,169,000 39,010,000
Changes in fair value of investments 0 (95,623,000) 8,089,000
Deferred income taxes 49,099,000 (33,985,000) (7,101,000)
Amortization of debt discount on convertible senior notes 1,520,000 1,601,000 14,621,000
(Gain) loss on early lease termination (4,471,000) 0 0
Foreign currency translation adjustments reclassified into earnings 0 (32,273,000) 0
Foreign currency (gains) losses, net 10,934,000 26,730,000 (22,351,000)
Change in assets and liabilities:      
Accounts receivable (10,088,000) 5,432,000 13,524,000
Prepaid expenses and other current assets 9,812,000 (13,472,000) 42,249,000
Right-of-use assets - operating leases 16,986,000 19,919,000 22,463,000
Accounts payable 37,540,000 (10,302,000) 11,414,000
Accrued merchant and supplier payables (39,428,000) (133,849,000) (142,624,000)
Accrued expenses and other current liabilities (71,804,000) (45,015,000) 36,159,000
Operating lease obligations (30,295,000) (31,801,000) (36,864,000)
Other, net (14,713,000) (15,307,000) 3,394,000
Net cash provided by (used in) operating activities from continuing operations (135,987,000) (123,958,000) (63,598,000)
Net cash provided by (used in) operating activities from discontinued operations 0 0 0
Net cash provided by (used in) operating activities (135,987,000) (123,958,000) (63,598,000)
Investing activities      
Purchases of property and equipment and capitalized software (36,168,000) (49,630,000) (48,711,000)
Proceeds from sale or divestment of investment 0 6,950,000 31,605,000
Acquisitions of intangible assets and other investing activities (2,677,000) (3,131,000) (4,240,000)
Net cash provided by (used in) investing activities from continuing operations (38,845,000) (45,811,000) (21,346,000)
Net cash provided by (used in) investing activities from discontinued operations 0 0 1,224,000
Net cash provided by (used in) investing activities (38,845,000) (45,811,000) (20,122,000)
Financing activities      
Proceeds from borrowings under revolving credit agreement 40,000,000 0 200,000,000
Payments of borrowings under revolving credit agreement (65,000,000) (100,000,000) 0
Proceeds from issuance of 2026 convertible notes 0 230,000,000 0
Issuance costs for 2026 convertible notes and revolving credit agreement (490,000) (7,747,000) (1,686,000)
Purchase of capped call transactions 0 (27,416,000) 0
Payments for the repurchase of Atairos convertible notes 0 (254,000,000) 0
Proceeds from the settlement of convertible note hedges 0 2,315,000 0
Payments for the settlement of warrants 0 (1,345,000) 0
Taxes paid related to net share settlements of stock-based compensation awards (6,065,000) (19,834,000) (10,607,000)
Payments of finance lease obligations (687,000) (5,302,000) (8,930,000)
Other financing activities (2,165,000) (521,000) (1,979,000)
Net cash provided by (used in) financing activities (34,407,000) (183,850,000) 176,798,000
Effect of exchange rate changes on cash, cash equivalents and restricted cash, including cash classified within current assets of discontinued operations (8,548,000) 2,017,000 6,574,000
Net increase (decrease) in cash, cash equivalents and restricted cash, including cash classified within current assets of discontinued operations (217,787,000) (351,602,000) 99,652,000
Less: Net increase (decrease) in cash classified within current assets of discontinued operations 0 0 1,224,000
Net increase (decrease) in cash, cash equivalents and restricted cash (217,787,000) (351,602,000) 98,428,000
Cash, cash equivalents and restricted cash, beginning of period [1] 499,483,000 851,085,000 752,657,000
Cash, cash equivalents and restricted cash, end of period [1] 281,696,000 499,483,000 851,085,000
Supplemental disclosure of cash flow information      
Cash paid for interest 5,940,000 13,866,000 12,749,000
Income tax payments 5,184,000 11,145,000 3,262,000
Increase (decrease) in liabilities related to purchases of property and equipment and capitalized software 3,325,000 672,000 637,000
Cash paid for amounts included in the measurement of operating lease liabilities 31,508,000 33,079,000 36,864,000
Right-of-use assets obtained in exchange for operating lease liabilities $ 2,635,000 $ 683,000 $ 16,415,000
[1] The following table provides a reconciliation of cash, cash equivalents and restricted cash shown above to amounts reported within the Consolidated Balance Sheets as of December 31, 2022, 2021 and 2020 (in thousands):
December 31, 2022December 31, 2021December 31, 2020
Cash and cash equivalents$281,279 $498,726 $850,587 
Restricted cash included in prepaid expenses and other current assets417 757 498 
Cash, cash equivalents and restricted cash$281,696 $499,483 $851,085