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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities    
Net income (loss) $ (40,617,000) $ (124,602,000)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization of property, equipment and software 23,560,000 29,558,000
Amortization of acquired intangible assets 4,188,000 4,305,000
Impairment of Goodwill 0 35,424,000
Impairment of long-lived assets 0 8,811,000
Restructuring-related impairment 0 1,180,000
Stock-based compensation 9,882,000 16,078,000
Foreign currency (gains) losses, net (159,000) 21,509,000
Change in assets and liabilities:    
Accounts receivable 10,463,000 (10,233,000)
Prepaid expenses and other current assets 5,384,000 590,000
Right-of-use assets - operating leases 6,189,000 9,258,000
Accounts payable (39,427,000) 6,073,000
Accrued merchant and supplier payables (48,447,000) (54,905,000)
Accrued expenses and other current liabilities (30,557,000) (36,067,000)
Operating lease obligations (15,743,000) (13,831,000)
Payment for early lease termination (9,724,000) 0
Other, net 6,378,000 (1,504,000)
Net cash provided by (used in) operating activities (118,630,000) (108,356,000)
Investing activities    
Purchases of property and equipment and capitalized software (11,797,000) (22,149,000)
Proceeds from sale of assets 1,475,000 0
Acquisitions of intangible assets and other investing activities (1,174,000) (1,546,000)
Net cash provided by (used in) investing activities (11,496,000) (23,695,000)
Financing activities    
Payments of borrowings under revolving credit agreement (28,300,000) (40,000,000)
Taxes paid related to net share settlements of stock-based compensation awards (2,194,000) (4,703,000)
Other financing activities (1,642,000) (1,601,000)
Net cash provided by (used in) financing activities (32,136,000) (46,304,000)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 1,967,000 (4,708,000)
Net increase (decrease) in cash, cash equivalents and restricted cash (160,295,000) (183,063,000)
Cash, cash equivalents and restricted cash, beginning of period [1] 281,696,000 499,483,000
Cash, cash equivalents and restricted cash, end of period [1] 121,401,000 316,420,000
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,493,000 2,428,000
Income tax payments 2,676,000 3,611,000
Increase (decrease) in liabilities related to purchases of property and equipment and capitalized software (1,568,000) (53,000)
Cash paid for amounts included in the measurement of operating lease liabilities 15,330,000 15,860,000
Right-of-use assets obtained in exchange for operating leases liabilities $ 0 $ 1,706,000
[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 June 30, 2023, December 31, 2022, June 30, 2022 and December 31, 2021 (in thousands):
June 30, 2023December 31, 2022June 30, 2022December 31, 2021
Cash and cash equivalents$118,145 $281,279 $315,595 $498,726 
Restricted cash included in prepaid expenses and other current assets3,256 417 825 757 
Cash, cash equivalents and restricted cash$121,401 $281,696 $316,420 $499,483