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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
OPERATING ACTIVITIES:    
Net income $ 9,642 $ 6,232
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 28,334 27,443
Stock-based compensation 2,609 2,260
Amortization of deferred commissions 7,826 6,900
Provision for credit losses 400 99
Deferred income taxes 1,225 2,066
Gain on sale of fixed assets (25) 0
Loss on non-marketable equity investments 621 258
Non-cash paid time off expense 0 (1,011)
Change in fair value of non-marketable equity investments (3,596) 0
Other 30 132
Changes in operating assets and liabilities:    
Accounts and unbilled receivables (2,273) (13,907)
Prepaid royalties (106) (162)
Other prepaid expenses and other current assets 709 1,335
Deferred commissions (10,192) (9,854)
Other assets 219 (278)
Accounts payable and accrued expenses 942 (3,062)
Accrued royalties 572 (3,606)
Deferred revenue 1,597 (6,223)
Net cash provided by operating activities 43,080 36,436
INVESTING ACTIVITIES:    
Business combinations, net of cash acquired (4,009) (731)
Proceeds from maturities of marketable securities 7,025 9,931
Purchases of marketable securities (5,601) (5,223)
Payments to acquire equity method investments 0 (1,750)
Payments associated with capitalized software development (17,392) (16,577)
Proceeds from sale of fixed assets 26 0
Proceeds from sale of non-marketable equity investments 3,494 0
Purchases of property and equipment (1,570) (2,602)
Net cash used in investing activities (18,027) (16,952)
FINANCING ACTIVITIES:    
Taxes paid related to net settlement of equity awards (518) (471)
Repurchases of common stock (23,137) 0
Payment of cash dividends 0 (19)
Net cash used in financing activities (23,655) (490)
Effect of exchange rate changes on cash and cash equivalents (46) (101)
Net increase in cash and cash equivalents 1,352 18,893
Cash and cash equivalents at beginning of period 46,905 36,566
Cash and cash equivalents at end of period $ 48,257 $ 55,459