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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities:      
Net income (loss) $ (10.2) $ (42.5) $ 5.3
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 37.0 27.1 15.1
Stock-based compensation 34.4 17.9 6.4
Change in fair value of contingent consideration related to earnouts 6.7 18.1 (0.8)
Deferred taxes (12.6) 4.4 (4.6)
Non-cash lease costs 2.6 7.9 6.8
Other, net 1.3 (2.1) (0.1)
Changes in operating assets and liabilities, net of business combinations:      
Accounts receivable (18.7) (20.2) 1.0
Prepaid expenses and other assets (0.7) (9.6) (4.8)
Accounts payable (5.6) (2.2) 3.6
Accrued expenses and other current liabilities 5.8 16.6 (5.3)
Payment of contingent consideration (11.5) 0.0 0.0
Operating lease liabilities (2.4) (7.3) (7.1)
Other liabilities (1.1) (0.9) (0.1)
Net cash provided by operating activities 25.0 7.2 15.4
Investing Activities:      
Capitalized software development costs (27.6) (20.7) (17.4)
Purchase of property and equipment (4.6) (2.3) (1.3)
Business combinations, net of cash acquired (68.1) 0.0 (36.7)
Net cash used in investing activities (100.3) (23.0) (55.4)
Financing Activities:      
Payment of contingent consideration (19.0) 0.0 0.0
Proceeds from line of credit 70.0 0.0 5.0
Payments on line of credit (70.0) 0.0 (10.0)
Principal repayment of subordinated promissory notes 0.0 (28.5) 0.0
Repurchase of Series A redeemable convertible preferred stock 0.0 (2.1) 0.0
Proceeds from exercise of stock options 7.7 11.0 8.4
Issuance of Class A common stock under Employee Stock Purchase Plan 4.5 0.0 0.0
Tax payments related to net-share settlements on restricted stock units (0.6) (1.9) (0.4)
Proceeds from issuance of common stock upon initial public offering, net of underwriting discounts and commissions 0.0   0.0
Payment of offering costs related to initial public offering (1.0) (4.0) 0.0
Issuance of Class A common stock 0.0 0.0 54.3
Net cash provided by (used in) financing activities (8.4) 100.2 55.7
Effect of exchange rate changes on cash and cash equivalents (0.2) 0.0 0.1
Net increase (decrease) in cash and cash equivalents (83.9) 84.4 15.8
Cash and Cash Equivalents:      
Beginning of year 167.8 83.4 67.6
End of year 83.9 167.8 83.4
Supplemental Disclosures of Non-Cash Investing and Financing Activities:      
Capitalized software development costs recorded in accounts payable and accrued expenses and other current liabilities 0.9 0.5 0.1
Purchase of property and equipment recorded in accounts payable and accrued expenses and other current liabilities 0.1 0.8 0.0
Offering costs related to initial public offering not yet paid 0.0 1.0 0.0
Supplemental Disclosures of Cash Flow Information:      
Income tax payments 4.0 0.3 1.2
Cash paid for interest 1.9 2.5 1.4
Supplemental Cash Flow Disclosure Related to Operating Leases:      
Cash paid for amounts included in the measurement of lease liabilities 3.1 8.2 7.9
Lease liabilities arising from obtaining right-of-use assets 0.0 7.8 0.0
Stock Options      
Financing Activities:      
Repurchases of common stock 0.0 (1.4) (0.4)
Common Class A      
Financing Activities:      
Repurchases of common stock 0.0 (0.5) (1.2)
Common Class F      
Financing Activities:      
Repurchases of common stock $ 0.0 $ (12.4) $ 0.0