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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities:    
Net income (loss) $ (8.2) $ (9.5)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 37.0 36.0
Stock-based compensation 29.2 29.3
Deferred taxes (0.2) (0.4)
Non-cash lease costs 1.7 2.1
Other, net 0.3 1.2
Changes in operating assets and liabilities:    
Accounts receivable (27.3) 1.6
Prepaid expenses and other assets 3.5 (6.2)
Accounts payable 10.3 7.6
Accrued expenses and other current liabilities 16.8 (5.9)
Payment of contingent consideration 0.0 (14.0)
Operating lease liabilities (2.5) (2.3)
Other liabilities 1.3 3.0
Net cash provided by operating activities 61.9 42.5
Investing Activities:    
Purchase of investment (8.1) 0.0
Capitalized software development costs (15.9) (19.6)
Purchase of property and equipment (0.4) (0.5)
Net cash used in investing activities (24.4) (20.1)
Financing Activities:    
Payment of contingent consideration 0.0 (16.9)
Proceeds from line of credit 0.0 7.5
Payments on line of credit 0.0 (7.5)
Payment of debt issuance costs 0.0 (1.1)
Proceeds from exercise of stock options 5.2 9.1
Issuance of Class A common stock under Employee Stock Purchase Plan 0.0 1.9
Repurchase of Class A common stock (69.8) (12.1)
Tax payments related to net-share settlements on restricted stock units (1.7) (0.7)
Net cash used in financing activities (66.3) (19.8)
Effect of exchange rate changes on cash and cash equivalents 0.1 0.1
Net increase (decrease) in cash and cash equivalents (28.7) 2.7
Cash and Cash Equivalents:    
Beginning of period 100.4 83.9
End of period 71.7 86.6
Supplemental Disclosures of Non-Cash Investing and Financing Activities:    
Capitalized software development costs recorded in accounts payable and accrued expenses and other current liabilities 0.7 2.6
Repurchases of Class A common stock recorded in accrued expenses and other current liabilities 2.4 0.0
Supplemental Disclosures of Cash Flow Information:    
Income tax payments 10.2 11.7
Cash paid for interest 0.3 0.3
Supplemental Cash Flow Disclosure Related to Operating Leases:    
Cash paid for amounts included in the measurement of lease liabilities $ 2.9 $ 2.7