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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities    
Net income $ 36,012 $ 38,624
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property, equipment and internal-use software 13,701 13,804
Amortization of intangible assets 5,664 6,517
Provision for uncollectible overdrawn accounts from purchase transactions 1,188 4,700
Provision for loan losses 10,252 10,499
Stock-based compensation 9,182 14,858
Losses in equity method investments 4,068 1,708
Amortization of discount on available-for-sale investment securities (556) (290)
Impairment of long-lived assets 0 2,263
Other (1,008) (583)
Changes in operating assets and liabilities:    
Accounts receivable, net 16,015 7,101
Prepaid expenses and other assets 9,392 13,306
Deferred expenses 7,208 5,787
Accounts payable and other accrued liabilities (10,415) (4,430)
Deferred revenue (9,945) (8,934)
Income tax receivable/payable 9,880 12,023
Other, net (106) (1,311)
Net cash provided by operating activities 100,532 115,642
Investing activities    
Purchases of available-for-sale investment securities 0 (288,958)
Proceeds from maturities of available-for-sale securities 37,070 86,106
Proceeds from sales and calls of available-for-sale securities 55 2,875
Payments for acquisition of property and equipment (19,533) (19,010)
Net changes in loans (15,069) (14,693)
Investment in TailFin Labs, LLC (35,000) (35,000)
Purchases of other investments 0 (31,934)
Other investing activities (243) 0
Net cash used in investing activities (32,720) (300,614)
Financing activities    
Borrowings on revolving line of credit 83,000 50,000
Repayments on revolving line of credit (118,000) (50,000)
Proceeds from exercise of options and ESPP purchases 144 92
Taxes paid related to net share settlement of equity awards (2,516) (2,707)
Net changes in deposits (104,412) 318,280
Net changes in settlement assets and obligations to customers (19,864) (104,691)
Repurchase of Class A common stock 0 (25,000)
Net cash (used in) provided by financing activities (161,648) 185,974
Net (decrease) increase in unrestricted cash, cash equivalents and restricted cash (93,836) 1,002
Unrestricted cash, cash equivalents and restricted cash, beginning of period 819,845 1,325,640
Unrestricted cash, cash equivalents and restricted cash, end of period 726,009 1,326,642
Cash paid for interest 2,016 180
Cash paid (refund) for income taxes 509 (11)
Unrestricted cash and cash equivalents 722,003 1,320,743
Restricted cash 4,006 5,899
Total unrestricted cash, cash equivalents and restricted cash, end of period $ 726,009 $ 1,326,642