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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (62.7) $ (170.8)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 30.8 32.7
Non-cash lease expense 4.4 5.8
Stock-based compensation expense 26.5 18.7
Deferred income taxes (1.6) (0.7)
Unrecognized tax benefits 0.9 2.3
Bad debt expense (0.7) 0.0
Net realized losses on marketable investment securities 0.0 1.4
Impairment of goodwill and long-lived assets 12.8 0.0
Gain on termination of lease (3.1) 0.0
Gain on acquisition (2.2) 0.0
Other non-cash adjustments 1.8 1.7
Changes in assets and liabilities:    
Prepaid expenses and other current assets (2.1) 0.0
Trade accounts receivable (4.5) (10.1)
Inventory (4.9) (2.3)
Prepaid taxes (1.4) (0.1)
Other assets 0.7 (5.1)
Tenant improvement allowance received 0.0 16.3
Accounts payable 9.4 10.7
Accrued liabilities (20.1) 65.4
Net cash used in operating activities (16.0) (34.1)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (11.9) (42.3)
Capitalization of internal-use software costs (5.6) 0.0
Proceeds from maturities and sales of marketable investment securities 4.0 88.7
Net cash (used in) provided by investing activities (13.5) 46.4
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from common stock issued under stock-based compensation plans 3.0 0.0
Payment of tax withheld for common stock issued under stock-based compensation plans (9.2) (5.1)
Proceeds from revolving credit facility 80.0 40.0
Repayment of revolving credit facility (80.0) 0.0
Fees associated with refinancing of revolving credit facility 0.0 (1.4)
Payment on finance leases (0.2) 0.0
Net cash (used in) provided by financing activities (6.4) 33.5
Effect of foreign exchange rates on cash, cash equivalents, and restricted cash (1.5) 0.5
Change in cash and cash equivalents classified as held for sale (2.3) 0.0
Net (decrease) increase in cash, cash equivalents, and restricted cash (39.7) 46.3
Cash, cash equivalents, and restricted cash at beginning of the period 140.9 66.4
Cash, cash equivalents, and restricted cash at end of the period $ 101.2 $ 112.7