XML 18 R8.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Consolidated net income (loss) $ (19,725) $ 356,095
Income from discontinued operations, net of income taxes 0 217,246
Adjustments to reconcile consolidated net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 12,480 14,332
Non-cash operating lease cost 4,138 3,758
Stock-based compensation to employees and directors 13,390 7,649
Increase in deferred income taxes, net (691) (51,749)
Loss from equity method securities 49,227 711
Other non-cash adjustments 97 689
Changes in operating assets and liabilities:    
Accounts receivable, net 745 (2,305)
Inventories (933) 461
Prepaids and other current assets 1,991 3,259
Other long-term assets, net (1,004) (1,050)
Accounts payable (17,360) 14,831
Accrued liabilities (11,633) (19,945)
Unearned revenue (8,335) (6,959)
Operating lease liabilities (4,285) (3,891)
Other long-term liabilities (506) 1,444
Net cash provided by continuing operating activities 17,596 100,084
Net cash used in discontinued operating activities 0 (17,128)
Net cash provided by operating activities 17,596 82,956
Cash flows from investing activities:    
Purchase of equity securities (18,920) 0
Payments to Acquire Long-term Investments 0 41,122
Capital distribution from investment 1,224 0
Expenditures for property and equipment (9,724) (9,658)
Other investing activities, net (584) (1,281)
Net cash used in continuing investing activities (28,004) (52,061)
Net cash used in discontinued investing activities 0 (29,703)
Net cash used in investing activities (28,004) (81,764)
Cash flows from financing activities:    
Repurchase of shares (60,077) 0
Payments on long-term debt (2,570) (2,191)
Payments of taxes withheld upon vesting of employee stock awards (3,501) (7,850)
Proceeds from employee stock purchase plan 924 0
Other financing activities, net 0 (1)
Net cash used in continuing financing activities (65,224) (10,042)
Net cash provided by discontinued financing activities 0 2,085
Net cash used in financing activities (65,224) (7,957)
Net decrease in cash, cash equivalents, and restricted cash (75,632) (6,765)
Cash, cash equivalents, and restricted cash, beginning of period, inclusive of cash balances of discontinued operations 503,366 519,181
Cash, cash equivalents, and restricted cash, end of period, inclusive of cash balances of discontinued operations 427,734 512,416
Less: Cash, cash equivalents, and restricted cash of discontinued operations 0 0
Cash, cash equivalents, and restricted cash, end of period $ 427,734 $ 512,416