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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 16,821 $ 7,564
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 6,887 7,398
Impairment of property and equipment 0 626
Amortization of intangible assets 11,567 14,147
Net gains from investments 0 (2,365)
Deferred income taxes (2,157) (1,600)
Stock-based compensation 7,351 7,964
Operating lease right-of-use assets, amortization, and impairments 8,742 10,525
Amortization of deferred financing fees 703 736
Amortization of premium on investments 25 0
Foreign currency losses 1,033 277
Changes in assets and liabilities:    
Accounts receivable 31,052 30,226
Deferred commissions 5,562 5,916
Prepaid expenses and other current assets (3,394) 1,693
Accounts payable 64 1,183
Accrued expenses and other liabilities (6,870) (22,481)
Deferred revenue 16,132 (23,554)
Operating lease liabilities (8,526) (9,056)
Net cash provided by operating activities 84,992 29,199
Cash flows from investing activities:    
Purchases of property and equipment (9,845) (7,279)
Purchases of marketable investments (18,549) 0
Proceeds from maturities of marketable investments 1,500
Other investing activity 44 4,335
Net cash used in investing activities (26,850) (2,944)
Cash flows from financing activities:    
Payments on borrowings (9,375) (21,031)
Repurchases of common stock (10,646)
Deferred acquisition payments (1,064)
Proceeds from issuance of common stock under employee equity incentive plans 7,840 3,514
Taxes paid related to net share settlements of stock-based compensation awards (3,347) (2,876)
Net cash used in financing activities (15,528) (21,457)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,464) (580)
Net change in cash, cash equivalents and restricted cash 41,150 4,218
Cash, cash equivalents and restricted cash, beginning of period 90,652 69,192
Cash, cash equivalents and restricted cash, end of period 131,802 73,410
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,532 3,385
Cash paid for income taxes $ 7,366 $ 2,338