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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ (6,179) $ 3,713
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 6,079 6,557
Impairment of property and equipment 991 600
Amortization of intangible assets 7,431 9,175
Deferred income taxes (359) (4,106)
Stock-based compensation 11,202 11,169
Operating lease right-of-use assets amortization and impairments 10,728 9,089
Loss from sale of divested operation 1,775 0
Other, net 1,172 134
Changes in assets and liabilities:    
Accounts receivable 16,852 32,288
Deferred commissions 6,813 8,000
Prepaid expenses and other current assets (6,435) (1,002)
Accounts payable (219) 403
Accrued expenses and other liabilities (36,455) (34,839)
Deferred revenue (4,479) (20,809)
Operating lease liabilities (10,948) (10,581)
Net cash provided by (used in) operating activities (2,031) 9,791
Cash flows from investing activities:    
Purchases of property and equipment (2,743) (3,903)
Purchases of marketable investments (55,800) (964)
Proceeds from maturities of marketable investments 49,735 11,138
Proceeds from sales of marketable investments 7,650 0
Proceeds from sale of divested operation 6,000 0
Other investing activity (68) 33
Net cash provided by investing activities 4,774 6,304
Cash flows from financing activities:    
Payments on borrowings 0 (15,000)
Repurchases of common stock (12,984) (4,082)
Debt issuance costs 0 (25)
Proceeds from issuance of common stock under employee equity incentive plans 2,426 3,485
Taxes paid related to net share settlements of stock-based compensation awards (2,490) (2,620)
Net cash used in financing activities (13,048) (18,242)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 259 242
Net change in cash, cash equivalents and restricted cash (10,046) (1,905)
Cash, cash equivalents and restricted cash, beginning of period 75,042 105,654
Cash, cash equivalents and restricted cash, end of period 64,996 103,749
Supplemental disclosure of cash flow information:    
Cash paid for interest 1,762 1,944
Cash paid for income taxes $ 8,542 $ 10,583