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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ (14,460) $ 10,005
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 6,310 6,056
Amortization of intangible assets 16,963 770
Net losses from investments 61 62
Deferred income taxes (9,257) (1,305)
Stock-based compensation 8,605 6,191
Operating lease right-of-use asset amortization and impairments 9,647  
Amortization of deferred financing fees 720  
Amortization of discount on investments   (17)
Foreign currency losses 524 462
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable 33,384 31,857
Deferred commissions 2,036 3,716
Prepaid expenses and other current assets (610) (68)
Accounts payable 828 19
Accrued expenses and other liabilities (6,550) (12,111)
Deferred revenue 6,532 (8,205)
Operating lease liabilities (9,111)  
Net cash provided by operating activities 45,622 37,432
Cash flows from investing activities:    
Acquisitions, net of cash acquired (237,684) (9,250)
Purchases of property and equipment (8,362) (3,161)
Purchases of marketable investments   (31,831)
Proceeds from sales and maturities of marketable investments   33,802
Other investing activity 29  
Net cash used in investing activities (246,017) (10,440)
Cash flows from financing activities:    
Proceeds from borrowings, net of costs 171,275  
Payments on borrowings (40,688)  
Payment of debt issuance costs (857)  
Deferred acquisition payments (2,802)  
Dividends paid on common stock   (10,839)
Repurchases of common stock   (9,946)
Proceeds from issuance of common stock under employee equity incentive plans 5,589 11,217
Taxes paid related to net share settlements of stock-based compensation awards (2,232) (2,509)
Net cash provided by (used in) financing activities 130,285 (12,077)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,212) (2,648)
Net change in cash, cash equivalents and restricted cash (71,322) 12,267
Cash and cash equivalents, beginning of period 140,296 79,790
Cash, cash equivalents and restricted cash, end of period 68,974 92,057
Supplemental disclosure of cash flow information:    
Cash paid for interest 5,466  
Cash paid for income taxes $ 3,305 $ 3,263