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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ 7,564 $ (14,460)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 7,398 6,310
Impairment of property and equipment 626  
Amortization of intangible assets 14,147 16,963
Net (gains) losses from investments (2,365) 61
Deferred income taxes (1,600) (9,257)
Stock-based compensation 7,964 8,605
Operating lease right-of-use asset amortization and impairments 10,525 9,647
Amortization of deferred financing fees 736 720
Foreign currency losses 277 524
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable 30,226 33,384
Deferred commissions 5,916 2,036
Prepaid expenses and other current assets 1,693 (610)
Accounts payable 1,183 828
Accrued expenses and other liabilities (22,481) (6,550)
Deferred revenue (23,554) 6,532
Operating lease liabilities (9,056) (9,111)
Net cash provided by operating activities 29,199 45,622
Cash flows from investing activities:    
Acquisitions, net of cash acquired   (237,684)
Purchases of property and equipment (7,279) (8,362)
Other investing activity 4,335 29
Net cash used in investing activities (2,944) (246,017)
Cash flows from financing activities:    
Proceeds from borrowings, net of costs   171,275
Payments on borrowings (21,031) (40,688)
Payment of debt issuance costs   (857)
Deferred acquisition payments (1,064) (2,802)
Proceeds from issuance of common stock under employee equity incentive plans 3,514 5,589
Taxes paid related to net share settlements of stock-based compensation awards (2,876) (2,232)
Net cash provided by (used in) financing activities (21,457) 130,285
Effect of exchange rate changes on cash, cash equivalents and restricted cash (580) (1,212)
Net change in cash, cash equivalents and restricted cash 4,218 (71,322)
Cash, cash equivalents and restricted cash, beginning of period 69,192 140,296
Cash, cash equivalents and restricted cash, end of period 73,410 68,974
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,385 5,466
Cash paid for income taxes $ 2,338 $ 3,305