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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ (47,917) $ 4,074
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 4,291 2,881
Loss on disposal and abandonment of intangible assets 11 13
Loss on disposal and impairment of property and equipment, net 45 517
Stock-based compensation 89,610 20,195
Deferred income taxes (598) (1,548)
Unrecognized tax benefits 194 341
Other noncash 2,615 1,156
Provision for expected credit losses (335) 902
Change in assets and liabilities:    
Accounts and notes receivable and contract assets 31,298 (9,700)
Inventory 520 (8,630)
Prepaid expenses and other assets (6,952) 2,277
Accounts payable, accrued and other liabilities (18,062) (3,562)
Deferred revenue 6,219 4,499
Net cash provided by operating activities 60,939 13,415
Cash flows from investing activities:    
Purchases of investments (155,825) (99,512)
Proceeds from call / maturity of investments 132,254 84,315
Purchases of property and equipment (10,521) (2,209)
Proceeds from disposal of property and equipment 10 78
Purchases of intangible assets (41) (45)
Strategic Investments (20,000) (4,700)
Net cash used in investing activities (54,123) (22,073)
Cash flows from financing activities:    
Proceeds from options exercised 0 28
Income and payroll tax payments for net-settled stock awards (7,045) (5,190)
Net cash used in financing activities (7,045) (5,162)
Effect of exchange rate changes on cash and cash equivalents (392) (1,890)
Net decrease in cash and cash equivalents (621) (15,710)
Cash and cash equivalents and restricted cash, beginning of period 155,551 172,355
Cash and cash equivalents and restricted cash, end of period $ 154,930 $ 156,645