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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities:    
Net loss $ (29,065) $ (8,993)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Amortization of acquisition-related intangible assets 15,506 15,614
Stock-based compensation plan expense 41,848 33,644
Depreciation and other amortization 28,955 24,290
Gain on sale of cost-method investment (80) 0
Deferred income tax benefit (1,900) (92)
Change in provision for allowances on accounts receivable (293) 218
Amortization of debt issuance costs 332 310
Amortization of premium on investments 52 58
Fair value adjustment on other investments (2,576) 0
Gain on other investments 0 (166)
Loss on disposal of equipment 4 38
(Gain) loss on foreign exchange (370) 292
Changes in operating assets and liabilities:    
Accounts receivable (8,732) (5,942)
Prepaid expenses and other current assets (2,279) (4,612)
Operating lease right-of-use asset, net (972) (5,055)
Other assets (808) (5,160)
Accounts payable 4,338 808
Accrued expenses 7,129 707
Operating lease liabilities 1,170 5,734
Customer account liabilities (2,621) 1,391
Deferred revenue 12,918 8,924
Other liabilities 694 (611)
Net cash provided by operating activities 63,250 61,397
Investing activities:    
Acquisition of businesses and assets, net of cash acquired (15,115) (41,331)
Investment distributions received 161 0
Purchases of other investments (125) (7,150)
Issuance of note receivable 0 (2,600)
Purchases of available-for-sale securities (900) (10,224)
Proceeds from sales of available-for-sale securities 10,100 10,100
Capital expenditures, including capitalization of software costs (29,209) (24,267)
Net cash used in investing activities (35,088) (75,472)
Financing activities:    
Repurchase of common stock (50,000) (10,755)
Repayment of amounts borrowed under revolving credit facility 0 (50,000)
Proceeds from exercise of stock options and employee stock purchase plan 4,760 4,589
Net cash used in financing activities (45,240) (56,166)
Effect of exchange rate changes on cash (2,278) 5,849
Decrease in cash, cash equivalents and restricted cash (19,356) (64,392)
Cash, cash equivalents and restricted cash at beginning of period 143,768 201,136
Cash, cash equivalents and restricted cash at end of period 124,412 136,744
Cash and cash equivalents at end of period 117,605 128,188
Cash held for customers at end of period 6,807 8,556
Cash, cash equivalents and restricted cash at end of period 124,412 136,744
Supplemental disclosures of non-cash investing activities:    
Issuance of common stock in connection with acquisition $ 0 $ 8,183