XML 18 R7.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net loss $ (40,076) $ (27,497)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 26,522 23,260
Stock-based compensation 21,021 23,692
Amortization of debt discount and issuance cost 8,203 7,776
Allowance for credit losses 542 583
Deferred income taxes 261 375
Change in fair value of contingent consideration 5,788 1,052
Impairment of capitalized software development costs 0 3,579
Other non-cash expenses 2,546 1,872
Changes in operating assets and liabilities:    
Accounts receivable 2,615 (5,332)
Prepaid expenses and other current assets 158 (11,084)
Accounts payable and other current liabilities 4,893 9,053
Payments for contingent consideration and bonuses (15,418) 0
Accrued compensation and benefits (4,334) (1,743)
Deferred revenues 450 4,405
Net cash provided by operating activities 13,171 29,991
Cash flows from investing activities:    
Purchases of property and equipment (6,648) (7,412)
Purchase of intangible assets (3,000) (14,811)
Proceeds from maturities of short-term investment 0 20,738
Net cash used in investing activities (9,648) (1,485)
Cash flows from financing activities:    
Proceeds from issuances of common stock under stock plans 1,579 3,113
Payments for taxes related to net share settlement of equity awards (5,456) (8,181)
Repurchases and retirement of common stock under share repurchase program 0 (87,097)
Principal payments on promissory note and capital lease obligations (100) (236)
Payments for contingent consideration (14,582) 0
Net cash used in financing activities (18,559) (92,401)
Effect of exchange rates on cash and cash equivalents 126 1
Net decrease in cash and cash equivalents (14,910) (63,894)
Cash and cash equivalents at beginning of period 224,764 302,028
Cash and cash equivalents at end of period 209,854 238,134
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 149 240
Cash paid for interest 1,753 1,764
Supplemental disclosures of noncash investing and financing activities:    
Fixed asset purchases not yet paid 924 599
Intangible asset acquisitions not yet paid $ 2,250 $ 0