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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net income $ 23.9 $ 6.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 29.7 18.8
Non-cash interest 33.6 24.3
Stock-based compensation 20.3 20.7
Loss on extinguishment of debt 0.0 6.4
Provision for credit losses 3.1 2.6
Other 0.3 1.9
Changes in operating assets and liabilities:    
Accounts receivable (19.9) (6.8)
Inventories (22.9) (20.0)
Prepaid expenses and other assets (16.8) (4.0)
Accounts payable, accrued expenses and other current liabilities 36.1 (1.7)
Other liabilities (2.4) 2.7
Net cash provided by operating activities 85.0 51.5
Cash flows from investing activities    
Capital expenditures (88.5) (114.6)
Acquisition of intangible assets (8.3) (6.4)
Purchases of investments (37.9) (63.9)
Receipts from the maturity or sale of investments 200.0 165.3
Net cash provided by (used in) investing activities 65.3 (19.6)
Cash flows from financing activities    
Proceeds from issuance of common stock, net of issuance costs 477.5 0.0
Proceeds from issuance of convertible notes, net of issuance costs 0.0 780.2
Repayment of convertible debt 0.0 (453.6)
Purchase of capped call options 0.0 (85.4)
Proceeds from exercise of stock options and issuance of common stock under employee stock purchase plan 24.8 42.9
Payment of withholding taxes in connection with vesting of restricted stock units (26.9) (8.2)
Net cash provided by financing activities 475.4 275.9
Effect of exchange rate changes on cash (1.3) (1.8)
Net increase in cash, cash equivalents and restricted cash 624.4 306.0
Cash, cash equivalents and restricted cash at beginning of period 213.7 113.9
Cash, cash equivalents and restricted cash at end of period 838.1 419.9
Supplemental noncash information:    
Purchases of property and equipment included in accounts payable and accrued expenses 4.7 10.2
Lease liabilities arising from obtaining right-of-use assets $ 2.1 $ 5.1