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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities:    
Net loss $ (38,282) $ (9,341)
Adjustments to reconcile net loss to net cash and cash equivalents provided by operating activities, net of acquisitions    
Depreciation and amortization 16,570 12,798
Stock-based compensation 83,037 45,704
Restructuring charges 2,281  
Gain on strategic investments   (4,221)
Provision on (benefit from) deferred income taxes 47 (246)
Amortization of debt discount and issuance costs 484 507
(Accretion) amortization of bond discount (8,008) 585
Unrealized currency translation (358) 703
Changes in assets and liabilities    
Accounts receivable 30,615 3,552
Prepaid expenses and other assets (20,417) (3,927)
Deferred commission expense (18,539) (8,354)
Right-of-use assets 8,483 6,528
Accounts payable (17,873) 3,625
Accrued expenses and other liabilities 24,221 7,135
Operating lease liabilities (9,829) (2,318)
Deferred revenue 28,638 29,496
Net cash and cash equivalents provided by operating activities 81,070 82,226
Investing Activities:    
Purchases of investments (362,246) (435,547)
Maturities of investments 287,967 405,219
Purchases of property and equipment (3,310) (9,940)
Purchases of strategic investments (6,000) (5,046)
Capitalization of software development costs (15,122) (9,722)
Net cash and cash equivalents used in investing activities (98,711) (55,036)
Financing Activities:    
Repayment of Convertible Notes attributable to the principal   (1,619)
Employee taxes paid related to the net share settlement of stock-based awards (1,198) (4,354)
Proceeds related to the issuance of common stock under stock plans 11,254 11,852
Net cash and cash equivalents provided by financing activities 10,056 5,879
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 1,722 (1,649)
Net (decrease) increase in cash, cash equivalents and restricted cash (5,863) 31,420
Cash, cash equivalents and restricted cash, beginning of period 334,175 380,042
Cash, cash equivalents and restricted cash, end of period 328,312 411,462
Supplemental cash flow disclosure:    
Cash paid for income taxes 4,063 1,683
Right-of-use assets obtained in exchange for operating lease liabilities   3,754
Right-of-use asset reductions related to operating lease terminations (1,235)  
Non-cash investing and financing activities:    
Capital expenditures incurred but not yet paid 5,919 2,287
Asset retirement obligations $ (108) $ 1,188