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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities:    
Net loss $ (11,100) $ (15,448)
Adjustments to reconcile net loss to net cash and cash equivalents provided by operating activities    
Depreciation and amortization 6,973 5,110
Stock-based compensation 21,205 16,046
Benefit for deferred income taxes (28)  
Amortization of debt discount and issuance costs 5,260 4,908
Accretion of bond discount (2,751) (1,164)
Noncash lease expense   794
Unrealized currency translation (281) 36
Changes in assets and liabilities    
Accounts receivable 7,758 6,863
Prepaid expenses and other assets 886 1,880
Deferred commission expense (3,334) (5,068)
Right-of-use assets 5,505  
Accounts payable 4,911 166
Accrued expenses and other liabilities (2,071) 1,674
Lease liabilities (4,110)  
Deferred rent   (48)
Deferred revenue 8,893 10,973
Net cash and cash equivalents provided by operating activities 37,716 26,722
Investing Activities:    
Purchases of investments (386,501) (210,886)
Maturities of investments 183,460 256,250
Purchases of property and equipment (4,265) (6,239)
Capitalization of software development costs (2,821) (2,616)
Purchases of strategic investments   (250)
Net cash and cash equivalents (used in) provided by investing activities (210,127) 36,259
Financing Activities:    
Proceeds from common stock offering, net of offering costs paid of $256 342,739  
Employee taxes paid related to the net share settlement of stock-based awards (1,084) (2,344)
Proceeds related to the issuance of common stock under stock plans 5,690 6,113
Repayments of finance lease obligations (118) (212)
Net cash and cash equivalents provided by financing activities 347,227 3,557
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (784) 677
Net increase in cash, cash equivalents and restricted cash 174,032 67,215
Cash, cash equivalents and restricted cash, beginning of period 117,114 92,784
Cash, cash equivalents and restricted cash, end of period 291,146 159,999
Supplemental cash flow disclosure:    
Cash paid for interest   15
Cash paid for income taxes 1,027 45
Right of use assets obtained in exchange for operating lease liabilities 12,410  
Non-cash investing and financing activities:    
Common stock offering costs, incurred but not yet paid 109  
Capital expenditures incurred but not yet paid $ 2,802 1,382
Asset retirement obligations   $ 101