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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net Income (Loss) $ 76,296 $ (54,612)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 9,605 8,448
Stock-based compensation expense 40,537 30,405
Amortization of right-of-use assets 6,458 9,213
Amortization of content assets 9,818 6,123
Provision for doubtful accounts (54) 3,788
Other items, net 31 (14)
Changes in operating assets and liabilities:    
Accounts receivable 32,608 32,458
Inventories 12,649 5,736
Prepaid expenses and other current assets (19,001) (967)
Other non-current assets (60,484) 1,469
Accounts payable (18,857) (13,650)
Accrued liabilities 29,052 4,797
Operating lease liabilities (12,436) 13,560
Other long-term liabilities 548 1,166
Deferred revenue (10,971) (1,979)
Net cash provided by operating activities 95,799 45,941
Cash flows from investing activities:    
Purchases of property and equipment (3,717) (45,317)
Acquisitions of businesses, net of cash acquired (102,804)  
Proceeds from escrows associated with acquisition   1,058
Net cash used in investing activities (106,521) (44,259)
Cash flows from financing activities:    
Proceeds from equity issued under at-the-market offerings, net of offering costs 989,615  
Proceeds from borrowings, net of issuance costs   69,325
Repayments of borrowings (1,250) (1,250)
Proceeds from equity issued under incentive plans 6,705 2,743
Net cash provided by financing activities 995,070 70,818
Net increase in cash, cash equivalents and restricted cash 984,348 72,500
Cash, cash equivalents and restricted cash —Beginning of period 1,093,249 517,333
Cash, cash equivalents and restricted cash —End of period 2,077,597 589,833
Cash, cash equivalents and restricted cash at end of period:    
Cash and cash equivalents 2,077,514 588,294
Restricted cash 83 1,539
Cash, cash equivalents and restricted cash —End of period 2,077,597 589,833
Supplemental disclosures of cash flow information:    
Cash paid for interest 647 1,067
Cash paid for income taxes 277 238
Supplemental disclosures of noncash investing and financing activities:    
Unpaid portion of property and equipment purchases 2,860 14,148
Unpaid portion of acquisition related expenses 1,595  
Unpaid portion of purchased intangibles   $ 400
Unpaid portion of at-the-market offering costs $ 105