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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash from operating activities      
Net (loss) income $ (68,119) $ 1,028 $ 158,403
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 30,820 29,032 25,507
Amortization of operating lease right-of-use assets 3,187 3,199 3,701
Impairment, net 22,022 0 0
Deferred income taxes (993) 250 29,002
Stock-based compensation, including as amortized 43,234 17,154 10,308
Gain on sale of business (4,156) (380) (187,658)
Gain on sale of equity-method investment and recovery of note receivable (40) (12,767) 0
Other 175 249 125
Changes in operating assets and liabilities:      
Accounts receivable (4,198) (2,103) (2,782)
Prepaid expenses and other current assets (5,398) (2,168) (5,894)
Other assets (1,883) (1,259) (519)
Accounts payable 1,176 497 (903)
Accrued employee expenses 4,281 11,264 2,799
Accrued expenses 3,452 (1,773) 6,878
Operating lease liabilities (2,524) 1,268 (564)
Other liabilities 4,329 (8,100) 9,896
Net cash provided by operating activities 25,365 35,391 48,299
Cash from investing activities      
Purchases of available-for-sale investments (79,279) (241,215) (43,877)
Proceeds from sales of available-for-sale investments 994 43,198 16,711
Proceeds from maturities of available-for-sale investments 87,883 107,354 27,330
Purchases of property and equipment (6,540) (8,103) (19,038)
Capitalization of software development costs (14,688) (24,615) (26,042)
Proceeds from sale of business, net of cash divested 5,124 402 191,427
Proceeds from sale of equity-method investment 40 12,520 0
Net cash (used in) provided by investing activities (6,466) (110,459) 146,511
Cash from financing activities      
Proceeds from stock option exercises 4,474 2,614 822
Tax withholding for net share settlement (10,637) (9,962) (12,196)
Payment of contingent consideration 0 0 (5,977)
Proceeds from issuance of debt 0 0 50,752
Principal payments on debt 0 0 (99,565)
Purchase of treasury stock 0 0 (4,194)
Net cash used in financing activities (6,163) (7,348) (70,358)
Net increase (decrease) in cash and cash equivalents 12,736 (82,416) 124,452
Cash, cash equivalents and restricted cash      
Beginning of period 58,283 140,699 16,247
End of period 71,019 58,283 140,699
Supplemental disclosure of cash flow information      
Cash paid for interest 0 0 1,815
Cash paid for income taxes 3,338 9,324 85
Cash paid for amounts included in the measurement of lease liabilities included in operating cash flows 3,933 1,618 2,198
Right-of-use assets obtained in exchange for operating lease liabilities $ 0 $ 11,945 $ 6,644