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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities attributable to continuing operations:    
Net (loss) income and comprehensive (loss) income $ (39,999) $ 15,970
Less: Loss from discontinued operations, net of tax 25,550 22,024
Net (loss) income from continuing operations (14,449) 37,994
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Loss (gain) on impairments and disposal of assets 686 (1,119)
Amortization of intangibles 40,603 41,485
Depreciation 10,463 7,737
Non-cash compensation expense 39,236 40,832
Deferred income taxes (15,489) (11,532)
Change in fair value of contingent consideration 7,711 21,221
Bad debt expense 1,314 1,865
Amortization of debt issuance costs 2,241 1,463
Amortization of convertible debt discount 12,429 8,959
Loss on extinguishment of debt 7,768 0
Reduction in carrying amount of ROU asset, offset by change in operating lease liabilities 2,490 302
Changes in current assets and liabilities:    
Accounts receivable 15,541 (50,030)
Prepaid and other current assets (335) (865)
Accounts payable, accrued expenses and other current liabilities (9,733) 11,047
Current contingent consideration (2,670) (3,000)
Income taxes receivable 65 4,513
Other, net (1,655) 8
Net cash provided by operating activities attributable to continuing operations 96,216 110,880
Cash flows from investing activities attributable to continuing operations:    
Capital expenditures (20,386) (15,151)
Proceeds from sale of fixed assets 0 24,060
Equity investment (80,000) 0
Net cash used in investing activities attributable to continuing operations (100,386) (96,187)
Cash flows from financing activities attributable to continuing operations:    
Payments related to net-share settlement of stock-based compensation, net of proceeds from exercise of stock options (1,421) (9,459)
Proceeds from the issuance of 0.50% Convertible Senior Notes 575,000 0
Repurchase of 0.625% Convertible Senior Notes (233,862) 0
Payment for convertible note hedge on the 0.50% Convertible Senior Notes (124,200) 0
Termination of convertible note hedge on the 0.625% Convertible Senior Notes 109,881 0
Proceeds from the sale of warrants related to the 0.50% Convertible Senior Notes 61,180 0
Termination of warrants related to the 0.625% Convertible Senior Notes (94,292) 0
Net repayment of revolving credit facility (75,000) (40,000)
Payment of debt issuance costs (16,398) (31)
Contingent consideration payments (3,330) (3,000)
Purchase of treasury stock 0 (4,286)
Other financing activities (183) (3)
Net cash provided by (used in) financing activities attributable to continuing operations 197,375 (56,779)
Total cash provided by (used in) continuing operations 193,205 (42,086)
Net cash used in operating activities attributable to discontinued operations (66,171) (12,316)
Total cash used in discontinued operations (66,171) (12,316)
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents 127,034 (54,402)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 60,339 105,158
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 187,373 50,756
Non-cash investing activities:    
Capital additions from tenant improvement allowance 0 1,490
ValuePenguin    
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses, net of cash acquired 0 (105,578)
QuoteWizard    
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Change in fair value of contingent consideration 6,364 21,171
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses, net of cash acquired 0 482
Ovation    
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Change in fair value of contingent consideration 1,270 (825)
SnapCap    
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Change in fair value of contingent consideration $ 77 $ 1,822