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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net (loss) income and comprehensive (loss) income $ 13,342 $ (18,864)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Loss on impairments and disposal of assets 5,167 3,427
Amortization of intangibles 4,031 14,992
Depreciation 9,479 9,750
Non-cash compensation expense 21,473 32,415
Deferred income taxes 586 (2,026)
Bad debt expense 1,894 2,029
Amortization of debt issuance costs 2,736 4,454
Write-off of previously-capitalized debt issuance costs 2,373 0
Amortization of debt discount 0 1,475
Reduction in carrying amount of ROU asset, offset by change in operating lease liabilities (1,923) (333)
Gain on settlement of convertible debt (34,308) 0
Loss on impairment of investments 1,440 0
Changes in current assets and liabilities:    
Accounts receivable 6,809 (19,812)
Prepaid and other current assets 280 (5,593)
Accounts payable, accrued expenses and other current liabilities (4,337) (5,226)
Income taxes receivable (227) (293)
Other, net (591) (302)
Net cash provided by operating activities 28,224 16,093
Cash flows from investing activities:    
Capital expenditures (4,853) (6,346)
Equity investments 0 (16,440)
Net cash used in investing activities (4,853) (22,786)
Cash flows from financing activities:    
Proceeds from term loan 0 250,000
Repayment of term loan (1,250) 0
Payments related to net-share settlement of stock-based compensation, net of proceeds from exercise of stock options (1,042) (2,745)
Purchase of treasury stock 0 (43,009)
Payment of debt costs (1,079) (3)
Net cash (used in) provided by financing activities (159,665) 34,584
Net (decrease) increase in cash, cash equivalents, restricted cash and restricted cash equivalents (136,294) 27,891
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 298,969 251,342
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 162,675 279,233
2025 Convertible Notes    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization of debt issuance costs 1,200 1,500
Cash flows from financing activities:    
Repurchase of Convertible Senior Notes (156,294) 0
2022 Convertible Notes    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization of debt issuance costs   400
Cash flows from financing activities:    
Repurchase of Convertible Senior Notes $ 0 $ (169,659)