XML 16 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income (loss) $ 14,898 $ 13,710 [1]
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 29,363 23,889 [1]
Stock-based compensation expense 50,236 49,346 [1]
(Gain) loss from foreign currency, sales of investments, assets and other, net 497 (206) [1]
(Accretion) and amortization on marketable debt securities, net (2,043) (172) [1]
Noncash consideration received (1,494)  
Change in deferred income taxes and other (1,809) 4,222 [1]
Changes in operating assets and liabilities:    
Accounts receivable, net 7,302 (12,150) [1]
Other assets (14,833) 359 [1]
Accounts payable (18,613) (6,012) [1]
Deferred revenue 43,758 1,913 [1]
Income tax payable (5,180) 2,003 [1]
Other liabilities (23,770) (8,907) [1]
Net cash provided by (used in) operating activities 78,312 67,995 [1]
Cash flows from investing activities:    
Purchases of short-term investments (267,435) (255,301) [1]
Maturities of short-term investments 384,300  
Sales of short-term investments 9,999  
Acquisition of property and equipment (7,505) (6,878) [1]
Proceeds from sale of property and equipment 33 221 [1]
Business acquisitions, net of cash acquired and restricted cash held in escrow (222,075) (27,581) [1]
Release of restricted cash escrow from business combinations (22,800) (2,500) [1]
Other investing activities, net 375 (7,225) [1]
Net cash provided by (used in) investing activities (125,108) (299,264) [1]
Cash flows from financing activities:    
Taxes paid related to net share settlement of stockholders' equity awards (19,363) (14,576) [1]
Repurchases of common stock (73,811) (96,924) [1]
Proceeds from issuance of common stock 8,925 8,249 [1]
Acquisition-related contingent consideration payment [1]   (5,115)
Net cash provided by (used in) financing activities (84,249) (108,366) [1]
Effect of exchange rate changes on cash, cash equivalents and restricted cash (3,179) 4,108 [1]
Net change in cash, cash equivalents and restricted cash (134,224) (335,527) [1]
Cash, cash equivalents and restricted cash, beginning of period 405,677 861,716 [1]
Cash, cash equivalents and restricted cash, end of period 271,453 526,189 [1]
Supplemental cash flow information:    
Income taxes paid 13,991 $ 3,559 [1]
Noncash investing activity:    
Software acquired as noncash consideration $ 1,494  
[1] Prior period amounts retrospectively adjusted to reflect the adoption of ASU 2016-18, “Statement of Cash Flows (Topic 230): Restricted Cash”. Refer to Note 1 – “Overview and Summary of Significant Accounting Policies” in the notes to the interim consolidated financial statements for further discussion on the adoption.