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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (94,791) $ (36,503)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 32,239 21,248
Non-cash reduction to the right-of-use asset 8,023 4,854
Amortization of debt discount and issuance costs 6,178 5,841
Stock-based compensation 69,025 58,324
Tax benefit related to release of valuation allowance (162) (51,644)
Allowance for credit losses 4,170 11
Value of donated common stock 2,701 0
Other adjustments 4,352 (444)
Changes in operating assets and liabilities:    
Accounts receivable (23,123) (206)
Prepaid expenses and other current assets (8,130) (9,479)
Other long-term assets (5,759) (2,959)
Accounts payable (20,803) 1,161
Accrued expenses and other current liabilities 44,840 4,348
Deferred revenue and customer deposits 589 377
Operating right of use liability (7,008) (1,784)
Long-term liabilities 3,194 (2,258)
Net cash provided by (used in) operating activities 15,535 (9,113)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions, net of cash acquired, and other related payments (2,377) 156,783
Purchases of marketable securities and other investments (228,025) (419,498)
Proceeds from sales and maturities of marketable securities 316,992 140,518
Capitalized software development costs (8,626) (5,351)
Purchases of long-lived assets (6,319) (2,653)
Net cash provided by (used in) investing activities 71,645 (130,201)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on finance leases and notes payable (1,954) (1,455)
Proceeds from exercises of stock options 8,231 15,328
Value of equity awards withheld for tax liabilities (1,674) (1,062)
Net cash provided by financing activities 4,603 12,811
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 91,783 (126,503)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period 253,735 505,334
CASH, CASH EQUIVALENTS AND RESTRICTED CASH —End of period 345,518 378,831
Cash paid for income taxes, net 257 (34)
Cash paid for interest 198 148
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Purchases of property, equipment and intangible assets, accrued but not paid 5,510 1,821
Purchases of property and equipment through finance leases 0 13,616
Value of common stock issued and stock awards assumed in acquisition 0 2,850,518
Stock-based compensation capitalized in software development costs $ 3,418 $ 1,623