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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities    
Net loss $ (83,988) $ (79,250)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization 24,263 20,000
Share-based compensation 62,805 56,337
Excess tax benefit from share-based award activity 0 (133)
Other 380 1,219
Changes in operating assets and liabilities:    
Accounts receivable (15,039) (11,782)
Prepaid expenses and other current assets (5,109) (7,401)
Other assets and liabilities (5,513) (1,829)
Accounts payable 7,237 (2,220)
Accrued liabilities 6,843 2,645
Accrued compensation and related benefits 1,503 812
Deferred revenue 31,357 25,596
Net cash provided by operating activities 24,739 3,994
Cash flows from investing activities    
Purchases of property and equipment (13,334) (12,494)
Internal-use software development costs (5,237) (4,313)
Purchases of marketable securities (135,279) (216,640)
Proceeds from maturities of marketable securities 88,960 23,971
Proceeds from sale of marketable securities 28,144 39,244
Cash paid for the acquisition of Outbound, net of cash acquired (16,470) 0
Net cash used in investing activities (53,216) (170,232)
Cash flows from financing activities    
Proceeds from exercise of employee stock options 18,550 19,886
Proceeds from employee stock purchase plan 10,980 8,704
Taxes paid related to net share settlement of share-based awards (2,415) (626)
Principal payment on debt 0 (323)
Excess tax benefit from share-based award activity 0 133
Net cash provided by financing activities 27,115 27,774
Effect of exchange rate changes on cash and cash equivalents 288 (173)
Net decrease in cash and cash equivalents (1,074) (138,637)
Cash and cash equivalents at beginning of period 93,677 216,226
Cash and cash equivalents at end of period 92,603 77,589
Supplemental cash flow data:    
Cash paid for income taxes and interest 1,532 968
Non-cash investing and financing activities:    
Share-based compensation capitalized in internal-use software development costs 1,984 1,761
Balance of property and equipment in accounts payable and accrued expenses 1,384 2,466
Property and equipment acquired through tenant improvement allowances 437 64
Vesting of early exercised stock options $ 317 $ 509