XML 53 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net loss attributable to Marketo $ (54,346) $ (38,424)
Net loss and adjustment attributable to redeemable non-controlling interests 1,306 (376)
Net loss (53,040) (38,800)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Depreciation and amortization 10,072 6,776
Stock-based compensation expense 29,674 17,433
Deferred income taxes 351 (47)
Provision for allowance for doubtful accounts 402 291
Changes in operating assets and liabilities:    
Accounts receivable (4,712) 231
Prepaid expenses and other current assets (1,632) (1,928)
Other assets (813) (634)
Accounts payable 2,132 94
Accrued expenses and other current liabilities 1,423 (6,632)
Deferred revenue 19,645 12,329
Other liabilities 232 49
Net cash provided by (used in) operating activities 3,734 (10,838)
Cash flows from investing activities:    
Increase in Restricted Cash (215)  
Purchase of property and equipment (11,620) (6,242)
Capitalized software development (926) (463)
Net cash used in investing activities (12,761) (6,705)
Cash flows from financing activities:    
Proceeds from issuance of common stock upon exercise of stock options 4,765 4,714
Proceeds from the issuance of common stock issued under the employee stock purchase plan 5,629 6,143
Investment from redeemable non-controlling interests 1,678 1,953
Repurchase of unvested common stock from terminated employees (32) (48)
Withholding taxes remitted for the net share settlement of an equity awards (400) (2,120)
Repayment of debt (2,029) (1,524)
Payment of deferred follow-on offering costs   (104)
Payment incurred for common stock registration related to acquisition   (319)
Net cash provided by financing activities 9,611 8,695
Effect of foreign exchange rate changes on cash and cash equivalents (375) (657)
Net decrease in cash and cash equivalents 209 (9,505)
Cash and cash equivalents - beginning of period 112,644 128,299
Cash and cash equivalents - end of period 112,853 118,794
Supplemental disclosures of cash flow information:    
Cash paid for interest 136 213
Cash paid for income taxes 321 101
Supplemental disclosure of noncash investing and financing activities:    
Vesting of early exercise options 111 236
Unpaid and accrued fixed assets 1,189 2,422
Property and equipment acquired through tenant improvement allowance $ 211 $ 973