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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Net loss $ (5,281) $ (21,674)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 7,220 6,783
Share-based compensation 73,240 79,459
Non-cash charitable contributions 0 20,490
Other 2,978 2,029
Changes in assets and liabilities:    
Accounts receivable 180,203 176,564
Prepaid expenses and other assets (8,285) (91)
Operating lease right-of-use assets 12,394 10,288
Accounts payable (4,638) (717)
Accrued expenses and other liabilities (31,620) 8,298
Operating lease liabilities (12,822) (10,850)
Net cash provided by operating activities 213,389 270,579
Investing activities    
Purchases of property and equipment and intangible assets (6,902) (1,251)
Purchases of marketable securities (155,181) (263,170)
Sales of marketable securities 4,168 79,831
Maturities of marketable securities 207,319 149,532
Net cash provided by (used in) investing activities 49,404 (35,058)
Financing activities    
Proceeds from exercise of stock options, net 1,036 9,344
Net cash provided by financing activities 1,036 9,344
Effect of exchange rate changes on cash, cash equivalents and restricted cash 333 (355)
Net increase in cash, cash equivalents and restricted cash 264,162 244,510
Cash, cash equivalents and restricted cash, beginning of period 1,427,064 678,911
Cash, cash equivalents and restricted cash, end of period 1,691,226 923,421
Supplemental cash flow information    
Accrued property and equipment 3,462 125
Operating lease right-of-use assets obtained in exchange for operating lease liabilities $ 7,085 $ 630