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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net loss $ (124,100) $ (77,598)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 18,136 11,956
Share-based compensation 68,120 28,693
Provision for transaction losses 23,392 21,566
Provision for (reduction in) uncollectible merchant cash advances (93) 3,148
Deferred provision for income taxes 63 (207)
Loss on disposal of property and equipment 131 240
Changes in operating assets and liabilities:    
Settlements receivable (62,169) (56,326)
Purchase of loans held for sale (212,727) 0
Proceeds from sales and principal payments of loans held for sale 183,748 0
Merchant cash advance receivable 15,298 (6,145)
Other current assets (7,313) (4,735)
Other assets (377) 1,177
Accounts payable 2,538 3,408
Customers payable 84,826 67,286
Charge-offs and recoveries to accrued transaction losses (24,475) (14,174)
Accrued expenses (13,784) 3,834
Other current liabilities 13,446 (10)
Other noncurrent liabilities (431) 7,388
Net cash used in operating activities (35,771) (10,499)
Cash flows from investing activities:    
Purchase of marketable securities (102,245) 0
Proceeds from maturities of marketable securities 16,768 0
Proceeds from sale of marketable securities 4,964 0
Purchase of property and equipment (15,840) (20,760)
Payment for acquisition of intangible assets (400) (110)
Change in restricted cash (8,453) 0
Business acquisitions (net of cash acquired) 0 (3,750)
Net cash used in investing activities (105,206) (24,620)
Cash flows from financing activities:    
Payments of offering costs related to initial public offering (5,530) 0
Proceeds from issuances of common stock from the exercise of options and employee stock purchase plan 15,496 8,633
Net cash provided by financing activities 9,966 8,633
Effect of foreign exchange rate changes on cash and cash equivalents 2,672 (874)
Net decrease in cash and cash equivalents (128,339) (27,360)
Cash and cash equivalents, beginning of period 470,775 225,300
Cash and cash equivalents, end of period $ 342,436 $ 197,940