DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Prior Period Adjustments

The following table presents the effects of the changes on the presentation of these cash flows to the previously reported condensed consolidated statements of cash flows (in thousands):

		Three Months Ended March 31, 2021
	Net cash provided by (used in):	As Previously Reported (i)		Adjustments		As Adjusted
	Operating activities (ii)	$	(97,741)	$	68,548	$	(29,193)
	Investing activities	(158,023)		—		(158,023)
	Financing activities (iii)	180,992		938,596		1,119,588
	Effect of foreign exchange rate on cash and cash equivalents	(8,206)		—		(8,206)
	Net increase (decrease) in cash, cash equivalents, restricted cash, and customer funds	(82,978)		1,007,144		924,166
	Cash, cash equivalents, restricted cash, and customer funds, beginning of the period	3,201,863		1,591,308		4,793,171
	Cash, cash equivalents, restricted cash, and customer funds, end of period	$	3,118,885	$	2,598,452	$	5,717,337
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(i)	As reported in our 2021 Form 10-Q filed with the SEC on May 6, 2021.
(ii)	Financial statement lines impacted in operating activities were Customer funds and Customers payable.
(iii)	Financial statement line impacted in financing activities was the addition of a new line called Change in customer funds, restricted from use in the Company's operations.