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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES:    
Net loss $ (7,397) $ (12,698)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 19,355 16,916
Provision for credit loss 330 930
Amortization of debt discount and issuance costs 8,513 8,067
Stock-based compensation expense 31,229 13,939
Deferred income taxes (510) (5,441)
Other, net 40 13
Changes in assets and liabilities:    
Accounts receivable 26,770 16,213
Prepaid expenses and other current assets (7,612) (1,055)
Other long-term assets (5,018) 867
Accounts payable (2,432) (3,321)
Accrued compensation and benefits 481 1,274
Other accrued expenses and current liabilities 483 (5,873)
Deferred revenue (8,638) (2,452)
Net cash provided by operating activities 55,594 27,379
INVESTING ACTIVITIES:    
Capital expenditures (6,811) (4,006)
Payments for acquisition of businesses, net of cash acquired (5,472) (32,279)
Payments for acquisition of developed technology (344) (433)
Other investing activities, net (284) 152
Net cash used in investing activities (12,911) (36,566)
FINANCING ACTIVITIES:    
Proceeds from private placement of common stock 200,000  
Payments on revolving commitment (30,000)  
Proceeds from employee stock purchase plan contributions 2,110  
Proceeds from the exercise of common stock options 2,059 1,094
Borrowings under revolving commitment   30,000
Other financing activities (434) (401)
Net cash provided by financing activities 173,735 30,693
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,951) 676
Net increase in cash, cash equivalents and restricted cash 214,467 22,182
Cash, cash equivalents and restricted cash at beginning of year 241,547 223,497
Cash, cash equivalents and restricted cash at end of period 456,014 245,679
Supplemental disclosure of cash flow:    
Interest paid 344 320
Income taxes paid 8,077 12,142
Supplemental disclosure of non-cash investing and financing activities:    
Finance leases   117
Property and equipment in accounts payable, other current liabilities and other liabilities $ 480 $ 208