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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net loss $ (29,647) $ (24,250)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 10,694 12,288
Non-cash leases expense 3,340 3,423
Stock-based compensation expense, net of amounts capitalized 23,599 17,502
Deferred income taxes 99 97
Bad debt expense 307 421
Gain on sale of a private company investment 0 (1,001)
Other 508 317
Changes in assets and liabilities:    
Accounts receivable (76) (1,953)
Prepaid expenses and other assets (4,682) (2,208)
Accounts payable and accrued liabilities 9,251 2,647
Accrued compensation (9,274) (10,452)
Deferred revenue 16,985 11,229
Operating lease liabilities (3,786) (3,827)
Net cash provided by operating activities 17,318 4,233
Cash flows from investing activities    
Purchases of property and equipment 0 (406)
Capitalized internal-use software (2,268) (2,946)
Proceeds from sale of a private company investment 0 1,001
Net cash used in investing activities (2,268) (2,351)
Cash flows from financing activities    
Proceeds from stock option exercises 9,553 13,815
Repayment of debt (550) (550)
Net cash provided by financing activities 9,003 13,265
Effect of exchange rate changes on cash (309) (1,267)
Net increase in cash, cash equivalents and restricted cash 23,744 13,880
Cash, cash equivalents and restricted cash at beginning of period 224,614 131,683
Cash, cash equivalents and restricted cash at end of period 248,358 145,563
Supplemental cash flow data:    
Interest paid for term debt 2,177 2,967
Non-cash investing transactions:    
Stock compensation included in capitalized software costs 559 776
Accrued unpaid capital expenditures 547 204
Lease liabilities arising from obtaining right-of-use assets, net $ 2,676 $ 0