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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net income (loss) $ (18,784) $ 13,260
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 135,297 136,015
Provision for losses on accounts receivable 895 2,960
Stock-based compensation expense 33,522 24,245
Amortization of debt issuance costs 4,498 4,570
Deferred taxes (17,527) (16,032)
(Gain) loss on foreign currency exchange rates (674) 1,639
Other non-cash expenses (benefits) 1,033 (900)
Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in business combinations:    
Accounts receivable 15,455 13,854
Income taxes receivable (2,446) (104)
Prepaid and other assets (8,492) (1,224)
Accounts payable (7,441) (2,794)
Accrued liabilities and other (2,791) 1,239
Accrued interest payable (4) (89)
Income taxes payable (30,491) 4,022
Deferred revenue (18,736) 3,363
Other long-term liabilities (276) 66
Net cash provided by operating activities 83,038 184,090
Cash flows from investing activities    
Purchases of property and equipment (18,124) (12,123)
Purchases of intangible assets (3,823) (4,182)
Acquisitions, net of cash acquired 447 0
Net cash used in investing activities (21,500) (16,305)
Cash flows from financing activities    
Proceeds from issuance of common stock under employee stock purchase plan 3,129 2,357
Repurchase of common stock and incentive restricted stock (10,059) (2,376)
Exercise of stock options 401 309
Repayments of borrowings from credit agreement (9,950) (9,950)
Payment of debt issuance costs (903) 0
Net cash used in financing activities (17,382) (9,660)
Effect of exchange rate changes on cash and cash equivalents (4,019) (83)
Net increase in cash and cash equivalents 40,137 158,042
Cash and cash equivalents    
Beginning of period 370,498 173,372
End of period 410,635 331,414
Supplemental disclosure of cash flow information    
Cash paid for interest 27,995 38,149
Cash paid for income taxes $ 35,715 $ 16,755