XML 30 R8.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating Activities          
Net income (loss) $ 3,931 $ (106,961) $ (125,934) $ 119,040 $ (259,995)
Adjustments to reconcile net income (loss) to operating activities:          
Amortization, depreciation and write-offs 315,409 157,223 254,951 92,806 16,061
Amortization of debt issuance costs and discount 8,980 5,753 8,152 4,979 428,211
Stock-based compensation 91,828 19,362 62,387 10,222 5,465
Change in operating right-of-use asset 18,199 4,375 9,333 2,602 0
Lease modification and abandonment of leasehold improvements 0 7,851 7,851 0  
(Gain) loss on extinguishments of acquisition related contingent consideration     74,820   (10,763)
Loss on extinguishments of acquisition related contingent consideration 0 74,712      
Change in fair value of contingent consideration (230) 0 442 0  
Loss on settlement of debt 16,852 0      
Gain on embedded derivative     (5,680) 0  
Change in the fair value remeasurement of convertible security     1,500 0  
Net unrealized gains on fair value remeasurement of financial instruments (9,305) (4,400)      
Net (gain) loss on foreign currency remeasurement (4,080) 1,304 2,097 14  
Changes in operating assets and liabilities:          
Accounts receivable (99,999) (27,062) (113,234) (33,524) (30,191)
Prepaid expenses and other current assets (107,461) (32,515) (13,289) (19,867) 11,087
Other assets 7,729 2,572 (19,092) (1,485) (907)
Accounts payable 49,345 (4,205) 49,120 13,534 (21,071)
Operating lease liabilities (18,270) (3,674) (8,812) (2,242)  
Accrued and other liabilities 11,211 (2,389) 2,783 5,661 1,133
Deferred revenue (7,303) 30,780 35,488 6,722  
Net cash provided by operating activities 276,836 122,726 222,883 198,462 139,030
Investing Activities          
Purchase of property and equipment (962) (2,842) (3,241) (3,358) (1,399)
Acquisitions, net of cash acquired (1,198,789) (559,080) (674,650) (404,196) (65,943)
Purchase of non-marketable investments and other (15,000) (1,500)      
Purchase of Nonmarketable Securities     (2,000) (4,000) 0
Refund of lease deposits         173
Proceeds from other investing activities 11,358 0      
Capitalized software development costs (2,859) 0      
Net cash used in investing activities (1,206,252) (563,422) (679,891) (411,554) (67,169)
Financing Activities          
Proceeds from issuance of common stock in initial public offering, net of issuance costs as adjusted for cost reimbursement 1,745,228 0      
Proceeds from debt issuance, net of issuance costs 844,729 331,346 481,273 388,859 791,062
Payments of debt principal (711,482) (60,493) (64,295) (11,208) (1,183,000)
Payments of finance leases (9,690) (7,342) (9,708) (5,663) (5,930)
Payments Of Revolver Fess         (1,041)
Proceeds from issuance of preferred stock, net of issuance costs         399,589
Proceeds From Early Exercise Of Stock Awards         909
Proceeds from exercise of stock options 25,486 1,104 2,303 2,637 70
Proceeds from issuance of common stock     9,318    
Payments of deferred acquisition costs (231,664) (14,442) (17,586) (41,454) 0
Payments of Licensed Asset Obligation     (18,940)    
Repurchases of common stock 0 (1,766) (1,766) (11) (21)
Payments of deferred IPO costs 0 (220) (2,744) 0  
Net cash provided by financing activities 1,662,607 248,187 377,855 333,160 1,638
Effect of foreign exchange rate on cash and cash equivalents (809) 65 141 60 39
Net increase (decrease) in cash and cash equivalents 732,382 (192,444) (79,012) 120,128 73,538
Cash and cash equivalents at beginning of the period 317,235 396,247 396,247 276,119 202,581
Cash and cash equivalents at end of the period 1,049,617 203,803 317,235 396,247 276,119
Supplemental non-cash investing and financing activities disclosures:          
Issuance of convertible security related to acquisitions 342,170 0 45,000 0  
Acquisitions not yet paid 74,347 16,073      
Settlement of convertible security through issuance of common stock 25,000 0      
Settlement of contingent consideration through issuance of common stock 0 31,422 31,422 0  
Assets acquired under finance leases 12,584 5,459 7,475 3,061 3,917
Right of use assets acquired under operating leases 3,508 6,937      
Settlement of bonus compensation through issuance of common stock 2,503 0      
Acquisitions of business through issuance of common stock and common stock warrants 0 38,167 38,167 192  
Common stock issued in exchange for redeemable noncontrolling interest     1,500 0  
Deferred IPO costs not yet paid 0 530 888 0  
Accretion of Interest on Related Party Promissory Notes     553 48  
Common stock warrant issued in connection with lease modification     433 0  
Repurchases of common stock from related parties financed by promissory notes       9,074  
Interest expense offset by non-cash financing activities     0 3,549  
Supplemental disclosure of cash flow information:          
Cash paid for income taxes 72,182 12,362 12,666 30,474 15,311
Cash paid for interest on debt $ 47,021 $ 44,687 $ 59,360 $ 62,278 $ 44,628