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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities      
Net income (loss) $ 35,338 $ (125,934) $ 119,040
Adjustments to reconcile net income (loss) to operating activities:      
Amortization, depreciation and write-offs 431,063 254,951 92,806
Amortization of debt issuance costs and discount 12,825 8,152 4,979
Stock-based compensation 133,177 62,387 10,222
Change in operating right-of-use asset 26,313 9,333 2,602
Lease modification and abandonment of leasehold improvements 0 7,851 0
Loss on extinguishments of acquisition related contingent consideration 0 74,820 0
Change in fair value of contingent consideration (230) 442 0
Loss on settlement of debt 18,236 0 0
Net unrealized gains on fair value remeasurement of financial instruments (8,841) (4,180) 0
Net loss (gain) on foreign currency remeasurement (1,734) 2,097 14
Changes in operating assets and liabilities:      
Accounts receivable (201,948) (113,234) (33,524)
Prepaid expenses and other current assets (97,324) (13,289) (19,867)
Other assets (45,938) (19,092) (1,485)
Accounts payable 98,612 49,120 13,534
Operating lease liabilities (26,854) (8,812) (2,242)
Accrued and other liabilities 3,063 2,783 5,661
Deferred revenue (13,907) 35,488 6,722
Net cash provided by operating activities 361,851 222,883 198,462
Investing Activities      
Purchase of property and equipment (1,390) (3,241) (3,358)
Acquisitions, net of cash acquired (1,206,482) (674,650) (404,196)
Purchase of non-marketable investments and other (15,000) (2,000) (4,000)
Proceeds from other investing activities 12,009 0 0
Capitalized software development costs (4,067) 0 0
Net cash used in investing activities (1,214,930) (679,891) (411,554)
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 0
Proceeds from debt issuance, net of issuance costs 2,329,059 481,273 388,859
Payments of debt principal (719,810) (64,295) (11,208)
Payments of finance leases (15,271) (9,708) (5,663)
Proceeds from exercise of stock options 31,156 2,303 2,637
Proceeds from issuance of common stock 0 9,318 0
Proceeds from the issuance of common stock under the Employee Stock Purchase Plan 2,877 0 0
Payments of deferred acquisition costs (234,068) (17,586) (41,454)
Payments of licensed asset obligation (17,970) (18,940) 0
Payments of related party notes (11,655) 0 0
Repurchases of common stock 0 (1,766) (11)
Payments of deferred IPO costs 0 (2,744) 0
Net cash provided by financing activities 3,109,546 377,855 333,160
Effect of foreign exchange rate on cash, cash equivalents and restricted cash equivalents (3,198) 141 60
Net increase (decrease) in cash, cash equivalents and restricted cash equivalents 2,253,269 (79,012) 120,128
Cash, cash equivalents and restricted cash equivalents at beginning of the period 317,235 396,247 276,119
Cash, cash equivalents and restricted cash equivalents at end of the period 2,570,504 317,235 396,247
Supplemental non-cash investing and financing activities disclosures:      
Conversion of convertible securities to Class A common stock 392,170 0 0
Issuance of convertible securities related to acquisitions 342,170 45,000 0
Acquisitions not yet paid 79,095 94,758 0
Assets acquired not yet paid 25,640 0 0
Assets acquired under finance leases 20,497 7,475 3,061
Settlement of bonus compensation through issuance of common stock 2,503 0 0
Acquisition of business through issuance of common stock and common stock warrants 0 38,167 192
Settlement of contingent consideration through issuance of common stock 0 31,422 0
Deferred IPO costs not yet paid 0 888 0
Accretion of interest on related party promissory notes 595 553 48
Common stock issued in exchange for redeemable noncontrolling interest 0 1,500 0
Repurchases of common stock from related parties financed by promissory notes 0 0 9,074
Interest expense offset by non-cash financing activities 0 0 3,549
Common stock warrant issued in connection with lease modification 0 433 0
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 90,616 12,666 30,474
Cash paid for interest on debt $ 76,695 $ 59,360 $ 62,278