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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities      
Net income (loss) $ (192,947) $ 35,338 $ (125,934)
Adjustments to reconcile net income (loss) to operating activities:      
Amortization, depreciation and write-offs 547,084 431,063 254,951
Impairment and loss in connection with sale of long-lived assets 127,892 0 0
Amortization of debt issuance costs and discount 12,678 12,825 8,152
Stock-based compensation 191,612 133,177 62,387
Change in operating right-of-use asset 17,107 26,313 9,333
Lease modification and abandonment of leasehold improvements 0 0 7,851
Loss on extinguishments of acquisition related contingent consideration 0 0 74,820
Loss on settlement of debt 0 18,236 0
Other Operating Activities, Cash Flow Statement 1,786 (10,805) (1,641)
Changes in operating assets and liabilities:      
Accounts receivable (174,829) (201,948) (113,234)
Prepaid expenses and other current assets (3,725) (97,324) (13,289)
Other assets (77,343) (45,938) (19,092)
Accounts payable 3,479 98,612 49,120
Operating lease liabilities (18,898) (26,854) (8,812)
Accrued and other liabilities (6,412) 3,063 2,783
Deferred revenue (14,711) (13,907) 35,488
Net cash provided by operating activities 412,773 361,851 222,883
Investing Activities      
Purchase of property and equipment (662) (1,390) (3,241)
Acquisitions, net of cash acquired (1,339,827) (1,206,482) (674,650)
Purchase of non-marketable investments and other (66,342) (15,000) (2,000)
Proceeds from other investing activities 4,312 12,009 0
Capitalized software development costs (5,949) (4,067) 0
Proceeds from Sale of Productive Assets 37,000 0 0
Net cash used in investing activities (1,371,468) (1,214,930) (679,891)
Financing Activities      
Proceeds from issuance of common stock in initial public offering, net of issuance costs as adjusted for cost reimbursement 0 1,745,228 0
Proceeds from debt issuance, net of issuance costs 0 2,329,059 481,273
Payments of debt principal (25,810) (719,810) (64,295)
Principal payments of finance leases (24,083) (15,271) (9,708)
Payment of withholding taxes related to net share settlement of restricted stock units (27,535) 0 0
Proceeds from exercise of stock options 25,487 31,156 2,303
Proceeds from issuance of common stock 0 0 9,318
Proceeds from the issuance of Class A common stock under employee stock purchase plan 5,531 2,877 0
Payments of deferred acquisition costs (124,184) (234,068) (17,586)
Payments of licensed asset obligation (17,374) (17,970) (18,940)
Payments of related party notes 0 (11,655) 0
Repurchases of common stock (338,880) 0 (1,766)
Payments of deferred IPO costs 0 0 (2,744)
Net cash provided by (used in) financing activities (526,848) 3,109,546 377,855
Effect of foreign exchange rate on cash, cash equivalents and restricted cash equivalents (4,477) (3,198) 141
Net increase (decrease) in cash, cash equivalents and restricted cash equivalents (1,490,020) 2,253,269 (79,012)
Cash, cash equivalents and restricted cash equivalents at beginning of the period 2,570,504 317,235 396,247
Cash, cash equivalents and restricted cash equivalents at end of the period 1,080,484 2,570,504 317,235
Supplemental non-cash investing and financing activities disclosures:      
Conversion of convertible securities to Class A common stock 0 392,170 0
Issuance of convertible securities related to acquisitions 0 342,170 45,000
Issuance of common stock and common stock warrants in connection with acquisitions 137,422 0 38,167
Acquisitions not yet paid 31,045 79,095 94,758
Assets acquired not yet paid 33,566 25,640 0
Right-of-use assets acquired under finance leases 46,108 20,497 7,475
Right-of-use assets acquired under operating leases 7,105 6,130 10,758
Proceeds from sale of long-lived assets not yet received 7,000 0 0
Settlement of bonus compensation through issuance of common stock 0 2,503 0
Settlement of contingent consideration through issuance of common stock 0 0 31,422
Deferred IPO costs not yet paid 0 0 888
Accretion of interest on related party promissory notes 0 595 553
Common stock issued in exchange for redeemable noncontrolling interest 0 0 1,500
Common stock warrant issued in connection with lease modification 0 0 433
Supplemental disclosure of cash flow information:      
Cash paid for income taxes, net of refunds 86,264 90,616 12,666
Cash paid for interest $ 165,959 $ 76,695 $ 59,360