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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities      
Net income (loss) $ 1,579,776 $ 356,711 $ (192,947)
Adjustments to reconcile net income (loss) to operating activities:      
Amortization, depreciation and write-offs 448,680 489,008 547,084
Stock-based compensation, excluding cash-settled awards 369,367 363,107 191,612
Impairment of investments 0 27,953 0
Loss on settlement of debt 28,375 4,337 0
Change in operating right-of-use assets 12,689 17,842 17,107
Amortization of debt issuance costs and discount 5,460 9,363 12,678
Loss on disposal of long-lived assets 1,646 0 127,892
Other 2,557 1,863 1,786
Changes in operating assets and liabilities:      
Accounts receivable (467,028) (261,279) (174,829)
Prepaid expenses and other current assets 4,056 (12,280) (3,725)
Other assets (189,387) (121,688) (77,343)
Accounts payable 189,585 98,574 3,479
Operating lease liabilities (14,106) (18,612) (18,898)
Accrued and other liabilities 133,974 92,754 (6,412)
Deferred revenue (6,633) 13,857 (14,711)
Net cash provided by operating activities 2,099,011 1,061,510 412,773
Investing Activities      
Acquisitions of businesses and intangible assets (25,553) (63,899) (1,345,776)
Purchase of non-marketable equity securities (76,983) (17,934) (66,342)
Purchase of property and equipment (4,776) (4,246) (662)
Proceeds from sale of assets and other 558 8,250 41,312
Net cash used in investing activities (106,754) (77,829) (1,371,468)
Financing Activities      
Principal repayments of debt (4,225,223) (497,994) (25,810)
Payments of withholding taxes related to net share settlement (1,143,525) (246,435) (27,535)
Repurchases of common stock (981,297) (1,153,593) (338,880)
Payments of deferred acquisition costs 0 (33,903) (124,184)
Payments of licensed asset obligation 0 (27,110) (17,374)
Payments of debt issuance cost (35,563) (4,655) 0
Principal payments of finance leases (20,875) (20,170) (24,083)
Proceeds from issuance of debt 4,614,841 395,281 0
Proceeds from issuance of common stock upon exercise of stock options and purchase of ESPP shares 41,798 25,788 31,018
Net cash used in financing activities (1,749,844) (1,562,791) (526,848)
Effect of foreign exchange rate on cash, cash equivalents, and restricted cash equivalents (3,154) 778 (4,477)
Net (decrease) increase in cash, cash equivalents, and restricted cash equivalents 239,259 (578,332) (1,490,020)
Cash, cash equivalents, and restricted cash equivalents at beginning of the period 502,152 1,080,484 2,570,504
Cash and cash equivalents at end of the period 741,411 502,152 1,080,484
Supplemental non-cash investing and financing activities disclosures:      
Right-of-use assets acquired under finance leases 20,874 113,440 46,108
Right-of-use assets acquired under operating leases 5,451 6,471 7,105
Accrued withholding taxes related to net share settlement of restricted stock units 8,606 0 0
Issuance of common stock and common stock warrants in connection with acquisitions 0 0 137,422
Acquisitions not yet paid 0 0 31,045
Assets acquired not yet paid 510 0 33,566
Proceeds from sale of long-lived assets not yet received 0 0 7,000
Supplemental disclosure of cash flow information:      
Cash paid for income taxes, net of refunds 67,332 75,433 86,264
Cash paid for interest $ 270,615 $ 248,828 $ 165,959