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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net loss $ (32,828) $ (25,254) $ (293,623)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 54,177 34,539 18,430
Amortization of debt issuance costs 3,413 3,445 3,390
Non-cash operating lease expense 3,349 3,102 4,478
Stock-based compensation expense 120,234 160,462 397,285
Change in fair value of contingent consideration 18,057 0 2,068
Deferred income taxes (497) 12,851 (10,910)
Gain on sale of business (11,404) 0 0
Loss on operating lease assets 12,569 1,430 961
Charitable stock donation 0 0 41,721
Changes in operating assets and liabilities, net of effects of business acquisitions      
Accounts receivable 1,375 (43,949) (16,139)
Prepaid expenses and other assets (13,644) 17,060 (40,935)
Accounts payable (874) 4,207 2,154
Accrued expenses and other current liabilities (5,268) 14,001 15,010
Operating lease liabilities (4,004) (2,404) 4,576
Other liabilities 2,125 (711) 2,875
Net cash provided by operating activities 146,780 178,779 131,341
Cash flows from investing activities      
Purchase of property and equipment (3,967) (4,571) (20,553)
Acquisitions, net of cash acquired (156,853) (140,268) (55,793)
Capitalized software (51,247) (29,886) (15,271)
Investment in minority equity interest (15,007) (4,008) 0
Proceeds from sale of business 16,576 0 0
Net cash used in investing activities (210,498) (178,733) (91,617)
Cash flows from financing activities      
Proceeds from issuance of common stock in initial public offering, net of underwriting discounts and commissions 0 0 891,793
Proceeds from private placement with a related party 0 0 100,000
Proceeds from long-term debt 0 0 28,000
Payments on long-term debt (7,029) (7,029) (35,029)
Payment of debt issuance costs and prepayment penalty 0 0 (1,306)
Payment for contingent consideration 0 (832) 0
Repurchases of Class A common stock (101,721) 0 0
Payments of initial public offering issuance costs 0 0 (4,937)
Proceeds from exercise of stock options 9,159 35,021 5,343
Proceeds from early exercise of stock options 0 0 667
Employee taxes paid related to net share settlement of equity awards (20,635) (57,688) (78,714)
Net cash (used in) provided by financing activities (120,226) (30,528) 905,817
Net change in cash, cash equivalents and restricted cash (183,944) (30,482) 945,541
Cash, cash equivalents and restricted cash      
Beginning of period 941,109 971,591 26,050
End of period 757,165 941,109 971,591
Supplemental disclosure of cash flow information      
Income tax paid (refunds received), net 4,356 18,105 29,228
Interest paid 30,702 20,198 24,517
Non cash investing and financing activities      
Right-of-use assets obtained in exchange for new operating lease liabilities 22,491 2,910 234
Stock-based compensation included in capitalized software 8,969 7,709 2,437
Capitalized Software Included in Accounts Payable and Accrued Expenses and Other Current Liabilities 4,176 1,086 1,273
Conversion of preferred stock to common stock in connection with initial public offering 0 0 737,009
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets      
Cash and cash equivalents 757,165 941,109 968,691
Restricted cash 0 0 2,900
Total cash, cash equivalents and restricted cash $ 757,165 $ 941,109 $ 971,591