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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ (477) $ (16,895)
Adjustments to reconcile net loss to net cash from operating activities    
Share-based compensation 13,134 12,101
Amortization of intangible assets 10,255 11,126
Depreciation of property and equipment 5,431 4,483
Amortization of other assets 1,879 1,107
Amortization of debt issuance costs 1,746 2,114
Inventory write-down 19,304 4,365
Provision for estimated credit losses 2,037 1,380
Change in fair value of warrant liabilities (2,579) (2,509)
Gain on repurchase of convertible senior notes, net (33,411) 0
Deferred income taxes (2,144) 0
Other, net 7,515 1,796
Changes in operating assets and liabilities:    
Accounts receivable 10,499 (138)
Inventories (6,572) (2,605)
Prepaid expenses, other current assets, and income tax receivable 6,264 (12,188)
Accounts payable, accrued expenses, and income tax payable (38,686) 9,239
Other, net (4,848) (4,420)
Net cash (used for) provided by operating activities (10,653) 8,956
Cash flows from investing activities:    
Cash paid for intangible assets (3,162) (4,365)
Cash paid for property and equipment (678) (3,623)
Cash paid for asset acquisitions 0 (16,915)
Net cash used for investing activities (3,840) (24,903)
Cash flows from financing activities:    
Repurchase of convertible senior notes (156,082) 0
Payment of tax withholdings on vested stock awards (1,285) (2,083)
Payment of accelerated share repurchases 0 (2,240)
Other, net 0 582
Net cash used for financing activities (157,367) (3,741)
Net change in cash, cash equivalents, and restricted cash (171,860) (19,688)
Effect of foreign currency translation on cash (1,621) 1,219
Cash, cash equivalents, and restricted cash beginning of period 523,025 568,197
Cash, cash equivalents, and restricted cash end of period $ 349,544 $ 549,728