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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 2,184 $ 11,975  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of software, equipment, and property 9,206 6,807  
Amortization of intangible assets 24,751 24,775  
Deferred income taxes (6,763) (21,223)  
Stock-based compensation 29,234 23,644  
Amortization of deferred financing fees 427 474  
Amortization of discount on debt 56 65  
Change in fair value of derivative instruments 2,604 0  
Change in fair value of warrant liabilities (1,195) (2,136)  
Non-cash lease expense 942 1,228  
Loss on disposal of software, equipment and property 0 795  
Gain on sale of cost method investment 0 (3,578)  
Other 58 26  
Changes in:      
Accounts receivable—Net 6,084 2,043  
Deferred contract costs (783) (576)  
Other current assets 1,726 2,187  
Deferred contract costs—Non-current (51) 814  
Other assets (8,519) (10,805)  
Operating lease assets (417) 1,316  
Income taxes 5,778 20,370  
Accounts payable (11,897) 4,825  
Accrued expenses (25,690) (16,460)  
Operating lease liabilities 415 (1,986)  
Deferred revenues 5,033 2,353  
Other liabilities (105) (68)  
Net cash provided by operating activities 33,078 46,865  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of software, equipment, and property (14,534) (14,280)  
Acquisition of Safekeep, Inc., net of cash acquired 0 (32,227)  
Proceeds from sale of cost method investment 0 3,892  
Net cash used in investing activities (14,534) (42,615)  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from exercise of stock options 8,109 10,691  
Proceeds from employee stock purchase plan 1,326 0  
Payments for employee taxes withheld upon vesting of equity awards (11,449) 0  
Principal payments on long-term debt (2,000) (2,000)  
Net cash (used in) provided by financing activities (4,014) 8,691  
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 36 12  
NET CHANGE IN CASH AND CASH EQUIVALENTS 14,566 12,953  
Beginning of period 323,788 182,544 $ 182,544
End of period 338,354 195,497 $ 323,788
NONCASH INVESTING AND FINANCING ACTIVITIES:      
Noncash purchases of software, equipment, and property 626 0  
Contingent consideration related to business acquisition 0 200  
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:      
Cash paid for interest 13,446 6,783  
Cash paid for income taxes-Net $ 202 $ 45