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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 50,244,000 $ 36,516,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,930,000 8,689,000
Amortization of financing costs and discounts 937,000 1,004,000
Non-cash operating lease costs 741,000 874,000
Share-based compensation 8,188,000 9,803,000
Provision for doubtful accounts 2,196,000 3,080,000
Deferred income taxes, net 1,233,000 2,036,000
Gain on extinguishment of debt (6,555,000) 0
Decrease (increase) in:    
Accounts receivable (2,057,000) (5,852,000)
Prepaid expenses and other current assets 1,536,000 1,237,000
Other assets 753,000 780,000
Increase (decrease) in:    
Accounts payable and accrued expenses (1,329,000) (5,829,000)
Income taxes payable 2,345,000 651,000
Deferred revenue 598,000 (1,173,000)
Operating lease liabilities (1,133,000) (1,121,000)
Liability for uncertain tax positions 1,439,000 1,428,000
Other liabilities (12,000) (31,000)
Net cash provided by operating activities 69,054,000 52,092,000
Cash flows from investing activities:    
Purchases of property and equipment (17,479,000) (18,675,000)
Purchase of investments 0 (4,000,000)
Net cash used in investing activities (17,479,000) (22,675,000)
Cash flows from financing activities:    
Proceeds from the issuance of common stock under employee stock purchase plan 747,000 871,000
Repurchase of common stock (708,000) (11,244,000)
Taxes paid related to net share settlement (615,000) (1,175,000)
Repurchase of debt (85,525,000) 0
Net cash used in financing activities (86,101,000) (11,548,000)
Effect of exchange rate changes on cash and cash equivalents (4,988,000) (56,000)
Net change in cash and cash equivalents (39,514,000) 17,813,000
Cash and cash equivalents at beginning of period 88,715,000 94,164,000
Cash and cash equivalents at end of period $ 49,201,000 $ 111,977,000