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Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net income $ 263,170 $ 336,262
Loss (income) from discontinued operations 42,704 (44,982)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other 149,813 166,381
Stock-based compensation expense 127,219 115,271
Excess tax benefit from stock-based compensation 0 (12,374)
Deferred income tax expense (benefit) 32,367 (23,912)
Effects of exchange rate changes on monetary assets and liabilities denominated in foreign currencies (8,063) (3,489)
Other non-cash items 9,608 6,385
Total adjustments to reconcile net income to net cash provided by operating activities 310,944 248,262
Changes in operating assets and liabilities, net of the effects of acquisitions:    
Accounts receivable 216,139 190,685
Inventories (3,350) (5,354)
Prepaid expenses and other current assets (15,836) 13,651
Other assets (2,393) (7,722)
Income taxes, net (58,278) 70,753
Accounts payable (17,039) (19,288)
Accrued expenses and other current liabilities (17,372) (6,236)
Deferred revenues (10,746) (51,078)
Other liabilities 2,645 14,664
Total changes in operating assets and liabilities, net of the effects of acquisitions 93,770 200,075
Net cash provided by operating activities of continuing operations 710,588 739,617
Net cash (used in) provided by operating activities of discontinued operations (56,070) 117,166
Net cash provided by operating activities 654,518 856,783
Investing Activities    
Purchases of available-for-sale investments (966,067) (1,411,077)
Proceeds from sales of available-for-sale investments 678,533 1,156,168
Proceeds from maturities of available-for-sale investments 377,719 511,023
Purchases of property and equipment (61,670) (66,267)
Cash paid for acquisitions, net of cash acquired (60,449) (11,456)
Cash paid for licensing agreements and technology (5,865) (25,755)
Other 490 464
Net cash (used in) provided by investing activities of continuing operations (37,309) 153,100
Net cash used for investing activities of discontinued operations (3,891) (39,395)
Net cash provided by (used in) investing activities (41,200) 113,705
Financing Activities    
Proceeds from issuance of common stock under stock-based compensation plans 2,094 39,438
Proceeds from credit facility 165,000 0
Repayment of credit facility (125,000) 0
Repayment of acquired debt (4,000) 0
Excess tax benefit from stock-based compensation 0 12,374
Stock repurchases, net (574,957) (28,689)
Cash paid for tax withholding on vested stock awards (71,179) (55,402)
Transfer of cash to GoTo Business resulting from the separation (28,523) 0
Net cash used in financing activities (636,565) (32,279)
Effect of exchange rate changes on cash and cash equivalents 7,160 1,956
Change in cash and cash equivalents (16,087) 940,165
Cash and cash equivalents at beginning of period, including cash of discontinued operations of $120,861 and $57,762, respectively 956,956 368,518
Cash and cash equivalents at end of period 940,869 1,308,683
Less cash of discontinued operations 0 (79,020)
Cash and cash equivalents at end of period $ 940,869 $ 1,229,663