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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities    
Net income (loss) $ (15,000) $ 8,213
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 21,974 21,124
Loss on disposal of property and equipment 802 0
Share-based compensation expense 14,042 16,208
Deferred income taxes (7,770) (4,858)
Amortization of operating lease right-of-use assets 2,248 3,307
Impairment and abandonment of operating lease right-of-use assets related to facilities 7,815 1,753
Amortization of debt issuance costs 1,045 1,038
Changes in operating assets and liabilities:    
Accounts receivable and unbilled receivables (22,156) (49,994)
Inventories 6,760 (17,320)
Prepaid expenses (873) (1,712)
Other current assets 34 7,950
Investment in sales-type leases 613 (1,097)
Prepaid commissions 2,574 4,152
Other long-term assets 628 2,240
Accounts payable 20 312
Accrued compensation (25,171) (23,859)
Accrued liabilities (689) 769
Deferred revenues 29,135 19,786
Operating lease liabilities (2,678) (3,521)
Other long-term liabilities (583) (487)
Net cash provided by (used in) operating activities 12,770 (15,996)
Investing Activities    
External-use software development costs (3,499) (3,852)
Purchases of property and equipment (10,141) (11,489)
Business acquisition, net of cash acquired 0 (3,392)
Net cash used in investing activities (13,640) (18,733)
Financing Activities    
Proceeds from issuances under stock-based compensation plans 12,114 18,951
Employees’ taxes paid related to restricted stock units (1,369) (4,322)
Change in customer funds, net (6,883) 5,462
Stock repurchases 0 (52,210)
Net cash provided by (used in) financing activities 3,862 (32,119)
Effect of exchange rate changes on cash and cash equivalents 176 (411)
Net increase (decrease) in cash, cash equivalents, and restricted cash 3,168 (67,259)
Cash, cash equivalents, and restricted cash at beginning of period 352,835 355,620
Cash, cash equivalents, and restricted cash at end of period 356,003 288,361
Reconciliation of cash, cash equivalents, and restricted cash to the Condensed Consolidated Balance Sheets:    
Cash and cash equivalents 340,413 265,008
Restricted cash included in other current assets 15,590 23,353
Cash, cash equivalents, and restricted cash at end of period 356,003 288,361
Supplemental disclosure of non-cash investing activities    
Unpaid purchases of property and equipment $ 1,321 $ 703