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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating Activities    
Net income (loss) $ (5,996) $ 34,056
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 65,596 64,843
Loss on disposal of property and equipment 2,110 331
Share-based compensation expense 43,113 50,731
Deferred income taxes (14,165) (17,061)
Amortization of operating lease right-of-use assets 6,238 9,709
Impairment and abandonment of operating lease right-of-use assets related to facilities 7,815 5,390
Amortization of debt issuance costs 3,139 3,121
Changes in operating assets and liabilities:    
Accounts receivable and unbilled receivables 27,050 (116,895)
Inventories 31,690 (32,269)
Prepaid expenses (857) (2,602)
Other current assets 1,521 6,692
Investment in sales-type leases (8,839) (17,336)
Prepaid commissions 5,533 8,801
Other long-term assets 2,539 4,189
Accounts payable (13,358) 2,043
Accrued compensation (29,390) (27,940)
Accrued liabilities 3,749 11,678
Deferred revenues 23,628 17,667
Operating lease liabilities (8,145) (10,966)
Other long-term liabilities (291) 1,446
Net cash provided by (used in) operating activities 142,680 (4,372)
Investing Activities    
External-use software development costs (10,240) (9,648)
Purchases of property and equipment (32,404) (33,861)
Business acquisition, net of cash acquired 0 (3,392)
Purchase price adjustments from business acquisitions 0 5,484
Net cash used in investing activities (42,644) (41,417)
Financing Activities    
Proceeds from issuances under stock-based compensation plans 23,035 39,539
Employees’ taxes paid related to restricted stock units (6,130) (11,442)
Change in customer funds, net (6,615) (402)
Stock repurchases 0 (52,210)
Net cash provided by (used in) financing activities 10,290 (24,515)
Effect of exchange rate changes on cash and cash equivalents (464) (1,425)
Net increase (decrease) in cash, cash equivalents, and restricted cash 109,862 (71,729)
Cash, cash equivalents, and restricted cash at beginning of period 352,835 355,620
Cash, cash equivalents, and restricted cash at end of period 462,697 283,891
Reconciliation of cash, cash equivalents, and restricted cash to the Condensed Consolidated Balance Sheets:    
Cash and cash equivalents 446,840 266,402
Restricted cash included in other current assets 15,857 17,489
Cash, cash equivalents, and restricted cash at end of period 462,697 283,891
Supplemental disclosure of non-cash investing activities    
Unpaid purchases of property and equipment 642 1,473
Transfers between inventory and property and equipment, net $ 0 $ 314