|
Depreciation and amortization
|
|
$5.3m
|
$9.6m
|
$14.8m
|
$18.5m
|
$22.3m
|
$25.1m
|
$28.8m
|
|
Impairment losses
|
|
—
|
$0
|
$0
|
$6.1m
|
$3.1m
|
$2.2m
|
$3.7m
|
|
Right-of-use asset obtained in exchange for operating lease liability
|
|
$0
|
$1.3m
|
$295k
|
$0
|
$0
|
$3.0m
|
$2.2m
|
|
Net loss
|
|
($46.7m)
|
($66.8m)
|
($145.2m)
|
($175.4m)
|
($116.6m)
|
($79.5m)
|
($51.0m)
|
|
Stock-based compensation expense
|
|
$16.3m
|
$16.8m
|
$91.2m
|
$110.8m
|
$109.6m
|
$108.1m
|
$95.1m
|
|
Other
|
|
$38k
|
$86k
|
($448k)
|
$1.1m
|
$1.5m
|
$788k
|
($300k)
|
|
Accounts receivable, net
|
|
($6.2m)
|
($24.1m)
|
$5.9m
|
($20.6m)
|
($14.8m)
|
$7.2m
|
($5.7m)
|
|
Prepaid expenses and other assets
|
|
($6.6m)
|
($18.3m)
|
($5.7m)
|
($18.3m)
|
($17.0m)
|
$2.5m
|
$7.4m
|
|
Accounts payable and accrued expenses
|
|
$6.6m
|
$25.7m
|
$16.3m
|
$17.9m
|
$34.0m
|
($2.3m)
|
$8.0m
|
|
Accrued compensation and other liabilities
|
|
($815k)
|
$3.7m
|
$7.7m
|
$3.4m
|
$3.1m
|
$12.1m
|
$1.7m
|
|
Deferred revenue
|
|
$11.8m
|
$39.0m
|
$17.8m
|
$20.3m
|
$21.3m
|
$21.2m
|
$21.0m
|
|
Purchases of marketable securities
|
|
($166.9m)
|
($218.5m)
|
($241.8m)
|
($593.8m)
|
($121.8m)
|
$0
|
$0
|
|
Proceeds from maturities of marketable securities
|
|
$115.3m
|
$129.9m
|
$205.0m
|
$375.0m
|
$530.0m
|
$66.0m
|
$0
|
|
Purchases of property, equipment, and software
|
|
($4.4m)
|
($3.1m)
|
($1.6m)
|
($1.6m)
|
($1.1m)
|
($1.6m)
|
($1.5m)
|
|
Capitalized internal-use software costs
|
|
($5.5m)
|
($8.8m)
|
($12.1m)
|
($12.3m)
|
($15.3m)
|
($17.2m)
|
($18.1m)
|
|
Purchase of minority interest
|
|
—
|
—
|
$0
|
$0
|
($1.7m)
|
$0
|
$0
|
|
Purchases of content assets
|
|
$0
|
$0
|
($1.2m)
|
($1.4m)
|
($5.3m)
|
($17.3m)
|
($10.6m)
|
|
Proceeds from exercise of stock options
|
|
$8.3m
|
$10.1m
|
$31.8m
|
$17.6m
|
$27.3m
|
$9.4m
|
$9.9m
|
|
Proceeds from employee stock purchase plan
|
|
$0
|
$0
|
$6.4m
|
$6.8m
|
$6.0m
|
$5.6m
|
$4.2m
|
|
Payments for tax withholding on vesting of restricted stock units
|
|
$0
|
$0
|
($7.2m)
|
($11.9m)
|
($54.1m)
|
($33.3m)
|
($27.6m)
|
|
Stock-based compensation capitalized as internal-use software costs
|
|
$362k
|
$966k
|
$4.9m
|
$5.4m
|
$7.1m
|
$7.7m
|
$7.7m
|
|
Net cash provided by operating activities
|
|
($21.3m)
|
($15.0m)
|
$1.7m
|
($38.1m)
|
$29.6m
|
$95.4m
|
$108.7m
|
|
Capital Expenditures Incurred but Not yet Paid
|
|
$0
|
$0
|
$577k
|
$0
|
$1.3m
|
$2.2m
|
$3.9m
|
|
Net cash provided by (used in) investing activities
|
|
($64.9m)
|
($101.4m)
|
($51.6m)
|
($234.0m)
|
$384.8m
|
$29.9m
|
($30.2m)
|
|
Payments for repurchases of common stock
|
|
—
|
—
|
$0
|
$0
|
($58.5m)
|
($36.7m)
|
$0
|
|
Net cash used in financing activities
|
|
$113.4m
|
$139.0m
|
$550.2m
|
$12.2m
|
($79.2m)
|
($54.9m)
|
($13.5m)
|
|
Net increase in cash, cash equivalents, and restricted cash
|
|
$27.2m
|
$22.6m
|
$500.3m
|
($259.8m)
|
$335.2m
|
$70.3m
|
$65.0m
|
|
Cash, cash equivalents, and restricted cash—beginning of period
|
|
$59.8m
|
$82.4m
|
$582.7m
|
$322.9m
|
$658.1m
|
$728.4m
|
$793.4m
|
|
Cash paid for income taxes, net of refunds
|
|
$523k
|
$1.2m
|
$2.8m
|
$4.1m
|
$6.4m
|
$5.3m
|
$6.0m
|