|
Depreciation and amortization of property, equipment and software
|
|
$2.4m
|
$2.7m
|
$2.8m
|
$3.0m
|
$2.9m
|
$3.1m
|
$3.9m
|
$3.8m
|
|
Amortization of line of credit issuance costs
|
|
$128k
|
$194k
|
$215k
|
$188k
|
$30k
|
$86k
|
$206k
|
$229k
|
|
Amortization of acquired intangible assets
|
|
$1.5m
|
$1.5m
|
$1.4m
|
$1.0m
|
$1.0m
|
$3.5m
|
$6.2m
|
$7.0m
|
|
Amortization of deferred commissions
|
|
$2.8m
|
$4.8m
|
$7.7m
|
$12.2m
|
$18.6m
|
$26.6m
|
$16.3m
|
$24.1m
|
|
Amortization of right-of-use operating lease asset
|
|
$0
|
$1.1m
|
$1.1m
|
$673k
|
$1.0m
|
$1.6m
|
$1.8m
|
$1.5m
|
|
ROU asset obtained in exchange for operating lease liability
|
|
$0
|
$0
|
$5.5m
|
$0
|
$1.1m
|
$795k
|
$629k
|
$0
|
|
Non-cash adjustment to operating lease right-of-use assets from lease modifications
|
|
($17.2m)
|
($14.4m)
|
($11.4m)
|
$14.8m
|
$0
|
$0
|
$3.8m
|
$0
|
|
Net loss
|
|
($20.9m)
|
($46.8m)
|
($31.7m)
|
($28.7m)
|
($50.2m)
|
($66.4m)
|
($62.0m)
|
($43.3m)
|
|
Accretion of discount on marketable securities
|
|
—
|
—
|
$423k
|
$736k
|
($625k)
|
($3.2m)
|
($406k)
|
($7k)
|
|
Stock-based compensation expense
|
|
$53k
|
$25.3m
|
$11.1m
|
$21.7m
|
$47.7m
|
$67.7m
|
$84.3m
|
$78.7m
|
|
Provision for accounts receivable allowances
|
|
$793k
|
$2.2m
|
$2.0m
|
$614k
|
$1.2m
|
$2.4m
|
$1.7m
|
$3.6m
|
|
Loss on lease termination - net
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$1.2m
|
|
Gain on lease modification
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($1.6m)
|
—
|
|
Accretion Expense
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$423k
|
|
Other
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($505k)
|
|
Accounts receivable
|
|
($4.9m)
|
($2.8m)
|
($8.1m)
|
($8.9m)
|
($11.5m)
|
($27.0m)
|
($22.3m)
|
($18.3m)
|
|
Prepaid expenses and other current assets
|
|
($1.2m)
|
($2.7m)
|
($4.7m)
|
$3.5m
|
($125k)
|
$444k
|
($5.5m)
|
$1.5m
|
|
Deferred commissions
|
|
($7.0m)
|
($8.2m)
|
($14.0m)
|
($23.1m)
|
($30.3m)
|
($40.5m)
|
($34.2m)
|
($36.3m)
|
|
Accounts payable and accrued expenses
|
|
$1.8m
|
$1.4m
|
$6.6m
|
$8.5m
|
$7.1m
|
($226k)
|
$3.1m
|
$626k
|
|
Deferred revenue
|
|
$7.2m
|
$8.2m
|
$14.0m
|
$25.6m
|
$26.9m
|
$41.9m
|
$38.2m
|
$22.5m
|
|
Lease liabilities
|
|
$0
|
($1.6m)
|
($206k)
|
($2.2m)
|
($2.9m)
|
($3.5m)
|
($3.6m)
|
($3.3m)
|
|
Expenditures for property and equipment
|
|
($2.1m)
|
($760k)
|
($4.0m)
|
($926k)
|
($1.8m)
|
($2.1m)
|
($3.0m)
|
($4.1m)
|
|
Purchases of marketable securities
|
|
$0
|
$0
|
($53.1m)
|
($109.6m)
|
($190.0m)
|
($63.1m)
|
$0
|
$0
|
|
Proceeds from maturity of marketable securities
|
|
$0
|
$0
|
$3.4m
|
$88.4m
|
$154.1m
|
$118.6m
|
$45.1m
|
$3.8m
|
|
Proceeds from sale of marketable securities
|
|
—
|
—
|
—
|
$0
|
$0
|
$5.5m
|
$0
|
$0
|
|
Borrowings from line of credit
|
|
$11.0m
|
$0
|
$0
|
$0
|
$0
|
$75.0m
|
$0
|
$32.0m
|
|
Repayments of line of credit
|
|
($14.0m)
|
$0
|
$0
|
$0
|
$0
|
($20.0m)
|
($30.0m)
|
($17.0m)
|
|
Payments for line of credit issuance costs
|
|
($163k)
|
($148k)
|
($187k)
|
($183k)
|
($23k)
|
($1.0m)
|
$0
|
($486k)
|
|
Proceeds from exercise of stock options
|
|
$106k
|
$92k
|
$370k
|
$37k
|
$16k
|
$29k
|
$29k
|
$0
|
|
Proceeds from employee stock purchase plan
|
|
—
|
—
|
$0
|
$0
|
$1.7m
|
$2.3m
|
$2.0m
|
$1.3m
|
|
Beginning of year
|
|
$26.2m
|
$135.3m
|
$114.5m
|
$107.1m
|
$79.9m
|
$53.7m
|
$90.4m
|
$97.2m
|
|
Fair value of contingent consideration in connection with business acquisition
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$8.4m
|
|
Deferred consideration in connection with business acquisition
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$1.9m
|
|
Stock-based Compensation Expense Capitalized In Internal-use Software
|
|
—
|
—
|
—
|
—
|
—
|
$298k
|
$314k
|
$448k
|
|
Net cash provided by operating activities
|
|
($17.2m)
|
($14.4m)
|
($11.4m)
|
$14.8m
|
$10.7m
|
$6.5m
|
$26.3m
|
$43.4m
|
|
Capital expenditures incurred but not yet paid
|
|
$0
|
$0
|
$367k
|
$4k
|
$0
|
$137k
|
$375k
|
$92k
|
|
Payments for business acquisition, net of cash acquired
|
|
—
|
—
|
—
|
$0
|
$0
|
($145.6m)
|
($1.4m)
|
($51.8m)
|
|
Net cash (used in) provided by investing activities
|
|
($2.1m)
|
($760k)
|
($53.8m)
|
($22.1m)
|
($37.7m)
|
($86.6m)
|
$40.7m
|
($52.1m)
|
|
Net cash provided by (used in) financing activities
|
|
$37.2m
|
$124.3m
|
$44.4m
|
($100k)
|
($193k)
|
$54.0m
|
($30.3m)
|
$15.5m
|
|
Net increase (decrease) in cash, cash equivalents and restricted cash
|
|
$17.9m
|
$109.1m
|
($20.8m)
|
($7.4m)
|
($27.2m)
|
($26.2m)
|
$36.7m
|
$6.8m
|
|
Cash and cash equivalents
|
|
|
|
|
|
|
|
|
|
|
Restricted Cash
|
|
—
|
—
|
—
|
$0
|
$0
|
$3.9m
|
$4.0m
|
$1.9m
|
|
Cash paid for interest
|
|
$489k
|
$76k
|
$138k
|
$111k
|
$62k
|
$1.6m
|
$3.6m
|
$1.9m
|
|
Employee taxes paid related to the net share settlement of stock-based awards
|
|
$0
|
($9.9m)
|
($8.6m)
|
($1.6m)
|
($1.9m)
|
($2.4m)
|
($2.3m)
|
($346k)
|
|
Income Taxes Paid, Net
|
|
$0
|
$22k
|
$66k
|
$127k
|
$211k
|
$735k
|
$759k
|
$1.4m
|