|
Net Income (Loss)
|
|
($6.3m)
|
$86.0m
|
$3.6m
|
$61.5m
|
$49.1m
|
($12.9m)
|
($33.0m)
|
|
Depreciation and amortization
|
|
$8.9m
|
$9.9m
|
$9.5m
|
$10.7m
|
$11.6m
|
$12.3m
|
$12.5m
|
|
Amortization and accretion of marketable securities
|
|
—
|
$0
|
$0
|
($2.5m)
|
($11.3m)
|
($10.6m)
|
($6.9m)
|
|
Deferred income taxes
|
|
($55k)
|
($22.9m)
|
($14.9m)
|
($624k)
|
($18.4m)
|
($15.5m)
|
($1.8m)
|
|
Operating lease liabilities
|
|
($6.2m)
|
($5.9m)
|
($2.9m)
|
($6.7m)
|
($6.0m)
|
($5.3m)
|
($3.3m)
|
|
Operating lease right-of-use assets obtained in exchange for operating lease liabilities
|
|
$0
|
$5.8m
|
$0
|
$0
|
$744k
|
$1.2m
|
$7.1m
|
|
Stock-based compensation expense
|
|
$6.7m
|
$5.8m
|
$107.3m
|
$77.0m
|
$84.2m
|
$64.4m
|
$47.6m
|
|
Provision for bad debts
|
|
$1.3m
|
$3.2m
|
$1.8m
|
$3.9m
|
$2.7m
|
$185k
|
$1.1m
|
|
Non-cash lease expense
|
|
$5.7m
|
$5.6m
|
$5.4m
|
$4.4m
|
$4.2m
|
$4.0m
|
$3.1m
|
|
Other
|
|
—
|
$341k
|
$200k
|
$3.3m
|
$1.5m
|
$3.6m
|
$2.6m
|
|
Accounts receivable
|
|
($9.9m)
|
$1.3m
|
($22.4m)
|
($6.7m)
|
$14.4m
|
$3.7m
|
($3.4m)
|
|
Prepaid expenses and other assets
|
|
($783k)
|
$2.2m
|
($4.7m)
|
($2.6m)
|
$2.3m
|
($132k)
|
($1.1m)
|
|
Deferred commissions
|
|
($3.9m)
|
($1.7m)
|
($1.2m)
|
($1.0m)
|
$498k
|
$2.0m
|
$473k
|
|
Other assets
|
|
$74k
|
$179k
|
($2.1m)
|
$1.8m
|
$246k
|
$767k
|
$704k
|
|
Accounts payable
|
|
$747k
|
$5.1m
|
$11.2m
|
($3.6m)
|
($9.3m)
|
($1.4m)
|
($1.4m)
|
|
Accrued expenses and other liabilities
|
|
$3.1m
|
$2.2m
|
$45.4m
|
($19.2m)
|
($15.9m)
|
$2.8m
|
($5.1m)
|
|
Accrued interest
|
|
—
|
$12k
|
$120k
|
$12.7m
|
$0
|
$29k
|
($2k)
|
|
Deferred revenue
|
|
($1.6m)
|
($3.3m)
|
$8.1m
|
($3.7m)
|
($6.7m)
|
($2.1m)
|
($1.1m)
|
|
Purchases of property and equipment
|
|
($2.5m)
|
($1.4m)
|
($6.1m)
|
($2.7m)
|
($918k)
|
($922k)
|
($1.1m)
|
|
Capitalized internal-use software costs
|
|
($7.8m)
|
($6.0m)
|
($7.3m)
|
($7.9m)
|
($9.7m)
|
($8.6m)
|
($6.4m)
|
|
Purchases of marketable securities
|
|
—
|
$0
|
$0
|
($367.1m)
|
($421.3m)
|
($632.6m)
|
($525.1m)
|
|
Sales of marketable securities
|
|
—
|
$0
|
$0
|
$861k
|
$0
|
$0
|
$983k
|
|
Paydowns, maturities, and redemptions of marketable securities
|
|
—
|
$0
|
$0
|
$25.6m
|
$538.7m
|
$592.2m
|
$596.7m
|
|
Proceeds from exercise of stock options
|
|
$945k
|
$2.4m
|
$18.5m
|
$4.7m
|
$4.3m
|
$1.9m
|
$2.8m
|
|
Payments of tax withholdings on net settlement of equity awards
|
|
$0
|
$0
|
($5.2m)
|
($19.2m)
|
($17.4m)
|
($13.6m)
|
($7.9m)
|
|
Proceeds from issuance of stock under employee stock purchase plan
|
|
—
|
$0
|
$0
|
$8.1m
|
$6.4m
|
$3.6m
|
$1.7m
|
|
Payment of acquisition-related non-employee investor holdback consideration
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($928k)
|
|
Beginning of period
|
|
$35.5m
|
$114.5m
|
$254.6m
|
$227.4m
|
$283.0m
|
$218.4m
|
$188.0m
|
|
Federal
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
|
State and local
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$2.6m
|
|
Foreign
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$1.4m
|
|
Net cash provided by operating activities
|
|
($2.1m)
|
$88.0m
|
$144.1m
|
$128.8m
|
$103.2m
|
$45.7m
|
$11.0m
|
|
Acquisition of business, net of cash acquired
|
|
—
|
—
|
—
|
$0
|
$0
|
($12.0m)
|
$0
|
|
Net cash provided by (used in) investing activities
|
|
($10.4m)
|
($7.4m)
|
($13.3m)
|
($351.1m)
|
$106.7m
|
($62.0m)
|
$65.1m
|
|
Repurchase of common stock
|
|
$0
|
($19.0m)
|
($2.8m)
|
($339.3m)
|
($147.6m)
|
($40.3m)
|
($102.1m)
|
|
Net cash used in financing activities
|
|
$945k
|
($1.6m)
|
$9.3m
|
$195.1m
|
($154.3m)
|
($48.4m)
|
($106.5m)
|
|
Net increase (decrease) in cash and cash equivalents
|
|
($11.6m)
|
$79.0m
|
$140.1m
|
($27.2m)
|
$55.7m
|
($64.6m)
|
($30.4m)
|
|
Interest paid
|
|
$577k
|
$703k
|
$344k
|
$14.6m
|
$28.1m
|
$28.1m
|
$28.2m
|
|
Total income taxes paid (subsequent to adoption of ASU 2023-09)
|
|
$877k
|
$1.0m
|
$1.9m
|
$14.7m
|
$25.6m
|
$18.0m
|
$4.1m
|