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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income (loss) $ (1,269,000) $ 13,608,000 $ 5,667,000
(Income) from discontinued operations, net of income taxes (5,000) (13,356,000) (3,180,000)
Adjustments:      
Provision for transaction losses 332,000 422,000 330,000
Depreciation and amortization 442,000 502,000 583,000
Stock-based compensation 494,000 477,000 417,000
Loss (gain) on investments and other, net 21,000 (159,000) 2,000
Deferred income taxes (780,000) (680,000) 414,000
Change in fair value of warrant 230,000 (354,000) (770,000)
Loss on extinguishment of debt 0 10,000 0
Changes in assets and liabilities, net of acquisition effects      
Other current assets (33,000) 236,000 (646,000)
Other non-current assets 20,000 188,000 141,000
Accounts payable 6,000 9,000 69,000
Accrued expenses and other liabilities (410,000) (552,000) 189,000
Income taxes payable and other tax liabilities 40,000 (15,000) 27,000
Net cash provided by continuing operating activities 2,627,000 3,093,000 3,004,000
Net cash used in discontinued operating activities (373,000) (436,000) (585,000)
Net cash provided by operating activities 2,254,000 2,657,000 2,419,000
Cash flows from investing activities:      
Purchases of property and equipment (449,000) (444,000) (463,000)
Purchases of investments (18,534,000) (22,161,000) (32,887,000)
Maturities and sales of investments 20,626,000 18,770,000 33,129,000
Proceeds from sale of shares in Adevinta 8,000 2,325,000 0
Acquisition of TCGplayer, net of cash acquired (208,000) 0 0
Settlement of foreign exchange derivative instruments in equity investments 0 85,000 0
Exercise of options under warrant 0 (110,000) 0
Other (71,000) 4,000 42,000
Net cash provided by (used in) continuing investing activities 2,459,000 (1,417,000) (179,000)
Net cash provided by discontinued investing activities 2,000 5,080,000 3,973,000
Net cash provided by investing activities 2,461,000 3,663,000 3,794,000
Cash flows from financing activities:      
Proceeds from issuance of common stock 87,000 93,000 90,000
Repurchases of common stock (3,143,000) (7,055,000) (5,137,000)
Payments for taxes related to net share settlements of restricted stock units and awards (160,000) (236,000) (175,000)
Payments for dividends (489,000) (466,000) (447,000)
Proceeds from issuance of long-term debt, net 1,143,000 2,478,000 1,765,000
Repayment of debt (1,355,000) (1,156,000) (1,771,000)
Net funds receivable and payable activity 125,000 (208,000) 0
Other 0 (7,000) (5,000)
Net cash used in continuing financing activities (3,792,000) (6,557,000) (5,680,000)
Net cash provided by (used in) discontinued financing activities 0 25,000 (12,000)
Net cash used in financing activities (3,792,000) (6,532,000) (5,692,000)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (57,000) 24,000 77,000
Net increase (decrease) in cash, cash equivalents and restricted cash 866,000 (188,000) 598,000
Cash, cash equivalents and restricted cash at beginning of period 1,406,000 1,594,000 996,000
Cash, cash equivalents and restricted cash at end of period 2,272,000 1,406,000 1,594,000
Cash, cash equivalents and restricted cash of continuing operations at end of period 2,272,000 1,406,000 1,238,000
Cash paid for:      
Interest 244,000 253,000 271,000
Income taxes 540,000 929,000 493,000
Discontinued Operations, Disposed of by Sale      
Cash flows from financing activities:      
Less: Cash, cash equivalents and restricted cash of discontinued operations 0 0 356,000
Adevinta      
Adjustments:      
Change in fair value of equity investment 2,691,000 3,070,000 0
Noncash investing activities:      
Equity investment   10,776,000  
GMarket      
Adjustments:      
Change in fair value of equity investment 294,000 3,000 0
Noncash investing activities:      
Equity investment   728,000  
Kakao Bank      
Adjustments:      
Change in fair value of equity investment 293,000 (486,000) (239,000)
Cash flows from investing activities:      
Total cash consideration from sale of equity securities 287,000 114,000 0
Adyen      
Adjustments:      
Change in fair value of equity investment 261,000 10,000 0
Cash flows from investing activities:      
Total cash consideration from sale of equity securities 800,000 0 0
Paytm Mall      
Adjustments:      
Loss on impairment of equity investment in Paytm Mall $ 0 $ 160,000 $ 0