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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 53,714 $ 74,583
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 104,095 86,533
Stock-based compensation 44,686 38,986
(Benefit) provision for deferred income taxes (7,814) 28,425
Amortization of debt discount and issuance costs 4,850 4,597
Restructuring-related software charges 2,818 0
Other non-cash reconciling items, net 4,379 (129)
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable (18,419) (19,876)
Prepaid expenses and other current assets (4,927) (47,172)
Accounts payable and accrued expenses (31,312) (23,940)
Deferred revenue 25,243 10,043
Other current liabilities 13,701 3,516
Other non-current assets and liabilities 996 (12,948)
Net cash provided by operating activities 192,010 142,618
Cash flows from investing activities:    
Cash paid for acquired businesses, net of cash acquired (79) (10)
Purchases of property and equipment (51,584) (45,224)
Capitalization of internal-use software development costs (61,491) (45,957)
Purchases of short- and long-term marketable securities (73,352) (92,306)
Proceeds from sales of short- and long-term marketable securities 16,196 180,257
Proceeds from maturities of short- and long-term marketable securities 59,540 143,881
Other non-current assets and liabilities (715) (335)
Net cash (used in) provided by investing activities (111,485) 140,306
Cash flows from financing activities:    
Proceeds related to the issuance of common stock under stock plans 22,738 17,530
Employee taxes paid related to net share settlement of stock-based awards (29,714) (33,921)
Repurchases of common stock (19,785) (72,467)
Other non-current assets and liabilities (3,900) 0
Net cash used in financing activities (30,661) (88,858)
Effects of exchange rate changes on cash, cash equivalents and restricted cash 1,165 5,019
Net increase in cash, and cash equivalents and restricted cash 51,029 199,085
Cash, cash equivalents and restricted cash at beginning of period 314,429 324,626
Cash, cash equivalents and restricted cash at end of period 365,458 523,711
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net of refunds received of $4,476 and $815 for the three months ended March 31, 2018 and 2017, respectively 18,313 41,133
Non-cash investing activities:    
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses 7,811 6,411
Capitalization of stock-based compensation $ 18,555 $ 39,200