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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2022
Jun. 30, 2022
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities            
Net (loss) income $ (25,753) $ (38,496) $ (50,477) $ (48,733) $ (108,664) $ 9,896
Adjustments to reconcile net (loss) income to net cash provided by operating activities:            
Depreciation and amortization 5,394 10,933 16,187 21,745 16,686 20,097
Amortization of debt issuance costs 56 112 170 227 1,392 2,591
Amortization of prior hedge effectiveness       0 3,095 3,481
Amortization of right-of-use assets 378 852 1,290 2,049 0 0
Stock-based compensation 21,865 44,712 64,490 80,469 112,596 12,894
Impairment of long-lived assets 0 0 237 248 924 1,105
Impairment of other equity security 170 170 170 3,000 0 0
Impairment of available for sale debt security       0 0 4,818
Loss on debt extinguishment       0 7,955 0
Discontinuance of interest rate swaps and write-off of prior hedge effectiveness       0 8,688 0
Loss on sale of business       0 0 1,764
Deferred income taxes (1,086) (2,109) (2,637) (793) (11,595) 1,325
Change in fair value of contingent consideration 0 (150) (150) (150) 0 0
Change in fair value of financial guarantee       0 (150) (1,750)
Change in fair value of derivative instruments       0 392 205
Change in fair value of other equity security       0 (1,812) 0
Unrealized foreign exchange loss (gain) 1,379 3,405 5,958 3,558 943 (1,755)
Other 0 (1) (1) 168 4 22
Changes in operating assets and liabilities, net of effects of business combinations, asset acquisition and disposal of business:            
Accounts receivable (2,755) (2,357) (3,024) (2,505) (1,511) 954
Prepaid expenses and other current assets (6,464) (417) (296) (523) (4,965) (799)
Other assets (811) (338) (863) 179 (3,648) 1,153
Accounts payable (117) (13,553) (6,417) (6,609) 2,360 12,416
Accrued expenses and other liabilities 5,772 6,921 7,585 6,535 13,781 1,418
Operating lease liabilities (770) (1,642) (1,599) (2,135) 0 0
Income tax payable 7 15 22 28 (185) 10
Deferred revenue 16,472 16,700 21,370 17,079 17,866 23,204
Net cash provided by operating activities 13,737 24,757 52,015 73,837 54,152 93,049
Cash flows from investing activities            
Acquisitions, net of cash acquired 0 0 (2,532) (2,532) (61,523) (934)
Asset acquisition, net of cash acquired       6,299 0 0
Proceeds from acquisition working capital adjustment 304 307 307 307 0 0
Purchase of property and equipment (4,911) (10,379) (16,441) (22,098) (11,740) (10,587)
Payment upon extinguishment of interest rate swaps       0 (3,283) 0
Purchase of other equity security       0 (1,127) 0
Sale of business, net of cash sold       0 0 (1,206)
Net cash used in investing activities (4,607) (10,072) (18,666) (30,622) (77,673) (12,727)
Cash flows from financing activities            
Repayment of finance and capital lease obligations (4)     (14) (31) (31)
Payment of debt issuance costs       0 (767) 0
Repayment of 2018 Term Loan       0 (524,300) (5,350)
Proceeds from 2018 Revolving Facility       0 0 40,000
Repayment of 2018 Revolving Facility       0 0 (40,000)
Repayment of hybrid debt       0 (1,332) (1,249)
Payment upon extinguishment of hybrid debt       0 (9,774) 0
Payment of contingent consideration 0 (600) (600) (600) (1,049) 0
Repurchase and retirement of common stock (1,094) (39,155) (61,736) (95,126) 0 (4,805)
Tender offer costs       0 0 (145)
Payment of special dividends       0 (112) (284)
Proceeds from issuance of common stock in initial public offering, net of underwriting discounts and commissions       0 581,833 0
Proceeds from private placement, net of underwriting discounts and commissions       0 85,050 0
Payment of stock issuance costs       0 (5,636) 0
Repurchase and retirement of common stock for tax withholding obligations (11) (30) (41) (41) (2,342) (3,606)
Proceeds from issuance of stock under employee stock plans 237 1,487 1,682 2,438 1,819 381
Net cash (used in) provided by financing activities (872) (38,298) (60,695) (93,343) 123,359 (15,089)
Effect of exchange rate changes on cash, cash equivalents and restricted cash equivalent (51) (147) (139) (87) (11) 57
Net (decrease) increase in cash, cash equivalents and restricted cash equivalent 8,207 (23,760) (27,485) (50,215) 99,827 65,290
Cash, cash equivalents and restricted cash equivalent, at beginning of the period 239,297 239,297 239,297 239,297 139,470 74,180
Cash, cash equivalents and restricted cash equivalent, at end of the period 247,504 215,537 211,812 189,082 239,297 139,470
Supplemental cash flow data            
Interest       0 12,284 27,864
Income taxes       741 1,459 1,485
Reconciliation of cash, cash equivalents, and restricted cash equivalent reported in the consolidated balance sheets            
Cash and cash equivalents 247,504 215,537 211,812 189,082 239,297 114,470
Restricted cash equivalent       0 0 25,000
Total cash, cash equivalents, and restricted cash equivalent shown in the consolidated statements of cash flows $ 247,504 $ 215,537 $ 211,812 189,082 239,297 139,470
Non-cash investing and financing activities            
Right of use assets obtained in exchange for new operating lease liabilities       7,528 0 0
Capitalized stock-based compensation       2,526 674 46
Purchase of property and equipment included in accounts payable and accrued expenses and other current liabilities       646 676 717
Conversion of Series A redeemable convertible preferred stock into common stock in connection with initial public offering       0 70,906 0
Change in fair value of hedged interest rate swaps and interest rate cap       0 (5,817) 412
Transfer of interest rate swaps derivative liability to hybrid debt       0 0 12,345
Contingent consideration for business acquired       $ 0 $ 0 $ 1,250