XML 17 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (129,582) $ (142,698)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 47,738 48,102
Stock-based compensation 73,224 80,474
Non-cash interest expense related to convertible senior notes 24,367 23,700
Deferred income taxes 154 (18)
Other 6,608 637
Changes in operating assets and liabilities, net of business acquisitions:    
Accounts receivable 50,320 32,860
Inventories (15) (243)
Prepaid expenses and other assets 13,137 3,959
Accounts payable (12,971) 4,415
Accrued liabilities (6,073) (3,566)
Accrued compensation 11,910 (8,704)
Deferred revenue (81,721) (24,830)
Other long-term liabilities (6,862) (4,564)
Net cash provided by provided by (used in) operating activities (9,766) 9,524
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment and demonstration units (17,556) (28,240)
Purchases of short-term investments (106,631) (258,104)
Proceeds from maturities of short-term investments 277,749 311,905
Purchase of investment in privately held company (1,000) 0
Proceeds from sales of short-term investments 28,208 0
Business acquisitions, net of cash acquired (12,948) (127,249)
Lease deposits 87 426
Net cash provided by (used in) investing activities 167,909 (101,262)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase of convertible senior notes (96,392) 0
Payment related to shares withheld for taxes (8,039) 0
Proceeds from employee stock purchase plan 12,300 12,315
Proceeds from exercise of equity awards 3,731 1,495
Net cash provided by provided by (used in) financing activities (88,400) 13,810
Net change in cash and cash equivalents 69,743 (77,928)
Cash and cash equivalents, beginning of period 334,603 409,829
Cash and cash equivalents, end of period 404,346 331,901
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for income taxes 1,449 2,682
Cash paid for interest 6,962 6,962
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common stock issued in connection with acquisitions 0 119,682
Purchases of property and equipment and demonstration units in accounts payable and accrued liabilities $ 2,348 $ 6,531