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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net loss $ (31,211) $ (24,341)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 5,166 4,145
Amortization of internally developed software 1,850 1,390
Amortization of intangible assets 2,308 646
Loss on disposal of property and equipment 19 16
Unrealized foreign currency gains (203) 0
Noncash interest expense related to warrants issued in connection with debt 36 113
Stock-based compensation related to equity awards and restricted stock 12,040 6,353
Provision for bad debts 776 549
Deferred income tax benefits (307) (2,775)
Excess tax benefits from stock-based award activities (9) (103)
Changes in operating assets and liabilities, net of effect of acquisitions    
Accounts receivable (3,386) (5,369)
Prepaid expenses and other current assets (1,750) (1,360)
Other assets 407 68
Accounts payable (1,073) 139
Deferred revenues (689) 584
Accrued expenses and other current liabilities 2,426 (183)
Net cash used in operating activities (13,600) (20,128)
Investing activities    
Purchases of property and equipment (8,217) (2,728)
Capitalization of internally developed software (4,107) (2,381)
Acquisitions of businesses, net of cash acquired (7,509) (4,151)
Net cash used in investing activities (19,833) (9,260)
Financing activities    
Repayment of notes payable (2,967) (2,391)
Debt issuance costs (53) 0
Repurchase of unvested shares (2) (7)
Proceeds from exercise of common stock options 1,107 1,977
Proceeds from employee stock purchase plan, net of refunds 995 1,056
Stock issuance costs (51) 0
Excess tax benefits from stock-based award activities 9 103
Net cash (used in) provided by financing activities (962) 738
Effect of foreign exchange rate changes on cash and cash equivalents (526) 0
Net decrease in cash and cash equivalents (34,921) (28,650)
Beginning of period 68,253 [1] 104,407
End of period 33,332 75,757
Supplemental disclosure of noncash investing and financing activities    
Purchases of property and equipment recorded in accounts payable and accrued expenses 712 100
Acquisition of equipment through capital lease 1,905 0
Issuance of common stock under employee stock purchase plan 548 715
Issuance of common stock in connection with business combination 4,337 11,195
Shares withheld to cover payroll taxes related to the vesting of restricted stock units $ 521 $ 0
[1] Derived from our audited consolidated financial statements as of December 31, 2014.